The major indexes failed to make any major moves on Tuesday despite the S&P 500 making a new all-time high. In fact, the broad index traded in a range of just 0.4% on the day.
Strong earnings from pharmaceuticals such as Merck and Pfizer initially helped lift the S&P 500 to an all-time high. However, disappointing results from Google-parent Alphabet offset some of that optimism. Investors also seemed reluctant to make any big moves before the Fed's announcement on Wednesday.Shares of food-ordering service GrubHub plummeted more than 43% on the back of
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Not as bad as 90 years ago.....
One should be wary of markets that rely so heavily on regular feeding from the interest rate tit - - -
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.
5 things to know before the stock market opens TuesdayStocks are set for a lower Tuesday open on Wall Street, after the S&P 500's Monday record, with the Nasdaq on track for biggest losses.
Source: CNBC - 🏆 12. / 72 Read more »
The wrong kind of stocks are leading the stock market to recordsInvestors are increasingly flocking to one of the safest pockets of the market — defensives. They are not wrong if you own them Smartest thing to have come out of CNBC in a long time.
Source: CNBC - 🏆 12. / 72 Read more »
Alphabet earnings reaction, housing data: 3 things to watch in Tuesday's marketsWe'll get Wall Street's reaction to Alphabet earnings, earnings from General Motors and Mastercard and a slew of economic data on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »
Here's How Not to Market Your Baby ProductsI am no expert in marketing or promotion, but it seems to me like an unwise campaign for a mother and baby product retailer is to send a bunch of random people cards congratulating them on their pregnancies without confirming the recipients are indeed pregnant. It seems even more unwise for said company to pose as a fake friend sending these people—who, again, may or may not actually be pregnant—a bunch of baby-related gift cards that aren’t really gift cards at all. But, hey, as I said, I’m not expert!
Source: Jezebel - 🏆 153. / 63 Read more »