Wall Street opened this Thursday in red and its main indicator, the Dow Jones of Industriales, fell 0.4%, while investors have their eyes set on the war in Iran and the quarterly results of various companies.
READ ALSO: Strait of Hormuz: fuels, inventories, distribution and other business challenges
At the opening of the New York stock market, the Dow Jones stood at 49,294 points; the selective S&P 500 it fell 0.15%, to 7,126 integers; and the technological Nasdaq It lost 0.26%, up to 24,592 units.
This morning the losses of the software company ServiceNow (-15%) stood out, after it disclosed that the conflict in the Middle East affected its subscription income in the first quarter.
The technology company IBM also fell, 11.7%, because although it disclosed solid quarterly results, it disappointed investors with its forecasts for 2026.
Meanwhile, the vehicle manufacturer Tesla, owned by magnate Elon Musk, fell 1% after disclosing yesterday that it obtained a net profit of US$477 million in the first quarter of 2026, 17% more year-on-year.
However, its revenues were slightly lower than the markets anticipated, which expected US$300 million more. For its part, American Airlines rose 4.6% after reporting record revenue of $13.9 billion in the first quarter.
YOU CAN SEE: Brent oil price rises to $99.60 amid Middle East war
The company lowered its profit forecasts for 2026 amid rising fuel prices due to the war in the Middle East and noted an increase of more than $4 billion in expenses related to higher fuel prices.
The American president, donald trumpannounced on Tuesday that it would extend the ceasefire with Iran until it presents a proposed agreement “regardless of the outcome.”
In other markets, Texas intermediate oil (WTI) rose 0.11% this morning, to $93.06 a barrel, as operators closely monitor the situation in the Strait of Hormuz.
Gold, a safe haven asset, fell 0.2%, to $4,743 per ounce; while silver lost 2.5%, to $75.97.
