Stock market today (July 24, 2024): A torrent of profit reports leaves Wall Street mixed as small stocks keep rising

NEW YORK — U.S. stocks held relatively steady in a calm Tuesday on Wall Street, as earnings reporting season ramped up for big companies.

UPS was one of the heaviest weights on the S&P 500 and tumbled 12.1% after delivering weaker profit and revenue for the spring than analysts expected. was the stock most forcefully pushing downward on the S&P 500. Its loss of 0.8% for the day was relatively modest, but the S&P 500 gives more weight to bigger stocks, and Nvidia is worth more than $3 trillion.

Zions Bancorp. jumped 6.2% after reporting better profit for the latest quarter than expected. It and stocks of other regional banks continue to recover from the industry’s mini- meant to get inflation under control. It climbed 6.9% after delivering stronger profit for the latest quarter than expected. It said it’s seeing growth in demand for paint from new residential customers, and it expects the momentum to continue through the year. by even more in June than economists expected.

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.

Stocks, peso sustain gains on positive cues from Wall StreetDefining the News
مصدر: MlaStandard - 🏆 20. / 55 اقرأ أكثر »

Philippine stocks mirror Wall Street gainsThe stock market climbed its way back above the 6,500 level as it mirrored gains in the US market.
مصدر: PhilstarNews - 🏆 1. / 94 اقرأ أكثر »

Wall Street gains fuel peso, stocks reboundTHE peso and the stock market posted a rebound on Wednesday following a two-day decline as sentiment rose on hopes that the US Federal Reserve (Fed) could cut interest rates more than once this year.
مصدر: TheManilaTimes - 🏆 2. / 92 اقرأ أكثر »

Stock market today (July 18, 2024): Big tech stocks dive again to halt Wall Street's record-setting rallyWall Street’s record-breaking rally ran into a wall Wednesday, as worries about potentially worsening trade tensions with China hit stocks of chip companies. That dragged indexes to their worst day in months, but conditions may have been less discouraging underneath the surface. The S&P 500 slumped 1.
مصدر: BusinessMirror - 🏆 19. / 59 اقرأ أكثر »