Stocks open little changed as traders weigh earnings, consumer data

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Stocks opened along the flatline as Wall Street digested the release of disappointing consumer data and strong earnings to end the week.

Core retail sales, which exclude autos, gas, building materials and food services, were unchanged last month, the Commerce Department said. The department added clothing-store sales had their biggest one-month decline since 2009.

Concerns over the weak data were partially offset as Nvidia led a number of companies in reporting better-than-expected earnings.Kena Betancur | Getty Images More than 77% of S&P 500 companies have reported earnings thus far, with roughly 72% of them beating analyst expectations, FactSet data shows.

 

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:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks open lower on Wall Street as virus cases spikeU.S. stocks fell in early trading Thursday as China reported a spike in cases of the new virus that is threatening to crimp economic growth and hurt businesses worldwide A planted virus to hurt our economy....how many democrats were in on this?
Source: ABC - 🏆 471. / 51 Read more »

PepsiCo earnings top Wall Street estimatesPepsiCo reported earnings before the bell Thursday. It’s all these political rallies!
Source: CNBC - 🏆 12. / 72 Read more »