Mixed earnings and price cuts weigh on stock market.
TL;DR Summary
The stock market was slightly lower at midday on Wednesday, with investors focusing on earnings reports from major companies such as Netflix and Morgan Stanley. Nasdaq 100 stock Intuitive Surgical soared after beating earnings expectations, while payment processing firm Shift4 plunged, hurting the IBD 50 index. The 10-year Treasury yield rose to 3.63%. After the market close, IBM, Lam Research, and Steel Dynamics are among the notable companies reporting earnings.
- Stock Market Trims Losses At Midday; Tesla Falls After Another Price Cut Investor's Business Daily
- Stocks muted as investors weigh earnings, Beige Book: Stock market news today Yahoo Finance
- The earnings recession is here. There could be worse to come CNN
- S&P 500, Nasdaq open higher as investors digest more bank earnings MarketWatch
- Wall St slips on mixed earnings, higher Treasury yields Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 5 min read
Condensed
91%
814 → 70 words
Want the full story? Read the original article
Read on Investor's Business Daily