When the trade opened on Thursday the stock exchanges in New York remained close to base. Wall Street assessed, among other things, financial reports of a number of major airlines. Investors continue to focus on developments in trade between the United States and China and the continued shutdown of the US government.
The American Airlines figures were well received. Both turnover and profit exceeded the expectations of analysts. The share was worth 7.5 percent more in the first trading minutes. Rivals Southwest Airlines and JetBlue Airways also got the hands of investors on each other, with pluses of up to 5 percent. Southwest Airlines admittedly felt the consequences of the shutdown on the turnover in January.
Chipconcern Texas Instruments benefited from tighter control of operating costs and lower tax provisions. Investors increased the share by 3 percent. Ford Motor also gave a look at the books. The car group suffered losses last quarter and went down 0.5 percent at the stock exchange.
The Dow-Jones index scored 0.1 percent lower at 24.540 points shortly after the opening bell. The broad S & P 500 went down 0.1 percent to 2636 points and technology exchange Nasdaq won 0.2 percent to 7039 points.