Under Armour, PayPal and others joined the lengthening parade of big U.S. companies reporting bigger-than-expected profits for the first three months of the year. A drop in oil prices helped pull energy stocks lower. Benchmark U.S. crude dropped $1.05, or 2.1 percent, to $48.57 per barrel, while Brent crude, which is used to price international oils, dropped $1.03 to $51.38 per barrel. Under Armour surged to the biggest gain in the S&P 500 after reporting results for the first quarter that were better than analysts' expectations. PayPal Holdings jumped $3.32, or 7.5 percent, to $47.73 after also reporting stronger revenue and earnings than Wall Street had forecast. Natural gas slipped 4 cents to $3.23 per 1,000 cubic feet, heating oil fell 3 cents to $1.51 per gallon and wholesale gasoline dropped 4 cents to $1.56 per gallon.
Similar Stories to Us Stock Indexes Tick Higher In A Mixed Day For Markets on Bing News
By STAN CHOE, AP Business Writer, Seattle Post-Intelligencer: Business
Thu, 04/27/2017 - 7:36am
BING NEWS:
- Stock market today: Wall Street is mixed as S&P 500 and Nasdaq composite tick toward all-time highs
The S&P 500 and Nasdaq composite indexes are ticking toward all-time highs on Wednesday amid a mixed day for Wall Street overall. The S&P 500 rose 0.2% Wednesday and neared ...
06/5/2024 - 3:21 am | View Link - Stock market today: Wall Street ticks higher and approaches its all-time highs
U.S. stocks are ticking higher Wednesday after more companies delivered fatter profits than expected. The S&P 500 was 0.4% higher in early trading and just below its all-time high set two weeks ago.
06/4/2024 - 8:30 pm | View Link - Stock market today: US indexes edge higher as cooling inflation data props up Fed rate-cut bets
Stocks rebounded on Friday morning after the core personal consumption expenditures index met expectations, keeping rate cuts possible.
05/31/2024 - 3:07 am | View Link - Stock market today: Nasdaq composite ticks higher to a record after a quiet day on Wall Street
Wall Street pointed toward modest gains early Monday, keeping markets around record levels after the Dow Jones Industrial Average closed above 40,000 for the first time ever last week. Markets did ...
05/19/2024 - 5:04 pm | View Link - Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week
NEW YORK (AP) — The Dow Jones Industrial Average finished a day above the 40,000 ... Treasury yields ticked higher, and stock indexes around the world were mixed. This week was a good one ...
05/17/2024 - 5:35 am | View Link - More
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