Major US stock indexes rose significantly against the background of strong quarterly reports of US companies and the rise in prices of shares of technology firms.

So, General Motors showed adjusted quarterly earnings of $ 1.87 per share, which was significantly above the analysts' average forecast of $ 1.25. The automaker's revenue also exceeded forecasts, helped by higher prices in North America. And Facebook’s quarterly earnings of $ 1.76 per share exceeded the analysts ’average forecast by $ 0.32. Meanwhile, social network revenue was slightly below market expectations, as well as the number of new users. However, the latest Facebook report showed better spending than expected.

Investors also reacted positively to data from Automatic Data Processing (ADP), which showed that the growth rate of employment in the US private sector accelerated in October, contrary to experts' forecasts. According to the report, in October the number of employed increased by 227 thousand people compared with September, at the level of 218 thousand, which was revised from 230 thousand. Analysts had expected that the number of employees would increase by 189 thousand

Most of the components of DOW finished trading in positive territory (22 out of 30). The growth leader was the shares of Visa Inc. (V, + 3.87%). Walmart Inc. shares turned out to be an outsider. (WMT, -2.04%).

Almost all sectors of the S & P showed an increase. The technological sector grew the most (+ 2.5%). Only the utility sector declined (-0.7%)

At the time of closing:

Dow 25,115.76 +241.12 +0.97%

S & P 500 2,711.74 +29.11 +1.09%

Nasdaq 100 7,305.90 +144.25 +2.01%