Stock market news today: Wall Street digests slew of earnings results

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

What You Need To Know About Markets And The Economy

US stocks were trading mixed on Friday but still largely flat as investors digested more corporate earnings results.

The S&P 500 and Dow Jones Industrial Average are headed for their worst trading week since March. The Nasdaq Composite is expected to close the week in the red as well. Over 75% of S&P 500 companies that have reported so far have beat analysts' earnings estimates, per FactSet. Procter & Gamble posted upbeat results on Friday and raised its sales outlook.

Wall Street is also turning attention to next week's release of quarterly results from mega-cap techs like Alphabet and Amazon.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines