Apple Eye-Catcher at Opening Wall Street. The stock exchanges in New York opened on Wednesday with slight losses. The big eye-catcher is technology giant Apple, which came out with surprisingly strong quarterly figures.
Investors also process the report on the American employment of payroll processor ADP, which shows that job growth in April has weakened. On the trading floors, we also look forward to the interest rate decision that the Federal Reserve publishes later in the day.
The Dow-Jones index was 0.2 percent lower at 24.060 points shortly after the opening bell. The more broadly composed S & P weakened by 0.3 percent to 2648 points. Technology fair Nasdaq dropped 0.2 percent to 7117 points.
Apple won 2.9 percent. The company with the world’s highest stock market value, helped by tax benefits, generated sales and profit figures that exceeded the expectations of many experts.
The share of Mastercard also increased (plus 2 percent). The credit card company announced in a quarterly update that it had established new records of profit and turnover.