Us Stock Indexes Edge Lower In Early Trading; Oil Falls

Investors were sizing up the latest company earnings and economic data while looking ahead to an evening speech by President Donald Trump to both houses of Congress. Investors are anxiously awaiting Trump's first speech to a joint session of Congress later Tuesday and in particular will be seeking more clarity on tax cuts, infrastructure spending and other business friendly policies. Perrigo slumped 11.2 percent after investors reacted to several disclosures by the Irish drugmaker, including that it has agreed to sell its royalty rights to a multiple sclerosis drug for as much as $2.85 billion. Target plunged 13.2 percent after the retail chain's latest quarterly profit fell short of Wall Street's forecasts. Online brokers were posting sharp declines after Fidelity announced a cut in trading commissions. The increase in the gross domestic product, the broadest measure of economic health, represented a significant slowdown from 3.5 percent growth recorded in the third quarter. Earlier in Asia, Japan's benchmark Nikkei 225 index trimmed strong earlier gains to finish less than 0.1 percent higher.

Topics:  president donald trump   investors   trump   perrigo   irish   target   wall street   online   fidelity   earlier   asia   japan   nikkei   congress   trading   percent   latest   economic   speech   
BING NEWS:
  • Oil prices fall after industry data points to rise in U.S. crude inventories
    The American Petroleum Institute, an industry trade group, late Tuesday reported that U.S. crude inventories rose by 4.906 million barrels last week, according to a source citing the figures, while ...
    04/30/2024 - 11:52 pm | View Link
  • Hedge funds retreat from oil as war risk fades
    Investors sold oil at the fastest rate for more than six months amid signs that Israel and Iran have chosen not to escalate their conflict, ensuring the rally in crude prices stalled well before ...
    04/29/2024 - 1:00 pm | View Link
  • Stock Market News: Dow, S&P 500, and the Nasdaq All Climb
    The stock market climbed Friday, as investors digested positive earnings reports from Alphabet and Microsoft and the latest PCE inflation data. The S&P 500, the Dow Jones Industrial Average, and the ...
    04/26/2024 - 11:05 am | View Link
  • Stocks off two-month low as fear of Middle East escalation eases
    Global shares hit a two-month low on Friday after Israel's attack on Iran triggered a rush into safe haven bonds and gold, lifting Wall Street's 'fear index' to its highest level since ...
    04/19/2024 - 3:06 am | View Link
  • Stock Futures Slip, Oil Gyrates After Israel Strikes Iran
    The strikes jolted prices for stocks, bonds, currencies and commodities, but the moves quickly abated as the limited scope of the assault became clear.
    04/19/2024 - 1:21 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News