Stock Market Today: Dow Jones Pares Losses
Investor's Business Daily on MSN2h
Dow Jones Rises On Surprise Jobless Claims, GDP; Microsoft, ServiceNow Dive On EarningsThe Dow Jones rose Thursday on surprise weekly jobless claims and GDP data. Microsoft and ServiceNow plunged on earnings.
S&P 500 futures rise as Meta and Tesla gain, but Microsoft and Caterpillar drag the Dow. US stock market reacts to earnings, GDP data, and Fed outlook.
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Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.
Meta and Tesla rise as Microsoft slumps, keeping US indices mixed. Investors await Apple and Amazon earnings while GDP and Fed policy weigh on sentiment.
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while ...
The Dow made another push into positive territory around noon ET on Monday. The blue-chip index was up 56 points, or up 0.1%, after trading lower for much of the morning. The S&P 500 was still down 1.
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
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