(MENAFN– ecpulse)
U.S. shares closed the day in green territories a positive note as investors keep an optimistic outlook and as quarterly results keep pouring in.
U.S. investors will have a variety of company earnings to consider this week, in addition to key data such as the October jobs report and a read on third quarter gross domestic product.
In economic news today, the U.S. government will release its reports on factory orders for both August and September at 10 a.m. ET.
Kellogg and Sysco will report quarterly results before the bell Monday, while Con Edison and Hertz are among the dozens of firms reporting after the market close.
Berkshire Hathaway shares were down slightly in after hours trading Friday after the company missed analyst expectations .
European markets were rising in late day trading. London`s FTSE 100 index was up by 0.5%, led by HSBC after the global bank issued a snapshot of its latest quarterly performance. HSBC’s profit inched up by 30% in the third quarter.
Asian markets mostly closed with narrow losses.
As of 16:15 EST, Dow Jones rose by 0.11% to 15632.10 points, and NASDAQ climbed by 0.28% to 3932.92 points.
Standard and Poor’s inclined by 0.27% to reach 1766.38 points, as of 16:15 EST.
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