US stocks dip on mixed earnings, growth worries | Malay Mail

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NEW YORK, Aug 3 — Wall Street stocks edged lower early today as markets weighed mixed corporate earnings against global growth worries in light of the latest Covid-19 infections. Among those reporting results, sports apparel company Under Armour jumped after topping expectations, while Clorox...

NEW YORK, Aug 3 — Wall Street stocks edged lower early today as markets weighed mixed corporate earnings against global growth worries in light of the latest Covid-19 infections.

Strong earnings in the second quarter have helped keep stocks near records, even as the United States and other major economies contend with the Delta variant of Covid-19. Among individual companies, Activision Blizzard dropped 3.2 per cent as the video game maker unveiled a management shakeup following employee protests and a California state lawsuit alleging toxic workplace conditions and discrimination against women.

 

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