The S&P 500 eked out a slim gain on Tuesday after strength in some big technology stocks countered disappointing quarterly reports from Johnson & Johnson and Goldman Sachs as first-quarter earnings season kicked into gear.
The healthcare sectorS&P 500 company earnings are expected to have declined 4.8% in the first quarter from a year earlier, according to Refinitiv IBES data as of Friday. Investors have zeroed in on bank results after the failure of Silicon Valley Bank last month set off concerns about potential systemic risks.
"While the big money center banks did very well as a whole, the focus I think is going to be on the regional banks because that is really where the center of the fallout was," said Paul Nolte, senior wealth advisor and market strategist at Murphy & Sylvest Wealth Management.fell in initial after-hours trading on Tuesday following the company's quarterly report.
The S&P 500 is trading near two-month highs as investors await a deluge of earnings and assess the interest rate path ahead of an expected 25 basis point increase at the Federal Reserve's meeting early next month.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Stocks making the biggest moves premarket: Johnson & Johnson, Goldman Sachs, Sunrun and moreShares of Goldman Sachs shed nearly 4% after missing revenue estimates in its first-quarter earnings released before Tuesday's opening bell.
Consulte Mais informação »
Archaeologists discover 500-year-old ceremonial bath in PeruThe Inca Empire, which once stretched from southern Ecuador to the middle of Chile, is thought to have existed 500 years ago.
Consulte Mais informação »
Sell stocks now as S&P 500 faces a 22% slide: FS Investments strategist'There's no reason to wait': Sell US stocks now before the S&P 500 tanks by over 20%, strategist says
Consulte Mais informação »
2 of the most diverse cities in the country are in North Texas, study saysThe study, put together by WalletHub, compared more than 500 cities via 5 main categories.
Consulte Mais informação »
S&P 500 closes higher Monday to kick off a busy earnings week: Live updatesThe S&P 500 rose Monday as traders combed through the latest batch of corporate earnings results, searching for clues on the health of corporate America. The Dow gained 0.30%. The S&P 500 rose 0.33%. The Nasdaq was up 0.28%.
Consulte Mais informação »
S&P 500 cierra al alza el lunes para comenzar una semana de ganancias ocupadaEl índice S&P 500 subió el lunes mientras los operadores revisaban el último lote de ganancias corporativas.
Consulte Mais informação »