Stocks struggle for altitude as investors parse Boeing, Caterpillar earnings

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Stocks are now lower across the board as earnings fail to rouse investors

U.S. stocks traded mixed Wednesday morning, a day after the S&P 500 and Nasdaq carved out their first records in months, completing a rebound from an ugly decline in the last three months of 2018.

What’s driving the market? Corporate quarterly results remain a central focus for Wall Street midweek. More than a fifth of the S&P 500 constituents have reported results, with nearly 80% of those companies producing earnings results that topped analysts consensus estimates, compared with about 65% in the fourth quarter, according to data from Refinitiv.

Against the backdrop of earnings, the record climb for markets Tuesday, however, failed to provide a significant catalyst for Asian markets, market participants point out, with that being viewed as a signal that some caution about the recent ascent remains. The offer comes after Chevron Corp. CVX, -1.90% had announced an agreement to buy Anadarko that would have valued the company at $65 per share.

 

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:

 /  🏆 3. in BUSİNESS

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.

Stocks making the biggest moves premarket: Boeing, Anadarko Petroleum, Caterpillar, AT&T & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Dow futures stage cautious rise ahead of Boeing, Caterpillar earningsStocks on Wednesday are set to trade flat to slightly higher, a day after the S&P 500 and Nasdaq carved out their first records in months, underscoring a rebound for stocks since an ugly decline in the last three months of 2018.
Source: MarketWatch - 🏆 3. / 97 Read more »

Health-care stocks are down in early Wednesday trade, led by Anthem, Cigna and UnitedHealthHealth-care stocks continued to fall on Wednesday morning, led by Anthem Inc. , Cigna Corp. and UnitedHealth Group Inc. The Health Care Select Sector SPDR... o no Marketwatch!!!!~ You have been telling me this bull market would go forever!!! the market can not go down!!! Call federalreserve trading desk and tell them to do the usual daily pump up!!!!
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves premarket: Bed Beth & Beyond, Tesla, Boeing, Amazon & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Kimberly-Clark, Boeing, Tesla & moreThese are the stocks posting the largest moves midday Monday.
Source: CNBC - 🏆 12. / 72 Read more »

Dow transports soar to buck broader stock market slump, led by CSX and United ContinentalThe Dow Jones Transportation Average soared 120 points, or 1.1%, in midday trade, as better-than-expected earnings reports helped the transportation sector...
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall Street opens higher as technology shares gainU.S. stocks opened higher on Tuesday, led by gains in technology stocks and upbe...
Source: Reuters - 🏆 2. / 97 Read more »

Stocks making the biggest moves midday: Qualcomm, Morgan Stanley, CSX & moreThese are the stocks posting the largest moves midday Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street slides, dragged down by healthcarePlunging healthcare stocks dragged Wall Street lower on Wednesday, offsetting a ... Can we just send all our sick to Canada since healthcare is free there? Health care should not be on the stock market
Source: Reuters - 🏆 2. / 97 Read more »

Wall Street slips, weighed down by healthcare plungeU.S. stocks ended slightly lower on Wednesday as a drop in healthcare shares ove... While there is ensemble of research base of chips, hardly 4-5 mainstream domain specific acceleration chips Like no AI os still
Source: Reuters - 🏆 2. / 97 Read more »