Advertisement
Singapore markets close in 4 hours 13 minutes

  • Straits Times Index

    3,286.62
    -1.13 (-0.03%)
     

  • Nikkei

    37,997.57
    +369.09 (+0.98%)
     

  • Hang Seng

    17,626.75
    +342.21 (+1.98%)
     

  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     

  • Bitcoin USD

    64,275.73
    -41.59 (-0.06%)
     

  • CMC Crypto 200

    1,388.91
    +6.34 (+0.46%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,347.50
    +5.00 (+0.21%)
     

  • Crude Oil

    83.86
    +0.29 (+0.35%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,573.86
    +4.61 (+0.29%)
     

  • Jakarta Composite Index

    7,115.99
    -39.31 (-0.55%)
     

  • PSE Index

    6,568.45
    -6.43 (-0.10%)
     

US stocks mostly up on Amazon, Alphabet profits

AFP

Strong earnings from Amazon and Google parent Alphabet lifted US stocks mostly higher Friday, countering a disappointing report on second-quarter US economic growth.

Alphabet jumped 3.3 percent as its second-quarter earnings of $4.9 billion topped analyst expectations due to strong growth in online advertising. Amazon advanced 0.9 percent on a ninefold jump in second-quarter earnings to $857 million.

But US growth came in at a tepid 1.2 percent, according to official data, well below the 2.6 percent analyst estimate.

At the closing bell, the Dow Jones Industrial Average was at 18,428.68, down 0.2 percent.

The broad-based S&P 500 rose 0.2 percent to 2,173.33, while the tech-rich Nasdaq Composite Index advanced 0.1 percent to 5,162.13.