FILE - The “Fearless Girl” statue stands in front of the New York Stock Exchange in New York, March 19, 2024. The S&P 500 was up 1.1% in afternoon trading to pull further out of the hole created by a six-day losing streak. The Dow Jones Industrial Average was up 240 points, or 0.6%, as of 12:24 p.m. Eastern time, and the Nasdaq composite was 1.5% higher.
A flood of earnings reports was also dictating much of trading. Danaher was one of the strongest forces lifting the S&P 500 after it reported stronger profit for the first quarter than analysts expected. It rose 7.2% after citing strength in its bioprocessing and molecular diagnostics businesses. Sherwin Williams sank 2% after it likewise missed expectations, in part because of weaker paint sales for new homes amid the industry’s challenges with high mortgage rates.
With skeptics still calling the broad stock market too expensive, criticism would ease either if companies produce higher profits or if interest rates fall. The latter has been looking less likely.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
Fuente: ksatnews - 🏆 442. / 53 Leer más »
Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »
Stock market today: Asian shares trading mixed after Wall Street’s momentum coolsAsian shares were mixed in muted trading, as buying in some markets was soon erased by profit-taking. Japan’s benchmark Nikkei 225 finished little changed Tuesday. Shares fell in Sydney, but rose in South Korea and China. Wall Street edged back further from its record heights reached last week. The S&P 500 slipped 0.
Fuente: AP - 🏆 728. / 51 Leer más »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul Monday. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Fuente: AP - 🏆 728. / 51 Leer más »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »