Disappointing earnings from companies including First Republic Bank and United Parcel Service helped interrupt a weekslong stretch of market calm on Tuesday, with stocks falling asThe S&P 500 fell 1.
6%, and the Dow Jones Industrial Average fell around 345 points, or 1%, marking the largest single-day declines for both indexes since March 22. The tech-heavy Nasdaq Composite dropped 2%, its biggest decline since March 9.
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Stocks making the biggest moves midday: Fox, Albemarle, First Republic and moreFox's Class A and B shares were each down almost 4% on news that host Tucker Carlson has left the network, days after Fox News settled its defamation lawsuit.
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Stocks making the biggest moves premarket: Novartis, First Republic, 3M and more3M said it would cut about 6,000 positions to focus on high-growth markets, such as automotive electrification and home improvement.
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U.S. stocks open lower as investors digest First Republic earnings, wait for Big Tech resultsU.S. stocks opened lower Tuesday as investors weigh First Republic Bank’s quarterly results and wait for Big Tech earnings to be released after the market’s...
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Stocks making the biggest moves midday: First Republic Bank, PepsiCo, Fiserv and moreThese are the stocks posting the largest moves in midday trading.
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