Wall Street starts with a profit

new york (afn) - The stock exchanges in New York started on Friday with a profit on the last trading day of a very eventful week.

On Thursday, the prices on Wall Street went down sharply. Investors respond, inter alia, to the agreement on the budget for the US federal government. Furthermore, there is little directional news.

The Dow-Jones index scored 1 percent higher on 24. 103 points shortly after opening. This week, the Dow lost 5.5 percent. The broad S \u0026 P 500 rose 1.1 percent to 2608 points. The S \u0026 P yielded 5.6 percent this week. The technology exchange Nasdaq climbed 1.2 percent to 6859 points. The weekly loss for the Nasdaq is 5.3 percent.

The US Congress approved a new budget with some delay. The delay led to a partial closure of government agencies. President Donald Trump set up a prescription.

As a result, the duration of the shutdown is limited this time. The budget provides hundreds of billions of new spending for the next two years. This money is for the army and domestic expenses, among other things.

Qualcomm won 0.4 percent. The chip company also rejected an increased bid from Broadcom's $ 121 billion counterpart. Earlier, a proposal worth $ 105 billion was already referred to the trash without any pardon.

Broadcom wants to talk this weekend with his colleague. The management of Qualcomm is prepared to enter into the conversation, but the question is whether the meeting will take place in the coming days. Broadcom rose 0.9 percent.