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In Money Matters

Friday Stock Exchange Information

26th January 2019

Friday Stock Exchange Information Pin It

The stock exchanges in New York opened higher on Friday. This is followed by the indicators on Wall Street Asia and Europe, where there were also pluses.

The leading Dow-Jones index rose 0.7 percent after 24 minutes to 24,729 points. The broad S & P 500 gained 0.6 percent to 2658 points and the Nasdaq tech exchange rose 0.6 percent to 7117 points.

The results of Intel over the last months of last year were disappointing and also the expectations for the current quarter of the chip giant were cautious. The share price lost more than 7 percent. According to analysts, it seems that Intel suffers from the weaker demand for iPhones at Apple. Bob Swan also thinks that the company should be able to produce record results throughout 2019, just like in 2018. He also increased the dividend.

Colgate-Palmolive, known for its toothpaste, expects a profit drop this year, partly because of higher raw material prices. The share nevertheless went up by 1.7 percent

Starbucks has clearly found the way up. In the rapidly growing market of China comparable sales for the second consecutive quarter were on the rise. In addition, the coffee chain has done better across the board than average analysts had anticipated. Starbucks was raised 3.4 percent.

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