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How major US stock indexes fared Tuesday 8/09/2022 - Vimarsana News

How major US stock indexes fared Tuesday 8/09/2022

Stocks closed lower on Wall Street as disappointing earnings reports weighed on technology and travel companies

Source: go.com
Wall Street slips as weak earnings hit tech, travel stocks - Vimarsana News

Wall Street slips as weak earnings hit tech, travel stocks

Stocks fell on Wall Street as disappointing earnings reports weighed on technology and travel companies and investors await the latest updates on inflation. The S&P 500 fell 0.4%, while the Dow Jones Industrial Average and the Nasdaq also slipped Tuesday morning. Chipmaker Micron Technology fell after warning investors that revenue could fall short of forecasts because of weakening demand. Norwegian Cruise Line plunged after reporting disappointing financial results and giving investors a weak revenue forecast. Investors are awaiting two reports on prices due later this week, which could s...

Source: kob.com
Wall Street slips as weak earnings hit tech, travel sto... - Vimarsana News

Wall Street slips as weak earnings hit tech, travel sto...

Stocks fell on Wall Street as disappointing earnings reports weighed on technology and travel companies and investors await the latest updates on inflation

Business Highlights: Inflation trends, EV credits - Vimarsana News

Business Highlights: Inflation trends, EV credits

___ US inflation will likely stay high even as gas prices fall WASHINGTON (AP) — Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.

Source: apnews.com
Wall Street slips as weak earnings hit tech, travel stocks - Vimarsana News

Wall Street slips as weak earnings hit tech, travel stocks

The selling likely reflects profit-taking by investors ahead of Wednesday's consumer price index report.