While estimates for first-quarter S&P 500 earnings have narrowed to a 3.9% decline from expectations for a 5.1% decline at the start of April, according to data gathered by Refinitiv, some of the biggest companies have yet to report results.were down 1% and Microsoft slipped 1.8% ahead of their results due after the market close.
Three-month Treasury yields jumped while longer-duration yields fell as investors balanced worries about the U.S. debt ceiling with rising concerns about the regional banking sector and the possibility of an imminent recession. Declining issues outnumbered advancers on the NYSE by a 4.78-to-1 ratio; on Nasdaq, a 3.39-to-1 ratio favored decliners.
The S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 33 new highs and 324 new lows.Reporting by Sruthi Shankar in Bengaluru Editing by Vinay Dwivedi
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Wall St falls on mixed earnings, First Republic sinks to all-time lowUS stocks fell on Tuesday after a mixed batch of earnings reports.
Leggi di più »