The major stock indices are ending the day mixed.
Dow is down marginally. The S&P and Nasdaq closed marginally higher. Russell 2000 is not so lucky as it falls 1% on the day.
The final numbers are showing:
Dow Industrial Average fell -40.21 points or -0.12% at 40540.12S&P index rose 4.46 points or 0.08% at 5463.55NASDAQ index rose 12.32 points or 0.07% at 17370.20
The small-cap Russell 2000 fell -24.73 points or -1.09% at 2235.33
This week, four of the seven Mag 7 will be announcing earnings starting with Microsoft after the close tomorrow. On Wednesday after the close (and the FOMC rate decision), Meta Platforms will report. On Thursday Amazon and Apple will report after the close.
Today:
Microsoft rose $1.46 or 0.34%Meta Platforms closed unchangedAmazon rose $0.70 or 0.38%Apple rose $0.28 or 0.13%
The summary of earnings for the week shows:
Tuesday
Before the open: SoFi, Pfizer, PayPal, BP, P&G, Corning, MerckAfter close: AMD, Microsoft, Starbucks, Pinterest
Wednesday
Before the open: Boeing, Kraft Heinz, AltriaAfter close: Meta (Facebook), Qualcomm, Carvana, Lam Research, Western Digital
Thursday
Before the open: Moderna, ConocoPhillips, Wayfair, SiriusXMAfter close: Amazon, Apple, Intel, Coinbase, DraftKings
Friday
Before the open: ExxonMobil, Chevron, Frontier Communications
This article was written by Greg Michalowski at www.forexlive.com.
