NEW YORK — U.S. stocks are hanging near their records after several big banks delivered stronger profits for the summer than analysts expected, while the price of crude oil tumbled again. The S&P 500 was up 0.1% in early Tuesday trading, a day after setting an all-time high for the 46th time this year. The Dow Jones Industrial Average was down 148 points, or 0.3%, and the Nasdaq composite was up 0.2%.
Walgreens Boots Alliance jumped 5% after the drugstore chain said it plans to close about 1,200 locations over the next three years in an attempt to turnaround its struggling U.S. business. Walgreens expects to close about 500 stores this fiscal year, which it said would boost its adjusted earnings and free cash flow.
U.S. benchmark crude dropped $3.17, or 4.3%, to $70.66 per barrel. Brent crude, the international standard, slipped $3.08 to $74.38 per barrel. Besides oil, prices also have been falling for copper and other commodities that a healthy Chinese economy would normally devour. Weaker than expected data on lending and prices have undermined already fragile market sentiment that has wavered as investors await fresh details on the government plans for stimulus to help rev up the economy.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock market today: Wall Street drifts in mixed trading ahead of Fed meeting this weekNEW YORK (AP) — U.S. stocks are drifting in mixed trading, offering a break from their whipsaw moves in recent weeks. The S&P 500 slipped 0.1% early Monday. The Dow Jones Industrial Average was up 255 points, or 0.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwideNEW YORK (AP) — Wall Street is roaring toward records Thursday as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street drifts near its records as FedEx slumps and Nike sprints higherNEW YORK (AP) — Wall Street is quieter on Friday, and U.S. stocks are drifting after they leaped to records the day before during a worldwide rally.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stock market today: Wall Street wavers a day after setting record highsU.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 was down 0.2% Friday but still on track for its fifth winning week in the last six.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street closes out a record-setting week on a quiet noteNEW YORK (AP) — A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a worldwide rally the day before, even as the Dow Jones Industrial Average edged up to another record.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street hangs near its all-time highsNEW YORK (AP) — U.S. stock indexes are hanging near their all-time highs in quiet trading. The S&P 500 was up 0.1% in early trading Monday.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »