Stock market news today: US stocks mixed amid corporate earnings

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Ireland News News

US stocks trade mixed as investors assess wave of earnings results from big companies

US stocks were mixed on Tuesday as investors digested earnings reports from big corporations. Stocks trended higher in the morning, boosted by, but reversed gains later in the day, with the Dow Jones Industrial Average and Nasdaq Composite ending slightly down slightly.

Though Bank of America and Johnson & Johnson beat earnings expectations, Goldman Sachs missed analysts' revenue estimates, sending its stock lower by over 1%. The bank said lost $470 million on the sale of some of its consumer loan portfolio. Investors were awaiting more earnings figures from big firms like Netflix, United Airlines and Western Alliance, which are all expected release their financials Wednesday morning.

 

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:

 /  🏆 729. in İE

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.

IBM said to need 'nearly pristine' earnings report to protect its stockFor IBM Corp., earnings need to be "nearly-pristine" when Big Blue reports after the close on Wednesday, while Wall Street focuses on free-cash flow.
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stock futures near highs of the year as earnings season eyedThe S&P 500 is in line to begin Monday near the top of the 3,800 to 4,200 range within which it has vacillated for about five months.
Source: MarketWatch - 🏆 3. / 97 Read more »

Amneal Pharmaceuticals’ stock soars 14% premarket after company offers upbeat Q1 guidanceAmneal Pharmaceuticals Inc.’s stock soared 14% in premarket trade Monday, after the generics and specialty pharmaceuticals company offered first-quarter...
Source: MarketWatch - 🏆 3. / 97 Read more »

M&T Bank stock rises on earnings beatM&T Bank Corp. stock is up about 3% on Monday after the bank’s first-quarter earnings of $4.01 a share beat the analyst target of $3.94 a share, according to...
Source: MarketWatch - 🏆 3. / 97 Read more »