Advertisement
Singapore markets open in 7 hours 45 minutes

  • Straits Times Index

    3,303.19
    +10.26 (+0.31%)
     

  • S&P 500

    5,159.81
    +32.02 (+0.62%)
     

  • Dow

    38,760.62
    +84.94 (+0.22%)
     

  • Nasdaq

    16,267.61
    +111.28 (+0.69%)
     

  • Bitcoin USD

    63,482.66
    -800.80 (-1.25%)
     

  • CMC Crypto 200

    1,361.56
    +48.93 (+3.73%)
     

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • Gold

    2,333.00
    +24.40 (+1.06%)
     

  • Crude Oil

    78.27
    +0.16 (+0.20%)
     

  • 10-Yr Bond

    4.4940
    -0.0060 (-0.13%)
     

  • Nikkei

    38,236.07
    -38.03 (-0.10%)
     

  • Hang Seng

    18,578.30
    +102.38 (+0.55%)
     

  • FTSE Bursa Malaysia

    1,597.39
    +7.80 (+0.49%)
     

  • Jakarta Composite Index

    7,135.89
    +1.17 (+0.02%)
     

  • PSE Index

    6,652.49
    +36.94 (+0.56%)
     

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.