Both Caterpillar and Boeing presented profits that missed the mark
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| | | 10/23/2019 | |
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| Dow Wobbles to a Shaky Finish on Mixed Earnings | | By Lillian Currens | | The Dow spent time on both sides of breakeven amid a busy day for blue chips. On the earnings front, Caterpillar (CAT) entered the confessional with revenue and profits that missed the mark, but CAT stock battled back from a rough start to climb into positive territory by the close. Boeing (BA) was also on the earnings docket today, but managed to brush off a mixed report on news that it expects regulatory approval for its 737 MAX by year-end. The tech-rich Nasdaq and the S&P also ricocheted between modest gains and mild losses throughout the day, but ultimately ended the session slightly higher. Continue reading for more on today's market, including: - Why traders might want to buy the dip on ServiceNow stock.
- 3 penny stocks for Wall Street to watch right now.
- Plus, REZI stock suffers on slashed guidance; Skechers' post-earnings plummet; and GOOGL's great day.
| | >> Continue reading... | |
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