American stock performance varies at the beginning of trading

The American stock market witnessed a variation in the performance of the main indicators at the beginning of Thursday’s trading, as it instead of the high prices of cigarette and fashion companies to retreat in and semi -conductors on the background of their last profit reports.
The S&P 500 index increased by 0.1% in morning transactions, after the gains of stock markets in most countries of Europe and Asia.

Different stock performance

At the same time, the Dow Jones Industrial Index decreased by 108 points, or 0.2%, by ten o’clock and 45 minutes in the morning of the East Coast time of the United States, while the Nasdaq complex index increased by 0.1% at the beginning of trading.

The share of the Tibstri company helped to lead the market, as it increased by 13.9%, after it announced the achievement of profits that exceed the expectations of analysts during the last quarter of last year.
The share of Philip Morris International also came at the forefront of the shares, which recorded a strong increase in morning trading after its rise by 9.1%.
The company announced the achievement of profits that exceed expectations during the last quarter of the year, and also announced cash distributions that exceed expectations as well.
On the other hand, Ford Motor Corp, the second largest car producer in the United States, fell 6.3%, despite achieving profits and revenues that exceed expectations during the last quarter.
Qualcomm shares fell to the semi -connectors and electronics by 9.4%, despite announcing a quarterly profits that exceed expectations.