U.S. stock indexes tread water at the start of trading Wednesday, with investors finding few reasons to take benchmarks further into record territory, amid a round of earnings from U.S. corporations. The Dow Jones Industrial Average DJIA, -0.04% edged 17 points, or less than 0.1%, lower at 27,316, the S&P 500 index retreated less than 0.1% at 3,003, while the Nasdaq Composite Index COMP, +0.06% inched less than 0.1% lower at 8,224. Bank of America BAC, +1.
14% reported better-than-expected results, with earnings per share for the quarter at 74 cents, compared with estimates for 71 cents. But expectations for lower profits, in an environment of falling interest rates, have put some pressure on shares of the second-largest bank by assets. Meanwhile, shares of CSX Corp. CSX, -8.77% were down after the rail company cut its full-year sales projections, citing economic uncertainty and a recent shutdown of a major oil refinery it served.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Dow, Nasdaq end at records as Citigroup results mark start of earnings seasonU.S. stocks ended slightly higher on Monday as investors saw results from Citigroup kicking off the unofficial start of earnings season for the...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
What to watch today: Banking earnings, EU's Amazon probe, and Elon Musk's brain computerU.S. stock futures point to a slightly higher Wall Street open, following the first loss in five sessions for the Dow and six sessions for the S&P 500.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Stocks pull back from record levels as earnings season picks up steamStocks got off to a slightly lower start Tuesday as investors digested a stream of earnings reports, including results from Dow components Johnson &...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
The market is nearing a milestone that could be more important than Dow 27,000, S&P 500 3000If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market, Michael Santoli notes. And 8000 in Nas 100 That tax cut trump gave 1% and blew up the deficit really helped companies buy back stock. The stock market doesn’t show a strong economy. Most Americans aren’t even in the stock market. We are headed to another recession
Källa: CNBC - 🏆 12. / 72 Läs mer »