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S&P 500 wavers as it tries to recover from a 4-day losing streak: Live updates - TL;DR CNBC

S&P 500 wavers as it tries to recover from a 4-day losing streak: Live updates

Publishing timestamp: 2024-04-18 13:53:40


Summary

The S&P 500 and Nasdaq Composite struggled as Wall Street attempted to recover amid a losing streak. Earnings reports were being closely watched, with some companies like Duolingo and JetBlue Airways seeing positive movements. Bitcoin mining stocks rallied ahead of the "halving" event. Tesla shares slipped after a downgrade. The Conference Board's index of leading economic indicators declined. Small cap stocks faced pressure, while existing home sales declined less than expected. European stocks were cautiously higher, and Asian airline stocks soared as oil prices dropped. U.S. acknowledged concerns over yen and won depreciation. Morgan Stanley and HSBC are cutting investment banking jobs in Asia-Pacific. Nasdaq Composite was on track for its fourth weekly decline. Barclays believes strong first-quarter earnings can defend markets against high interest rates.


Sentiment: MIXED

Tickers: LVS.RUTJBLU9201.T-JPQAN-AU@DJ.1EFXSIAL-SG.DJI@ND.1DUOLRIOTMARAUNH9202.T-JPKEY.IXICNVDAALKDJT293-HKJPY=BXMETA.SPXTSMNFLXCLSKKRW=DHI@SP.1TSLA

Keywords: las vegas sands corpkeycorpunited statesbreaking news: marketsearningsbusiness newsunitedhealth group incs&p 500 indexdow jones industrial averagedow jones fut (mar'23)nasdaq 100 fut (mar'23)netflix incstock marketsnvidia corpdr horton incmarketsequifax incalaska air group incblackstone incnasdaq composites&p 500 fut (mar'23)

Source: https://www.cnbc.com/2024/04/17/stock-market-today-live-updates.html


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