The Dow Jones standard stock index rose 0.4 percent to 38,521 points at the end of trading on Tuesday. The Nasdaq technology index rose 0.1 percent to 15,609 points. The S&P 500 gained 0.2 percent and closed at 4,954 points.
GE HealthCare gains twelve percent
The accounting season continued in the United States. GE HealthCare's perspectives were well received. Shares gained almost twelve percent. DuPont gained 7.4 percent. Palantir rose 30.8 percent after a positive outlook. The company is benefiting from the rise of artificial intelligence.
Eli Lilly however, lost. After the initial gains, the stock price turned around and lost 0.2 percent by the end of trading. The company expects sales to increase thanks to its new Zepbound slimming injection. However, investors played it safe and took temporary profits.
Meanwhile, Wall Street lost faith in the photography app Snapchat. Investors sent shares of operating company Snap down 31 percent in after-hours trading. Snap missed expectations with its sales last quarter and surprised investors with an unexpectedly high loss forecast for the current quarter.
German investors await Siemens Energy's quarterly figures today and the Heidelberg printing press. German stock market data will be published in the afternoon at 7:00 p.m. The company is expected to post growing profits and sales.
Waiting for the interest rate change
Jerome Powell, head of the US Federal Reserve, recently signaled that there likely will be no interest rate cuts at the next meeting in March. Many investors expected a faster recovery in US interest rates. Until the Federal Reserve actually implements this measure, price potential is limited.
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