The U.S. stockmarket took a breather on Wednesday, ending the day little changed amid slew of corporate earnings reports, and ahead of some key economic data scheduled for the end of the week.The Dow Industrial Average closed down fractionally, while the S&P 500 and tech-heavy Nasdaq ended slightly higher.Among the biggest gainers of the day was Tesla, which popped 8% after Tuesday's earnings report.
Investors are expecting big numbers from the Facebook parent, which is coming off a 'year of efficiency,' as dubbed by CEO Mark Zuckerberg, that has seen its margins improve. Last quarter, Meta posted its best sales growth in two years, and the stock has been flying — up more than 40% so far this year.
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:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market Today: S&P 500 ekes out gain on Tesla rally but spike in yields biteStock Market Today: S&P 500 ekes out gain on Tesla rally but spike in yields bite
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Rally Looks to Continue and All Eyes on MetaFacebook, Instagram and WhatsApp parent Meta Platforms is the first of the Big Tech companies to report earnings this week.
Source: Newsweek - 🏆 468. / 52 Read more »
Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in TokyoAsian shares have tracked Wall Street's rally, led by a 2.4% advance for Tokyo's benchmark Nikkei 225 index.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in TokyoAsian shares have tracked Wall Street's rally, led by a 2.4% advance for Tokyo's benchmark Nikkei 225 index.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in TokyoAsian shares have tracked Wall Street's rally, led by a 2.4% advance for Tokyo's benchmark Nikkei 225 index. U.S. futures rose while oil prices also edged higher. Technology-related shares led the regional climb. On Tuesday, the S&P 500 jumped 1.2% and the Dow Jones Industrial Average climbed 0.7%, and the Nasdaq composite rose 1.6%.
Source: AP - 🏆 728. / 51 Read more »
Stock Market Today: Broad Rally Kicks Off Busy Earnings WeekStocks closed higher on Monday ahead of a slew of corporate earnings that investors hope will ignite a market rally.
Source: Newsweek - 🏆 468. / 52 Read more »