AOF Wall Street Analysis – Markets in US stock markets in a distributed order – Indices and shares


(AOF) – stock markets in the US closed on an unorganized Monday. On the eve of the mid-term elections, caution was needed. The context was also uncertain due to questions about the rate of monetary policy tightening by the Fed and the growing conflict of trade between China and the US. Side value, Apple continued descent. At the statistical level, the ISM services index performed better than expected in October. At the sound of the bell, Dow Jones increased by 0.76% to 25,461.70 points, while NASDAQ reached 0.38% to 7,288.85 points.

Apple lost 2.84% to $ 201.59. Sanctioned on Friday for conservative forecasts for the fourth calendar quarter, producer of the iPhone & # 39; and was the Monday victim of information from the Nikkei Asian Review. According to these media, the American group reportedly told its subcontractors that they must abandon the increase in the number of production lines dedicated to the assembly of the iPhone & xR; and XR.

Economic data during the day

The ISM services index reached 60.3 in October in October against the consensus of 59.3 and 61.6 in September.

Values ​​to follow today

In the coming holiday season, Amazon offers free shipping, with a minimum purchase of over 3 million products. Typically, you must spend a minimum of $ 25 to get free shipping or pay USD 119 per year for a Premium membership. The giant of e-commerce said it would offer these fees for a limited time to compete with Target and Walmart.

Berkshire Hathaway presented better than expected results in the third quarter on Friday and announced the purchase of shares. Warren Buffta investment company reported a net profit of USD 18.5 billion or USD 11.280 per share compared to USD 4.07 billion or USD 2.473 per class A share in the previous year. The new accounting principle forced the company to register unrealized gains from the securities portfolio and derivative contracts for USD 11.7 billion.

Eli Lilly announced that one of his hits, the anti-diabetes drug Trulicity, significantly reduced the risk of having a heart attack in patients with type 2 diabetes. This conclusion is the result of a large study, said the US pharmaceutical company. Trulicity is expected to generate more than $ 3.1 billion in revenue this year, analysts say.

Ferrari just published the results for the third quarter of 2018. In this way, the Italian-American producer achieved a net profit of EUR 287 million during this period, compared to EUR 141 million a year earlier. The FactSet Estimates consensus totaled 208 million euros. Revenues in the third quarter amounted to EUR 838 million, an increase of 0.3% in reported terms. The market expected 871 million euros. For all 2018, the car manufacturer confirmed its goals.

Lowe & # 39; s Companies announced plans to close the 20 worst stores in the United States and 31 stores in Canada until February 1, 2019. As part of the strategic reassessment. A group of DIY and fit-up stores said that most employees in shops with closed stores will receive similar job offers in other stores. The expected impact on earnings per share is from 28 cents to 34 cents.

Spotify Technology announced a share buyback program on Monday. The group has been authorized to buy back its own shares up to USD 1 billion. This program expires on April 21, 2021.

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