The session on Wall Street opened immediately with new records: DJIA, S&P 500 and Nasdaq reached new intraday highs as soon as the bell rang which marks the start of trading. The indexes are driven by the quarterly reports of the large US groups which beat analysts' estimates: this is the case, for example, of the aerospace giant Boeing (+5,7%), which has returned to profit and which has raised its estimates for the entire fiscal year. Even AT&T (+4%) celebrates accounts above forecasts; the telecommunications group plans to complete the acquisition of Time Warner by the end of the year. Coca Cola has exceeded market forecasts but the title fails to celebrate (-1%). Ford Motor also decelerates (-1,8%) despite earnings above the consensus.
Investors meanwhile await the end of the Federal Reserve meeting. After the first few minutes of trading, the DJIA advanced by 102,24 points, or 0,47%, to 21.715,67. The S&P 500 rose 2,75 points, or 0,11%, to 2.480,10. The Nasdaq Composite scores -16,31 points, or 0,25%, at 6.428,16. Oil in September at the Nymex rose by 0,96% to 48,35 dollars a barrel pending the data on US weekly inventories, seen in decline.
