US: Stocks steady amid earnings deluge

[NEW YORK] Wall Street stocks were little changed early Tuesday as markets digested a deluge of earnings reports and looked forward to key consumer confidence data and a Federal Reserve policy announcement.

Big companies from across the economy updated investors with fourth-quarter results, with General Electric and 3M among those that projected higher 2021 sales amid an expected improvement in the economy as coronavirus vaccines become more widespread. The IMF projected global growth of 5.5 per cent in 2021, but cautioned of"extraordinary uncertainty" as the world contends with Covid-19.The broad-based S&P 500 added 0.1 per cent at 3,858.94, while the tech-rich Nasdaq Composite Index slipped 0.1 per cent to 13,618.13. The S&P 500 and Nasdaq each ended at records Monday.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Stocks gain, US short-dated debts under pressure after bumper US jobs dataGlobal stock prices rose to a 1 1/2-month high on Monday after data showing a surge in U.S. employment while short-dated U.S. bonds came under ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Stocks open higher, extending rally[NEW YORK] Wall Street stocks rose early Monday, extending last week's rally on optimism about additional US stimulus spending and coronavirus vaccines. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »