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Apple, the Stock Exchange doesn't like the accounts: -4% at the opening of the session

The Cupertino-based company's stock falls to around $95 per share after the quarterly report showed earnings growth but a slowdown in iPhone sales – Boeing also collapses, Wall Street suffers while awaiting the Fed.

Apple, the Stock Exchange doesn't like the accounts: -4% at the opening of the session

Apple's earnings soar, but in the aftermath of publication of accounts which also highlighted a slowdown in iPhone sales, do not entirely convince the financial markets. In yesterday's close, the stock had gained about half a percentage point on the Nasdaq, however remaining below the $100 mark: today however the action of the Cupertino company is accelerating downwards, losing more than 4 percentage points at the opening session, a 95.72 dollars.

The flop is contributing to the suffering of Wall Street: the Nasdaq composite index just before 16 pm in Italy loses 0,7% to 4,536.30 points. The Dow Jones and the S&P500 are also bad, with losses around half a percentage point. The S&P500 initially opened sharply higher, up 1,4%. The start of American negotiations is also weak due to the retreat of crude oil and the ko of Boeing, which records a -7% following a disappointing quarterly. 

In the aftermath of a hike session, caution therefore prevails today, also with regard to the expected press release from the Federal Reserve, which should be released around 20 pm Italian time. The market believes that rates will remain at 0,25-0,5%, level to which they were brought last December when there was the first tightening since June 2006. Great expectations for the signals from China and on inflation.

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