Wall Street closes in green

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The Dow Jones closes 1.4 percent higher. The Nasdaq sets a new final record.

De Dow Jones

closed 1.4 percent higher on 27,201 points on Wednesday. The Nasdaq Composite

won half a percent to finish at 10,998 points.

Disney

was the star with a jump of 9 percent. Although Disney took a loss of $ 3.5 billion in the second quarter – the corona crisis kept the theme parks closed – the quarterly report was still better than expected. In addition, the Disney + streaming service impressed with 60.5 million paying subscribers. The streaming giant Netflix

reacted nervously and ended up 1.5 percent in the red.

Johnson & Johnson

has snapped a $ 1 billion deal with the US government to supply 100 million doses of its candidate vaccine against Covid-19. The US also has an option for 200 million additional doses. Janssen Pharmaceutica’s parent company rose 0.8 percent.

The game maker Activision Blizzard

announced much better than expected results on Tuesday after the market. The Santa Monica company earned 97 cents per share on a revenue of $ 2.08 billion. Analysts thought about 68 cents profit and $ 1.7 billion in sales. Activision took advantage of the lockdowns. Those who stayed at home played en masse from the Activision franchise, such as Call of Duty and World of Warcraft. The main growth engine was the new game Call of Duty: Warzone.

For the current third quarter, the group assumes $ 3.05 per share earnings, again above analyst expectations ($ 2.79).

Striking: despite those figures, the share fell by 2.5 percent. On Tuesday, the stock had hit a record high of $ 87.04. Investors seem to reason time to take a profit.

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