How major United States stock indexes fared on Thursday

Traders work on the floor of the New York Stock Exchange as Federal Reserve Chairwoman Janet Yellen speaks to the media

USA market indexes were higher on Wednesday.

Nonetheless, Wednesday's session was affected by comments from the U.S. Federal Reserve that sent interest rates higher. The Fed's announcement to hold its interest rate steady with indications for a rate hike in March helped stocks to gain and alleviated some market uncertainties.

"Armenpress" reports the value of Dow Jones up by 0.14% to 26186.71 points, S&P 500 down by 0.06% to 2821.98 points, Nasdaq down by 0.35% to 7385.86 points.

Google parent Alphabet fell 4.5 per cent after the company's quarterly profit missed analysts' estimates.

Technology companies were leading stocks broadly lower in early trading, extending the market's slide into a second day.

The Standard & Poor's 500 index rose 15 points, or 0.6 percent, to 2,837.

Some investors said a positive earnings and economic backdrop remains intact, though concerns about higher inflation and less accommodative central-bank policy have become more pronounced recently. The Nasdaq Composite closed at 7,411.48 for a gain of 9.00 points or 0.12%.

United States stocks close mixed after earnings reports
S&P 500 measures the performance of 500 widely held common stocks of large-cap USA companies. The S&P 500 jumped 1.2 percent, its biggest daily percentage gain since March 1.

One bright spot was Amazon, which rose 6.3 percent after the online retailer reported a record profit of near $2 billion due to strong sales and tax law changes.

Still, "the movement in stocks since the beginning of the year has been remarkable", she added.

Advanced Micro Devices (AMD) jumped more than 3% after reporting an across-the-board fourth-quarter beat late Tuesday. The stock, which has been the biggest gainer in the Dow over the past year, added $19.75 to $357.46. Shares in the maker of KitKat chocolate bars and Twizzlers candy fell $6.56, or 5.9 percent, to $103.77.

"A clear sign that confidence was restored by the jobs report was the fact USA 10-year Treasuries hit a four-year high immediately after it was released".

"People are starting to really get increasingly uncomfortable with the rapid rise in interest rates that we have seen and the uncertainty of how that is actually going to start to play out relative to competition for stocks", said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. Japan's Nikkei ended down 0.8% as the yen strengthened against the dollar. London's FTSE 100 fell 0.4 percent. Brent crude, used to price global oils, gained 76 cents, or 1.1 percent, to close at $69.65 per barrel in London. S&P 500 futures were ahead 0.5%.

The 2.4 percent drop in the Dow came as the Labor Department reported 200,000 jobs were added to the economy last month, which was stronger than expected, and the unemployment rate stayed at 4.1 percent - the lowest since 2000.

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