The New York Stock Exchange did not have a specific direction, and was characterized by a significant rise in General Motors shares, after the results were announced.
Wall Street ended Tuesday's stock market session without much sentiment, in the middle of earnings season. GM's value rose dramatically after the accounts were released.
Among the major indexes, the tech-heavy Nasdaq advanced 0.17%, while the S&P 500 corporate index lost 0.05% and the Dow Jones Industrial Average fell 0.02%.
With earnings season accelerating, automaker General Motors released its third-quarter accounts and reported revenue of about US$48.76 billion. The value exceeded expectations and as a result shares rose 9.81% to $53.73.
This is the highest value in nearly three years, since January 2022. The largest company in this sector in the United States also increased its results forecast for the total accounts for 2024.
So did Philip Morris International, a producer of tobacco and tobacco products, which released third-quarter results and raised its forecast for the annual total. The company's listed securities rose 10.84% and reached an all-time high of $131.86.
The article was updated at 8:51 p.m
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