U.S. stocks held steady Tuesday, as trading on Wall Street calmed following some sharp recent swings.
Kenvue, the company whose brands include Band-Aids and Tylenol, rose 6.4% after topping analysts’ forecasts for both profit and revenue in the latest quarter. sank 9.5% despite reporting stronger results for its latest quarter than analysts expected. Its revenue fell a bit shy of forecasts, and it expects its entertainment streaming business to soften in the current quarter.
Wall Street still considers the latter a possibility this year following some events last week that traders found encouraging. The yield on the 10-year Treasury fell to 4.45% from 4.49% late Monday. The two-year yield, which moves more closely with expectations for the Fed, slipped to 4.82% from 4.83%.
International Flavors & Fragrances, which makes ingredients used in food and perfume, gained 6.4% after reporting better profit and revenue than expected. It also said it expects its revenue for the full year to come in at the higher end of its forecasted range.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Stock market today (May 3, 2024): Wall Street climbs to trim its loss for the weekNEW YORK — U.S. stocks climbed Thursday to trim the majority of their losses for the week. The S&P 500 rose 45.81 points, or 0.9%, to 5,064.20 a day after swinging sharply when the Federal Reserve said it's likely delaying cuts to interest rates but not planning to hike them.
Bron: BusinessMirror - 🏆 19. / 59 Lees verder »
Stock market today (April 23, 2024): Asian stocks track Wall Street gains ahead of earnings reportsHONG KONG — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S.
Bron: BusinessMirror - 🏆 19. / 59 Lees verder »
Wall Street closes higher as investors digest earnings, megacap outlookU.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks.
Bron: gmanews - 🏆 11. / 68 Lees verder »
Stock market today (May 6, 2024): Asian shares track Wall Street’s advance fueled by cooler jobs dataAsian shares were mostly higher on Monday after Wall Street ended last week with the stock market's best day in over two months in a rally backed by the cooler-than-expected U.S. employment data. U.S. futures edged higher and oil prices rose.
Bron: BusinessMirror - 🏆 19. / 59 Lees verder »