increases in European and Asian stock markets;  Today the core PCE index will be published in the US

Trading in Europe opened with rate increases: Dax strengthens by 0.4%, Potsy Adds 0.7% and jackdaw increases by 0.3%. Increases are also recorded in the stock exchanges of Spain, Italy, Switzerland, Portugal, Belgium, Sweden and Russia.

corporation Louis Vuitton climbing by 1.3%, Airbus weakened by 2.5% and Deutsche Bank advancing by 1.1%.

Earlier, trading in most Asian stock markets closed higher: the Nikkei index added 0.8%, the Shanghai index strengthened by 1.2%, the Shenzhen index rose by 2.2% and Kospi added 1%. In Hong Kong, the Hang Seng index is now up 2%.

08:34

The gains in trading in Asia continue: the Hang Seng index jumps by 2.5%, Kospi advances by 1.1%, the Shenzhen index adds 2% and the Shanghai index rises by 1.2%.

Bitcoin added 0.2% in the last day, and now the value of one coin is about $64,320. Ethereum weakened by 0.4% during the last day and now its value is about $3,143.

07:45

The stock markets in Asia are trading this morning (Friday) in a positive trend: index Nicky The Japanese climbs by 1.1%, index Shanghai adds 0.8% to its value, the Shenzhen index strengthens by 1.5%, Heng Seng Jumps by 2.1% and the Kospi index advances by 1.2%.

The photo company Canon jumps by 3.5%, Nikon loses 1.5% and the Samsung stock advances by 0.8%.

US index futures are trading higher this morning: Nasdaq contracts are up 1.1%, S&P 500 contracts are up 0.8% and Dow Jones contracts are up 0.1%.

Wall Street closed yesterday with falling rates. Nasdaq lost 0.7%, the Dow Jones fell by 1% and the S&P 500 by 0.5%. After the close of trading, the financial statements of Alphabet (Google), Microsoft and Intel were published.

Microsoft reported revenue of $61.9 billion, beating analysts’ forecasts of $60.8 billion. In the line of earnings per share, Microsoft reported $2.94 per share, beating early expectations of $2.82 per share. The company’s stock is climbing 4.3% in late trading.

Alphabet reported revenues of $80 billion – above analysts’ expectations, who predicted revenues of $78.59 billion. Meanwhile, the company announced that it will distribute a dividend for the first time in its history and will repurchase shares. The stock jumps about 11% in late trading.

Intel missed forecasts and presented revenues of $12.72 billion, lower than analysts’ forecasts of $12.78 billion. The company earned 18 cents per share (adjusted profit) compared to the analysts’ forecasts which amounted to a profit of 14 cents per share. There was also a reduction in the adjusted net profit from quarter to quarter: from 2.3 billion dollars in the fourth quarter to only 800 million dollars in the first quarter. Following the disappointing forecast, Intel shares are down about 8% in late trading.

Today at 15:30 Israel time the core PCE index will be published in the US, this is the rate of growth in the prices of private spending excluding food and energy. This figure will shed additional light on the timing of the interest rate cut by the Federal Reserve.

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By Editor

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