Wall Street opens flat after mixed earnings from industrials
- U.S. stocks pulled back slightly on Wednesday after a record-setting rally in the prior session, as investors digested a batch of mixed earnings reports.
“Thus far you’ve had pretty strong reactions to earnings and investor sentiment is nervously positive,” said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. Caterpillar Inc fell 3.2%. The company topped analysts’ estimates for quarterly profit but posted a 4% decline in construction revenue in Asia-Pacific, one of its key markets dominated by China.
The healthcare sector fell 0.4% and weighed the most on the markets amid ongoing concerns of tighter regulations.AT&T Inc shares declined 3% after the second-largest U.S. wireless carrier reported quarterly revenue below Wall Street estimates.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Wall Street slides, dragged down by healthcarePlunging healthcare stocks dragged Wall Street lower on Wednesday, offsetting a ...
Lire la suite »
AT&T misses quarterly revenue estimatesAT&T Inc missed Wall Street estimates for quarterly revenue on Wednesday, hit by...
Lire la suite »
Anthem beats earnings estimates, raises 2019 profit forecastAnthem Inc's first-quarter profit beat Wall Street estimates on Wednesday a...
Lire la suite »
Wall Street calls Tesla's autonomous plan 'half-baked,' doubts it can beat Lyft, Nvidia and GoogleTesla CEO Elon Musk touted robotaxis by 2020 on Tesla Autonomy Investor Day, and Wall Street's reaction? Not impressed.
Lire la suite »
Oil and sanctions; Tesla's robo-taxis; IPO brewCNN's davebriggstv has today's top business headlines before the opening bell on Wall Street
Lire la suite »
Snap's 110% moonshot this year still isn't enough to get Wall Street rooting for itSnapchat parent company Snap is scheduled to report first-quarter earnings after the bell on Tuesday.
Lire la suite »
Lockheed Martin shares jump 4% as earnings beat Wall Street expectationsLockheed Martin delivered first-quarter earnings on Tuesday that were far above what Wall Street anticipated.
Lire la suite »
Wall Street opens higher as technology shares gainU.S. stocks opened higher on Tuesday, led by gains in technology stocks and upbe...
Lire la suite »
Boeing faces Wall Street in likely ‘lost year’ of financial fallout from 737 crisis
Lire la suite »
Major Wall Street analysts are all bulled up on Lyft, but investors don't seem to careLyft shares swung between gains and losses on Tuesday after 10 Wall Street analysts initiated coverage of the recently public ride-hailing company.
Lire la suite »
Stocks in Asia set to gain following Wall Street record closing highStocks in Asia were set to gain at the open on Wednesday after the S&P 500 and Nasdaq Composite closed in record high territory overnight on Wall Street.
Lire la suite »