Daily Report 03.11.2021
Објавено: 03. 11. 2021

Wall Street Rides Bullish Earnings to Record Highs; European markets close mixed as investors gear up for Fed meeting; BP shares fall 3% 
The major averages closed at fresh record highs Tuesday, as investors digested mostly bullish quarterly results just as the Federal Reserve kicks off its two-day meeting. 
The S&P 500 rose 0.37% at a closing record of 4,630.65. The Dow Jones Industrial Average was up 0.39%, or 138.79 points to close at a record of 36,052.63. The Nasdaq climbed 0.34% to a closing record of 15,649.60. 
Pfizer shares rose 4.1% after the drug maker’s third-quarter profit topped expectations. It also raised its 2021 revenue and EPS outlook. 
Under Armour shares soared 16.4% after the athletic retailer hiked its annual outlook, revealing the company is seeing progress in improving its brand image under CEO Patrik Frisk. 
DuPont de Nemours rallied 8.7% after beating on the top and bottom lines of its quarterly results and Estee Lauder popped 4.1% on earnings and revenue that exceeded expectations. 


The pan-European Stoxx 600 closed up by 0.11%, with mining stocks shedding 2.8% to lead losses while health care stocks added 1.2%. 
Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging energy prices. 
The British energy major posted an underlying replacement cost profit, a proxy for net profit, of $3.3 billion for the third quarter, above analyst estimates of $3.1 billion, according to Refinitiv. BP shares fell 3.4%. 
HelloFresh shares surged more than 17% after the German meal kit delivery firm beat profit expectations and increased its sales outlook, while announcing plans to launch in more international locations by mid-2022. The company also vowed to invest “hundreds of millions” into automation technology in the coming years as it looks to meet ever-growing demand. 
Source: CNBC, Investing.com