US stocks struggle for traction

Business | 14 Jul 2020 9:58 pm

Stocks were flat on Tuesday as shares of major tech companies added to their late-day reversal from the previous session while Wall Street grappled with the major banks reporting earnings.

The Dow Jones Industrial Average dipped 18 points, or 0.1 percent. The S&P 500 slid by 0.3 percent and the Nasdaq Composite lost 0.1 percent.

Facebook, Amazon and Netflix slid at least 0.4 percent each. Alphabet and Microsoft fell by  0.5 percent and by 0.6 percent, respectively, on Tuesday. Those losses added to a broad decline for Big Tech that started on Monday and evaporated a massive rally for the broader market.

Search Archive

Advanced Search
August 2020
S M T W T F S

Today's Standard



Yearly Magazine

Yearly Magazine