The pillars pointed upwards when the New York Stock Exchange closed for the week. The broad S&P 500 index rose 0.6 percent and thus reached a new record level for the second time the same week. The Dow Jones industrial index increased 1.0 percent and the technology-heavy Nasdaq composite index rose 0.3 percent.
Among the winners were several major banks. The share in Wells Fargo, which on Friday reported higher profits than expected for the previous quarter, rose 5.6 percent. Competitor JP Morgan Chase, the USA's largest bank, rose 4.4 percent. The bank's profit did indeed decrease during the previous three-month period, but the decline was less than analysts had feared.
On the other hand, Tesla's share plummeted 8.8 percent. The electric car giant presented its long-awaited self-driving robot taxi, but the company was met with criticism for unclearness regarding the planned launch.
Counting the entire week, the S&P 500 rose 1.1 percent, the Dow Jones 1.2 percent, and the Nasdaq equally much.
