Therefore,
Wall street decreasing after mixed:
Wall Street decreases Tuesday after mixed results
Par Chuck Mikolajczak
The New York Stock Exchange ended up on Tuesday, the S & P-500 and the NASDAQ moving away from their closing records, following several disappointing quarterly results and on the eve of the press release from the American Federal Reserve (Fed) highly anticipated by investors. Furthermore,
The Dow Jones index sold 0.46%, or 204.57 points, to 44,632.99 points. Nevertheless,
The wider S&P-500 lost 18.91 points, or 0.30%, to 6,370.86 points. Therefore,
The Nasdaq Composite fell on its side from 80.29 points (0.38%) to 21,098.29 points
Unitedhealth. Nevertheless, Boeing and Merck fell as a result of wall street decreasing after mixed the publication of their results and weighed on the market, the first named having lost 7.5% after having communicated a disappointing profit of profit. For example,
Boeing sold 4.4% despite a less significant quarterly loss over the April-June period. However, Merck, in 1.7%withdrawal. Moreover, said for its part prolonging the break on Gardasil vaccine deliveries to China, at least until the end of the year, because of an always low demand. For example,
“The results were a little mixed. Meanwhile, Economic data was also. In addition, in a way, but not enough to move the lines with regard to the Fed,” said Tim Ghriskey, strategist at Ingalls & Snyder, in New York.
“Over the next two days. we have Microsoft, Meta, Apple, Amazon-these large companies will move the markets with their results and according to their forecasts,” he added.
A report published wall street decreasing after mixed during the day shows that the confidence of American consumers has progressed more than expected in July. while job offers in the United States, however, decreased more than expected in June, suggesting an additional slowdown in the labor market.
Other employment data must be communicated during the week, also marked by the Fed monetary policy meeting.
The American central bank should not change its interest rates. The comments of its president. Jerome Powell, in the wake of the institution’s press release will be scrutinized by investors, wishing to determine the potential calendar of rates. In addition, the United States and China continued their commercial negotiations in Stockholm. US President Donald Trump said he was informed by his Treasury Secretary. Scott Bessent, that discussions between the two world’s largest economic powers were going very well.
Note, on the values side, United Parlia Service plunged by wall street decreasing after mixed 10.6% after not having communicated annual forecasts, fueling concerns about the repercussions of the Trump administration’s commercial policy.
Whirlpool plummeted 13.4% after revising its annual turnover forecast, citing a request impacted by customs duties.
Procter & Gamble lost 0.3% following annual forecasts below expectations. The group said it would increase the price of some of its products to compensate for the increase in. customs taxes.
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(Written wall street decreasing after mixed by Jean Terzian)
Wall street decreasing after mixed
Further reading: Commercial fears | Wall Street ends the week down – A director of Wells Fargo prohibited from leaving China – A Saguenay company in dispute against Hydro-Québec – Stock Exchange: Legrand bought Cogelec, Barry Callebaut suffers, rumors of opa – Commissions taken by Visa revised downwards.
