US stocks slipped on Tuesday as investors weighed early reports on a marquee earnings day, with Big Tech results in focus. The benchmark S&P 500 and Dow Jones Industrial Average dropped about 0.2% and 0.1%, respectively, with the tech-heavy Nasdaq Composite finishing the session just below the flatline. Markets have been digesting a rotation away from the megacaps that have fueled this year's rally.
The wait is on for Alphabet and Tesla results due after the bell, with the market watching for signs of continuing growth from the first pair of the "Magnificent Seven" behemoths. Earlier in the trading session, investors assessed earnings from General Motors and Coca-Cola with shares closing down about 6% for GM while Coca-Cola finished the day flat.
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.
The Daily Chase: Tesla, Alphabet after the bell highlight big day for earningsHere are five things you need to know this morning.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Expert says ‘a lot of updates’ needed from Tesla and Alphabet as earnings nearAs investors brace for earning reports from two of the “Magnificent Seven” tech giants -- Tesla and Alphabet -- one Wall Street expert says questions need to be answered about both companies’ priorities amidst the changing landscape of artificial intelligence.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Stocks waiver, investors eye Tesla and Alphabet earnings: Yahoo FinanceUS Equities (^GSPC, ^DJI, ^IXIC) fell heading into the afternoon after briefly posting gains on Tuesday morning. Markets are wobbly after a slew of big...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Tesla, Alphabet to report Q2 earnings: What investors expectTesla (TSLA) and Alphabet (GOOG, GOOGL) are scheduled to release their second quarter earnings reports after the market close on Tuesday. Yahoo Finance...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Morning Bid: Tesla, Alphabet earnings take centre stageMarkets mostly took Joe Biden's withdrawal from the U.S. presidential race in their stride, flicking the switch from politics back to focus on earnings and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »