Apr 18, 2024 (MENAFN via COMTEX) --
(MENAFN - Baystreet) S&P Rises, Trying to Break 3-Day Slump
S&P Looks to Break 3-Day Losing Streak
S&P Lower on Message from Powell
Dow Lifted into Green
Dow Fights to End 6-Day Skid Subscribe to Get Small Cap News & Alerts Glenn Wilkins - Wednesday, April 17, 2024
S&P Faces 4th Losing Session Advertisment
The S&P 500 slipped on Wednesday, as the benchmark flirted with an extension of its losing streak while the corporate earnings season ramped up.
The Dow Jones Industrials dumped 118.19 points to 37,680.78.
The much-broader index recovered 24.93 points to 5,026.48.
The
NASDAQ sank 132.1 points to 15,733.09.
United Airlines climbed more than 13% after posting a narrower-than-expected loss and beating on revenue. J.B. Hunt Transport Services fell more than 7% after missing analysts' expectations on the top and bottom lines.
The new earnings season is off to a promising start. While less than 10% of S&P 500-listed companies have reported financials so far, more than three out of every four have surpassed Wall Street expectations.
The new earnings season is off to a promising start. While less than 10% of S&P 500-listed companies have reported financials so far, more than three out of every four have surpassed Wall Street expectations.
Prices for the 10-year Treasury gained ground, dropping yields to 4.61% from Tuesday's 4.66%. Treasury prices and yields move in opposite directions.
Oil prices let go of $2.01 to $83.35 U.S. a barrel.
Gold prices lost $8.80, to $2,399.00 U.S. an ounce.
About Us Contact Us Advertise License Our Content Jobs Disclaimer Privacy Policy
Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks
MENAFN17042024000212011056ID1108107749
COMTEX_451016184/2604/2024-04-18T01:36:18
