Stocks open slightly higher on earnings, trade optimism

U.S. stocks opened slightly higher Tuesday, pushing the S&P 500 within striking distance of an all-time high, on upbeat earnings and optimism that talks between the U.S. and China will help ease trade tensions.

The S&P 500 rose 0.2% to 2,861.70, leaving it within 0.4% of its all-time high set in late January. The Dow Jones Industrial Average advanced 41 points, or 0.2% to 25,800, while the Nasdaq Composite rose 0.2% to 7,840.09.


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U.S. Stocks Flat to Slightly Lower After Weak Earnings, Turkey Turmoil

U.S. stocks opened flat to slightly lower Friday, dinged after a round of disappointing corporate earnings and renewed pressure on Turkey’s lira.

The S&P 500 fell 0.1% to 2,837.54, while the Dow industrials were up 9 points, or less than 0.1%, at 25,567. The Nasdaq Composite lost 0.1% to 7,798.14.

Tech stocks were under pressure, with shares of Nvidia Corp., down 3.1%, and Applied Materials Inc., off more than 8%, after reporting earnings late Thursday. Shares of farm-equipment maker Deere & Co. fell 2.8% after providing a downbeat growth outlook.

Source : Market Watch

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Asia Stock Decline Deepens as Tencent Slumps After Earnings Miss

Asian shares declined for a second day, as earnings disappointment sank Tencent Holdings Ltd., the heaviest-weighted member of the regional benchmark.

The MSCI Asia Pacific Index fell 0.5 percent to 160.94 as of 4:05 p.m. in Hong Kong, heading for its lowest close since September 2017. Japan’s Topix dropped 0.6 percent, dragged down by technology stocks. Hong Kong’s Hang Seng Index lost 0.8 percent, extending a five-day slide to over 5 percent, while South Korea’s Kospi gauge retreated 0.8 percent after a holiday on Wednesday.

Source : Bloomberg

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