NEW YORK — Stocks are opening slightly lower on Wall Street as earnings reporting season ramps up for big U.S. companies. The S&P 500 edged down 0.1% in early Tuesday. The Dow Jones Industrial Average slipped 69 points, or 0.2%, and the Nasdaq composite was down 0.2%. Dozens of companies in the S&P 500 are reporting their results for the spring, with a couple highly influential Big Tech companies coming after trading ends for the day: Google’s parent company Alphabet and Tesla.
General Motors beat analysts sales and profit targets, sending its shares 2.5% higher before the bell. Coca-Cola Co. rose 1.5% after the beverage giant beat Wall Street forecasts and raised its full-year sales outlook. China's central bank cut two key interest rates by 10 basis points on Monday, moving to ease credit and pep up the economy, following a major policymaking meeting of the ruling Communist Party that focused on longer-term reforms.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares lower after Wall Street closes another winning weekHONG KONG (AP) — Asian shares were mostly lower Monday after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia ’s stock...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street opens slightly lower; CrowdStrike sinks after tech outageNEW YORK (AP) — Wall Street is relatively quiet even as businesses around the world scramble to contain the effects of a disruptive technology outage. The S&P 500 slipped 0.1% early Friday, a day after a wipeout dragged much of the market lower.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: A washout on Wall Street sends stocks, big to small, lowerNEW YORK (AP) — A widespread washout for U.S. stocks dragged Wall Street lower on Thursday. The S&P 500 dropped 0.8% to pull further from its all-time high set on Tuesday. The Dow Jones Industrial Average tumbled 533 points, or 1.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Trade worries hit technology stocks, pulling Wall Street lowerNEW YORK (AP) — Wall Street’s record-setting rally ran into a wall as worries about worsening trade tensions with China slammed some of the market’s biggest winners of the year. The S&P 500 was 0.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Trade worries hit technology stocks, pulling Wall Street lowerNEW YORK (AP) — Wall Street’s record-setting rally ran into a wall as worries about worsening trade tensions with China slammed some of the market’s biggest winners of the year. The S&P 500 was 0.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street hits records as a slowing economy boosts hopes for lower ratesNEW YORK (AP) — Wall Street’s record-breaking rally kept going after weak reports on the economy kept the door open for possible cuts to interest rates. The S&P 500 rose 0.5% Wednesday to set an all-time high for the 33rd time this year.
Source: SooToday - 🏆 8. / 85 Read more »