Stock Market Today: Dow ends lower on drag from Google, Boeing; yields resume rise

Investing.com -- The Dow fell Wednesday, pressured by rising Treasury yields and Alphabet-led weakness in tech following disappointing quarterly results in its cloud business.

Some tech bulls, however, said the selloff was overdone as its cloud makes up about only 11% of revenue. Azure reported growth of 28%, a a 1-point acceleration from 27% in fourth quarter and was “the star of the show,” UBS said, beating analyst expectations of 26%. Ongoing strength of the economy, which threatens to fuel inflation has been highlighted as a key concern by Federal Reserve chairman Jerome Powell that could force the Fed to lift rates again.) fell more than 2% after the aircraft maker reported a wider than expected loss and cut its annual guidance on 737 Max deliveries amid a manufacturing problem with the aircraft.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock Market Today: Dow, S&P 500 Open Lower; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »

Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »

Stock Market Today: Dow Futures Rise; Bitcoin JumpsEarnings seasons heats up again, with Microsoft and Google parent Alphabet among the companies reporting
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »

Stock Market Today: Stocks mixed as Microsoft lifts Dow, Treasury yields mute gainsA mixed set of big tech earnings, alongside modestly higher Treasury yields, has stocks set for an uncertain open on Wednesday.
مصدر: startelegram - 🏆 248. / 63 اقرأ أكثر »

Stock Market Today: Dow closes higher amid better-than-expected corporate earningsStock Market Today: Dow closes higher amid better-than-expected corporate earnings
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%. Benchmarks rose in Tokyo, Sydney, Seoul, Shanghai and Taiwan, but fell in Hong Kong. U.S. futures and oil prices rose.
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »