Stock Market Overview
Wed, Apr 24th, 2024
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Stocks Settle Mixed on Rising Bond Yields and Tech Strength
Barchart - Wed Apr 24, 3:36PM CDT
The S&P 500 Index ($SPX) (SPY) Wednesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.32%.Â
US stock indexes on Wednesday settled mixed, with the S&P 500 and Nasdaq 100 posting 1-week highs. Strength in technology stocks was supportive of the overall market.  However, gains in the broader market were limited as rising bond yields pressured stocks.Â
On the positive side, Tesla rose more than +12% despite reporting weaker-than-expected Q1 EPS after it said it would accelerate the launch of less-expensive models as soon as this year. Also, semiconductor stocks rallied Wednesday after Texas Instruments reported stronger-than-expected Q1 revenue and forecasted Q2 revenue above consensus. In addition, Hilton Worldwide Holdings rose more than +3% after reporting better-than-expected Q1 adjusted Ebitda and raising its full-year adjusted Ebitda forecast.
On the negative side, Old D... Read more
U.S. Senator Ted Cruz Just Reported a Sale of $GS stock
Quiver Quantitative, Inc. - 7 minutes ago
In a new disclosure filed today, U.S. Senator Ted Cruz reported the sale of $250,001 - $500,000 of Goldman Sachs Group, in a trade that took place on April 15. Since that trade was made, the stock has...
Boeing's financial woes continue, while families of crash victims urge US to prosecute the company
AP - Wed Apr 24, 7:36PM CDT
Boeing has reported a $355 million loss for the first quarter
3 Dividend Aristocrats to Buy on Every Dip
Barchart - Wed Apr 24, 6:30PM CDT
As markets get wobbly, here are three Dividend Aristocrats to add a little stability to any portfolio.
Former Comptroller General of Ecuador convicted for $10M in Miami
Due Inc. - Wed Apr 24, 5:56PM CDT
A Miami federal jury has found the former Comptroller General of Ecuador guilty of a million-dollar money laundering and bribery scheme. Carlos Ramon Polit Faggioni, 73, was involved in a series of illegal...
Teradyne (NASDAQ:TER) Exceeds Q1 Expectations, Stock Soars
StockStory - Wed Apr 24, 5:36PM CDT
Teradyne (NASDAQ:TER) Exceeds Q1 Expectations, Stock Soars
Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline
AP - Wed Apr 24, 5:31PM CDT
Ford Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline
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