North American financial markets start mixed in the third session of the week. The New York Stock Exchange started trading on Wednesday between Nasdaq's 'green' and Dow Jones 'red', at a time when investors are waiting for news about the negotiations between the Democrats and the White House.
On Wall Street, the Dow Jones industrial index slips 0,13%, to 28.271,84 points, the financial S&P 500 advances 0,04%, to 3.444,52 points and the technological Nasdaq adds 0,33%, for 11.554,14 points. The Russell 2000 depreciated 0,24%, to 1.614,55 points.
Analyst Ramiro Loureiro highlights the 24,67% appreciation of the technological Snap (to $ 35,47), after reporting the results for the third quarter. The owner of Snapchat had a year-on-year increase of 52,10% in revenues, to 678,7 million dollars, when the market consensus pointed to only 606 million dollars.
“They end up animating the sector, namely Pinterest, which additionally proves to be driven by two positive revaluations by investment houses”, explains the trader Millennium bcp, in a market note.
Investor radar also included Thermo Fisher (+ 2,67% to $ 477,66), Evercore (+ 6,57% to $ 82,84) and Abbott (-0,62% to $ 107,69) ), as they also released their latest reports and accounts.
On the other hand, Netflix is falling 4,72% to $ 501,60, following the 2,20 million paid subscribers that had more in the third quarter were lower than expected by analysts, who anticipated 3,57 millions of new subscribers. The earnings per share of the pay-TV platform streaming they also fell short: $ 1,74, when the market consensus pointed to $ 2,14.
“Stock exchanges will be driven by increased expectations for a stimulus package in the United States. In addition, the market will remain expectant in relation to the references of the coming days: Donald Trump / Joe Biden debate, relevant macro ”, conclude Bankinter analysts, in research.