The major U.S. equity indexes ended down for the day, after General Electric reported lower but better-than-expected quarterly earnings and a subdued outlook, while ending the week mixed.
Stocks meandered around the breakeven mark as investors digested a slew of earnings reports and mixed economic news.
Stocks posted gains as earnings season continued.
The Nasdaq, fueled by its most heavily weighted components, posted its longest winning streak in more than two years.
The three major U.S. equity indexes ended mixed today.
The three major U.S. equity indexes ended the day and the week with gains that brought them to or near record levels.
Stocks posted moderate gains ahead of the kickoff of second-quarter earnings season, which begins in earnest tomorrow with the earnings reports of several major U.S. financial institutions.
Stocks posted strong gains, following today’s Congressional testimony by Federal Reserve Chair Janet Yellen about the economy, inflation, and plans for interest rate hikes.
Stocks recovered from a mid-session swoon to close essentially flat, with a sudden drop in the major indexes after the release of emails from President Trump’s son Donald Trump Jr. related to the Russia investigation.