Dow snaps 3-day winning streak as Walgreens falls on earnings

div > div.group > p:first-child"> The 30-stock Dow closed 79.29 points lower at 26,179.13. The S&P 500 ended the day just above the flatline at 2,867.24, while the Nasdaq Composite gained 0.25 percent to close at 7,848.69.

Benedict added the March jobs report — which is scheduled for release Friday morning — could be the catalyst for stocks to reach record highs."These numbers on Friday are really much more important to what's going to happen in the next move from here." The data sent Treasury yields surging on Monday, which in turn lifted bank stocks. Rates were down slightly on Tuesday, as the benchmark 10-year yield traded at 2.47 percent.

"We see a repeat as unlikely and a narrower path for a grind higher," Turnill said in a note."The global economy must remain strong enough to quell recession fears but weak enough to keep policymakers on hold, we believe."

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow dragged to a loss by Walgreens' worst day in 4 1/2 years but broader stock market edges higherU.S. stock markets closed mostly higher on Tuesday, but the Dow industrials were weighed by the worst stock slump in year for shares of Walgreens Boots... Why is Walgreens stock tumbling? It couldn't have anything to do with Mitch lying about drug costs and healthcare, could it?
Source: MarketWatch - 🏆 3. / 97 Read more »

A Different Dow Emerges Following Merger With DuPontLess than two years after Dow Chemical Co. and DuPont Co. shook up the chemical industry with a blockbuster merger valued at more than $120 billion, the combined company is in the process of breaking into three. Where’s Corning
Source: WSJ - 🏆 98. / 63 Read more »

Stocks making the biggest moves midday: Lyft, Delta, Dow, Facebook & moreThese are the stocks posting the largest moves midday Tuesday. Can we give credit where credit is due?
Source: CNBC - 🏆 12. / 72 Read more »