Dow is higher. S&P and NASDAQ near unchanged at the U.S. open, but off overnight lows.<p>The Dow industrial average is opening higher, while the S&P and NASDAQ are trading near unchanged levels but off there lowest premarket levels. </p><p>Apple reported record earnings after the close yesterday. It's shares are trading up 3.13% in early trading. </p><p>Amazon disappointed and lowered guidance for the next quarter. It's shares are down -9.8% and trading around the $100 level in early trading. However those declines are well off of the post earnings levels seen after the close yesterday. </p><p>Intel (surprise surprise) is leading the Dow 30 with a gain of close to 7% (of course Intel stock has been hammered in 2022). </p><p>Apple, Chevron, and Boeing shares are also higher. Chevron reported higher earnings and revenues for the current quarter as a took advantage of the higher price for oil.</p><p>A snapshot of the market 4 minutes into the opening is showing more favorable price moves:</p><ul><li>Dow industrial average is up 285 points or 0.89% at 32327. Yesterday the index rose about 194 points.</li><li>S&P index is trading up 18.57 points or 0.48% at 3826. Yesterday the index fell around -23 points</li><li>NASDAQ index is up 48.24 points or 0.43% at 10840. Yesterday the index fell -78 points</li><li>Russell 2000 is trading up 8.7 points or 0.48% at 1815.02</li></ul>
This article was written by Greg Michalowski at forexlive.com.
Source: Dow is higher. S&P and NASDAQ near unchanged at the U.S. open, but off overnight lows. (https://forexlive.com/news/dow-up-is-higher-sp-and-nasdaq-near-unchanged-at-the-us-open-20221028/https://forexlive.com/news/dow-up-is-higher-sp-and-nasdaq-near-unchanged-at-the-us-open-20221028/)
forexlive.com