Wall Street åpner markant opp
Teknologiaksjer gjør comeback etter noen turbulente børsdager.
After an initially negative reaction to yesterday's Federal Reserve meeting, the Wall Street market bounced back on Thursday. Relief came primarily from oil and bond prices. Brent and WTI oil prices fell, with the yield on 10-year US Treasury bonds dipping just under five percent. Saudi Arabia aims, according to briefing reports, to bring about half of its east-west pipeline back online within days.
Additional oil transfers via Oman are expected to improve supply. A full recovery remains elusive. Among companies, Generac stands out. Its stock rose more than 30 percent pre-market following a delivery agreement for Amazon's data centers with a potential contract value of up to eight billion US dollars. Salesforce received higher analyst price targets after Dreamforce, boosted by potential AI applications.
Lennar, on the other hand, disappoints with profit and outlook figures, as new orders fell nine percent. High interest rates and decreasing affordability weigh on homebuyers. The stock remains slightly weaker due to the negative sentiment already in advance of the numbers.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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