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10/19/2018, 10:01 PM (Source: TeleTrader)
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Wall Street ends mixed; P&G, PayPal surge

United States stock markets closed the session on Friday mixed, with as better-than-expected earning reports pushing shares of Procter & Gamble, American Express and PayPal higher. Schlumberger posted a rise of 18% in earnings per share for its third quarter. Meanwhile, Federal Reserve of Atlanta's head Raphael Bostic said that the case of vanishing journalist Jamal Khashoggi could pose a risk for the economic outlook. National Association of Realtors reported that existing home sales in the US fell to the lowest level since November 2015.

The Dow Jones Industrial Average index was the only one to finish in the green, adding 0.25%. P&G led the gains, jumping 8.80%, while AmEx followed second, increasing by 3.78%.

The Nasdaq 100 slid 0.12%, while the S&P ended the session flat. PayPal soared 9.42% at the closing bell. Meanwhile, eBay's shares plunged 8.87%, as the worst performer on the tech-heavy index. On the S&P 500, Advanced Micro Devices fell 11.12%, worse than any other component.

The euro was up 0.49% against the dollar at 10:02 pm CET, selling for $1.15087.

Breaking the News / NI