U.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 Alliance Inc. WBA, -12.81% Market moves were modest in either direction a day after investors kicked off the start of the second quarter with a sharp rally on the back of stabilizing manufacturing reports in China and the U.S.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Why is Walgreens stock tumbling? It couldn't have anything to do with Mitch lying about drug costs and healthcare, could it?
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.
Dow snaps 3-day winning streak as Walgreens falls on earningsIt was a mixed day for markets as the Dow fell for the first time in 4 days and the S&P 500 closed just above the flatline. A sharp decline in Walgreens Boots Alliance kept the market in check after the company reported weaker-than-expected earnings.
Source: CNBC - 🏆 12. / 72 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 »
S&P 500, Nasdaq snaps 2-session skid but 10-year Treasury yield near 2017 low keeps stock market in checkU.S. stock benchmarks on Tuesday gained but finished well off their best levels of the session as equity-market investors wrestled with falling yields that...
Source: MarketWatch - 🏆 3. / 97 Read more »