Alphabet, the IT giant Google's parent company, rose sharply on the New York stock exchange on Wednesday, but the index movements were moderate.
Already on Tuesday, when Alphabet presented its unexpectedly positive quarterly results after the stock exchange closed, the company's share rose in after-hours trading. Now the price continued to rise and increased by another 2.9 percent.
On the other hand, the pharmaceutical company Eli Lilly fell. The share plummeted 6.3 percent since the company reported a result that did not meet the analysts' forecasts. This included the sales of the diabetes medicine Mounjaro and Zepbound, a medicine against obesity.
The broad S&P 500 index fell 0.3 percent, the Dow Jones industrial index dropped 0.2 percent, and the Nasdaq's technology-heavy composite index lost 0.6 percent.
