Stock market news today: S&P 500 on course to fall after 2 wins

US stocks pulled back Wednesday as investors navigated through the latest batch of earnings from Corporate America while watching bond yields kick higher.

The S&P 500 was on course to fall after two straight sessions of gains, with stocks feeling the weight of rising Treasury yields. Government bond yields advanced alongside those in the UK after inflation there unexpectedly held above 10% in March as food prices soared. With upside risks to inflation still on the US radar, the 2-year yield, which is sensitive to Federal Reserve policy expectations, was up five basis points at 4.24%. The yield on that note was on the way to rising for a fifth consecutive session.

Meanwhile, Morgan Stanley shares fell after the investment bank posted better-than-expected quarterly profit, but dealmaking at the firm slowed. Netflix shares were also lower after mixed results from the streaming service.

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S&P 500, Nasdaq open higher as investors digest more bank earningsU.S. stocks opened higher on Tuesday as investors digested a fresh batch of earnings, including reports from megabanks. The Dow Jones Industrial Average declined by 34 points, or 0.1%, to 33,952, as Goldman shares sold off: It's all good man. Chill. CRE -Brookfield Corp. defaulted on $161.4m mortgage - Building permits -8,8% - GS see higher risk for Credit Contraction. Buy some stocks. It's awesome. Oh end FED say Terminal must up. All good.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

S&P 500 companies deliver best start to earnings season since 2012S&P 500 companies just had their best start to an earnings season since 2012, despite fears of a credit crunch
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

SNAPSHOT S&P 500, Nasdaq open higher on earnings optimismThe S&P 500 and Nasdaq opened higher on Tuesday as an upbeat quarterly report from Bank of America boosted optimism about the earnings season amid concerns about a looming recession. Heyyyyy
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »