coronavirus stimulus before Election Day, though the Nasdaq rose ahead of big technology company results.
Shares of drugmaker Eli Lilly and Co fell 6.9per cent after quarterly profits took a hit from increased costs to develop a COVID-19 treatment. A trial of its antibody therapy failed to show a benefit in hospitalized patients. Meanwhile, Wall Street's fear gauge rose to its highest level since early September on election jitters.
Concerns over a rise in U.S. coronavirus cases are weighing on the market but the technology sector seems to be the least exposed, said Rick Meckler, a partner at Cherry Lane Investments in New Vernon, New Jersey.
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500, Dow slip on earnings worries, stimulus uncertaintyREUTERS: The S&P 500 and Dow fell on Tuesday, dragged down by a string of earnings disappointments and doubts about a coronavirus stimulus package ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: S&P 500, Nasdaq rise as earnings take centre stage[NEW YORK] The S&P 500 and the Nasdaq opened slightly higher on Tuesday following the benchmark index's worst day in a month as investors parsed through corporate earnings, while bracing for volatility in the run up to the presidential election. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
S&P 500 flat after Monday's selloff as focus turns to corporate earningsU.S. stock index futures edged higher on Tuesday following the benchmark S&P 500's worst day in a month as investors parsed through a deluge of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
S&P 500, Dow slip on earnings worries, stimulus uncertaintyREUTERS: The S&P 500 and Dow fell on Tuesday, dragged down by a string of earnings disappointments and doubts about a coronavirus stimulus package ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: S&P 500, Nasdaq rise as earnings take centre stage[NEW YORK] The S&P 500 and the Nasdaq opened slightly higher on Tuesday following the benchmark index's worst day in a month as investors parsed through corporate earnings, while bracing for volatility in the run up to the presidential election. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
S&P 500 flat after Monday's selloff as focus turns to corporate earningsU.S. stock index futures edged higher on Tuesday following the benchmark S&P 500's worst day in a month as investors parsed through a deluge of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »