Procter & Gamble shares rose gained 2.8% and United Technologies advanced 2.4%, while McDonald’s shares fell 4.6% and Travelers shares declined 8.4%.
“With a lower bar, earnings aren’t really coming in that great,” said Matthew Miskin, co-chief market strategist at John Hancock Investment Management in Boston. “They’re not going to cut it to get the market popping out of its trading range.” Boeing shares rose after United Technologies’ chief financial officer said that the company believed Boeing would make 737 MAX planes at its current rate for the rest of the year. They pared gains slightly after the New York Times reported that the company’s executive in charge of commercial airplanes was expected to leave the company. Boeing shares were last up 2.1%.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Why the S&P 500 needs Amazon to deliver on earningsThe S&P 500 can’t achieve new highs without some big help from Amazon, says our call of the day from Peter Garnry, Saxo Bank’s head of equity strategy.
Leggi di più »
S&P 500, Dow gain on upbeat earnings reports; Facebook pressures NasdaqThe S&P 500 and Dow Jones indexes rose on Tuesday, as upbeat earnings reports ea...
Leggi di più »