Dow industrial average up for the 9th consecutive day. That’s the good news | Forexlive
The good news today in the US stock market is the Dow Industrial Average closed higher for the 9th consecutive day. The bad news is the Nasdaq index tumbled over 2% today. The S&P also moved lower.
The final numbers are showing:
- Dow industrial average rose 163.97 or 0.47% at 35225.17. The Dow Industrial average reached a high of up 311.55 points and a low of up 30.76 points
- S&P index fell – 30.85 or -0.68% at 4534.86. At session lows the S&P index was down -38.15 points
- NASDAQ fell -294.72 points or -2.05% at 14063.30. At the session lows the NASDAQ index was down -327.39 points
With one day to go in the week, the NASDAQ index is now down:
- Dow Industrial Average is up 2.08%
- S&P index is holding onto a gain of 0.65%
- NASDAQ index is now down -0.36%
IN after hours earnings releases:
PPG Industries Inc (PPG) Q2 2023 Earnings:
- EPS: 2.06, expected 2.13
- Revenue: $4.87 billion, expected $4.84 billion
- Noted: They raised the full-year guidance
- Shares are trading down -2.48% in after-hours trading
Capital One Financial Corp (COF) Q2 2023 Earnings:
- EPS: 3.52, expected 3.23
- Revenue: $9.01 billion, expected $9.12 billion
- Shares are trading down -1.51% in after-hours trading
Intuitive Surgical Inc (ISRG) Q2 2023 Earnings:
- Adjusted EPS: 1.42, expected 1.33
- Revenue: $1.76 billion, expected $1.74 billion
- Despite the beat, shares are trading down -6.15% in after-hours trading
CSX Corp (CSX) Q2 2023 Earnings:
- EPS: 0.49, expected 0.49
- Revenue: $3.7 billion, expected $3.73 billion
- Shares are trading down -3.59%