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A person stands in front of an electronic stock board showing Japan's Nikkei index at a securities firm Tuesday, Oct. 22, 2024, in Tokyo. On Wall Street, the S&P 500 slipped 0.2% to 5,853.98, coming off a sixth straight winning week, its longest such streak of the year. The Dow Jones Industrial Average dropped 0.8% from its own record that was likewise set on Friday, to 42,931.60. The Nasdaq composite rose 0.3% to 18,540.00.
That puts pressure on companies to deliver growth in profits to justify their stock prices, and more than 100 companies in the S&P 500 are scheduled to give details this week about their performances during the summer. That includes such heavyweights as AT&T, Coca-Cola, IBM, General Motors and Tesla.Boeing is reporting its latest results on Wednesday. It rose 3.1% after reaching an agreement with the union representing its striking machinists on a.
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