Walmart Stock Surges on Blowout Earnings, So Why is the Dow Stuck in Neutral?

0
14
Walmart Stock Surges on Blowout Earnings, So Why is the Dow Stuck in Neutral?

The Dow and U.S. stock market were stuck in neutral on Tuesday despite a blowout earnings report from Walmart, a sign that traders were treading more cautiously ahead of a slew of macroeconomic indicators later in the week. Dow Struggles for Direction Wall Street’s benchmarks traded tepidly through the morning session, mirroring a relatively uneventful pre-market for Dow futures. The Dow Jones Industrial Average opened 34 points lower. It was last seen trading at 25,923.31, having gained 40 points, or 0.15%. The broad S&P 500 Index nudged up 0.1% to 2,778.003, having erased an earlier drop. Six of 11 primary

The post Walmart Stock Surges on Blowout Earnings, So Why is the Dow Stuck in Neutral? appeared first on CCN

Daily Deals