Blue-Chip Bank Stock Dips Post-Earnings

Oil prices are plummeting today too

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Midday Market Check
 
 

4/15/2020

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Dow Extends Slide at Midday

By Jacob Scott

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The Dow Jones Industrial Average (DJI) has reversed course from yesterday's gains and is down over 600 points at midday. Today's fall comes as subpar economic data and less-than-stellar bank earnings add to the concern surrounding the coronavirus' economic impact. The S&P 500 (SPX) and Nasdaq Composite (IXIC) are also sharply lower, as investors also unpack a record 8.7% fall in March retail sales. Additionally, oil is in the red at midday, with May-dated crude futures down 3.3% at $19.44 per barrel. 

Continue reading for more on today's market, including: 

  • Goldman Sachs stock declines after an earnings miss.
  • An encouraging preliminary report boosts TDOC stock.
  • Plus, AT&T call popularity rages; CorEnergy cuts dividend; and PVH stock tanking.
>> Continue reading...
LATEST HEADLINES

>> TDOC Stock Gets Big Boost From Preliminary Report
Teledoc announced preliminary first-quarter revenue that exceeded expectations
>> Blue-Chip Bank Stock Declines on Quarterly Earnings
GS is still up 11% in April
>> GIS Stock Nears Fresh High on Bull Note
Piper Sandler upgraded General Mills to "overweight" from "neutral"
>> Stock Futures Sink as Earnings, Retail Sales Weigh
Goldman Sachs' first-quarter earnings missed analyst estimates
>> Stocks, Gold Finish High
The Dow closed up over 500 points
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