The stock market opened lower in New York on Tuesday. The S&P 500, which follows five hundred large American companies, was 0.5 percent lower compared to yesterday’s closing reading.
The Nasdaq, which is made up of shares of technology companies, was in the same decline readings and the Dow Jones, which follows thirty large companies, glowed 0.7 percent in the red.
Today’s big theme has been the war in Ukraine. President of Russia Vladimir Putin announced a new nuclear doctrine, according to which nuclear weapons are prepared to be used more laxly than before.
The answer is the President of the United States For Joe Bidenwhich gave Ukraine permission to use American long-range missiles.
According to the news agency Bloomberg, Ukraine used them for the first time today, referring to, for example, the Russian Defense Ministry’s statement about Telegram. The United States has not agreed to confirm the information.
In Europe, the stock market has been falling and money has flowed into safe havens such as government bonds.
Walmart posted stronger-than-expected numbers
Retail giant Walmart published its third quarter interim report today.
The company’s net sales increased by 5.5 percent to 169.6 billion dollars and the operating result by 8.2 percent to 6.7 billion dollars. Walmart beat analysts’ forecasts.
The company also raised its guidelines for the rest of the year. According to it, consumer demand has been strong, especially among households that earn more.
Walmart shares were up 2.8 percent at $86.46.
Tomorrow, the wait of many investors will be rewarded when a member of the top caste of the semiconductor industry Nvidia publishes its interim report. Today, the company’s stock was up 1.2 percent at $141.88.
Source: www.arvopaperi.fi
