Investing.com-- The S&P 500 closed just lower Tuesday, despite cutting the bulk of losses as traders weighed rising Treasury yields and mixed slate of quarterly corporate earnings.) stock rose 10% after the auto giant reported third-quarter earnings that exceeded analyst estimates, helped by robust revenue growth and improved profitability.) stock fell 5% after the telecom giant reported mixed third-quarter results, with earnings slightly beating expectations but revenue falling short.
The IMF now expects U.S. growth of 2.8% for this year, up 0.2% from a prior forecast on expectations of that rising wages and asset prices will underpinned stronger-than-expected consumption.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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