NEW YORK, N.Y. – The latest on developments in global financial markets (all times local):
4:00 p.m.
Stocks are ending mostly lower on Wall Street as a three-week rally loses momentum.
Investors were focusing on corporate earnings reports Tuesday, which were coming in mixed.
Netflix plunged 13 per cent after reporting subscriber growth that disappointed investors. The stock had more than doubled last year.
Health care giant Johnson & Johnson rose 1.7 per cent after reporting earnings that beat analysts’ forecasts.
The Standard & Poor’s 500 index lost 3 points, or 0.1 per cent, to 2,163.
The Dow Jones industrial average edged up 25 points, or 0.1 per cent, to 18,559. The Nasdaq composite declined 19 points, or 0.4 per cent, to 5,036.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.55 per cent.
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11:45 a.m.
Stocks are slipping in midday trading on Wall Street as a three-week rally loses momentum.
Investors were focusing on corporate earnings reports Tuesday, which were coming in mixed.
Netflix plunged 14 per cent after reporting subscriber growth that disappointed investors. The stock had more than doubled last year.
Health care giant Johnson & Johnson rose 1 per cent after reporting earnings that beat analysts’ forecasts.
The Dow Jones industrial average slipped 13 points, less than 0.1 per cent, to 18,518.
The Standard & Poor’s 500 index lost 6 points, or 0.2 per cent, to 2,160. The Nasdaq composite declined 16 points, or 0.2 per cent, to 5,047.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.55 per cent.
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10 a.m.
Stocks are getting off to a weak start on Wall Street as more earnings reports roll in.
Netflix plunged 13 per cent in the first few minutes of trading Tuesday, a day after reporting subscriber growth that disappointed investors. The stock had more than doubled last year.
Health care giant Johnson & Johnson rose 1.4 per cent after reporting earnings that beat analysts’ forecasts.
The Dow Jones industrial average slipped 20 points, less than 0.1 per cent, to 18,520.
The Standard & Poor’s 500 index lost 6 points, or 0.2 per cent, to 2,160. The Nasdaq composite declined 16 points, or 0.2 per cent, to 5,047.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.57 per cent.
