Schaeffer's Market Recap A busy week of corporate earnings season is underway
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| | 4/22/2019 | |
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Stocks Close Mixed; Oil, Boeing in Focus | By Emma Duncan | | Stocks closed mixed in today's trading. The Dow chalked up a loss, after heavyweight Boeing (BA) stock dropped on a critical New York Times report. Losses were limited, though, as blue-chip energy stocks Exxon Mobil (XOM) and Chevron (CVX) surged with oil prices, after Secretary of State Mike Pompeo tweeted the U.S. will make no exceptions on waiving sanctions for Iranian oil imports. Against this backdrop, the S&P 500 closed above breakeven, while the Nasdaq eked out a modest gain ahead of an onslaught of corporate earnings reports due out this week. Continue reading for more on today's market, including: | >> Continue reading... | |
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