{"id":114562,"date":"2024-10-15T22:29:45","date_gmt":"2024-10-15T15:29:45","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=114562"},"modified":"2024-10-15T22:29:45","modified_gmt":"2024-10-15T15:29:45","slug":"stocks-retreat-from-records-as-chipmakers-asml-nvidia-lead-declines","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=114562","title":{"rendered":"Stocks retreat from records as chipmakers ASML, Nvidia lead declines"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>US stocks took a leg lower on Tuesday as investors reacted to downbeat earnings from ASML Holding (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/ASML\" data-ylk=\"slk:ASML;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ASML<\/a>) that dropped a day earlier than expected, sending chipmaker stocks lower across the board.<\/p>\n<p>Shares of the leading semiconductor supplier sank around 15% after its earnings, <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/asml-earnings-published-early-shares-150733712.html?fr=sycsrp_catchall\" data-ylk=\"slk:released in an apparent error,;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">released in an apparent error,<\/a> showed a disappointing sales outlook for 2025. Nvidia (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\" data-ylk=\"slk:NVDA;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">NVDA<\/a>) shares fell in tandem, dropping around 4% to slip back from their <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/nvidia-and-other-chip-stocks-surge-with-no-sign-of-ai-spending-slowdown--for-now-212335257.html\" data-ylk=\"slk:freshly minted high;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">freshly minted high<\/a>. AMD (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/AMD\" data-ylk=\"slk:AMD;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">AMD<\/a>) stock also dipped 4%.<\/p>\n<p>The Dow Jones Industrial Average (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EDJI\" data-ylk=\"slk:^DJI;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^DJI<\/a>) edged about 0.2% lower on the heels of <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-sp-500-clinch-fresh-highs-as-nvidia-surges-to-record-155755012.html\" data-ylk=\"slk:closing above 43,000 for the first time;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">closing above 43,000 for the first time<\/a>. The blue-chip index was dragged down by <a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/unitedhealth-beats-quarterly-profit-estimates-100411656.html\" data-ylk=\"slk:UnitedHealth Group;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">UnitedHealth Group<\/a> (<a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/UNH\" data-ylk=\"slk:UNH;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">UNH<\/a>), which saw shares fall more than 5% after its 2025 profit guidance missed estimates.<\/p>\n<p>Meanwhile, the benchmark S&amp;P 500 (<a data-i13n=\"cpos:10;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EGSPC\" data-ylk=\"slk:^GSPC;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^GSPC<\/a>) dropped roughly 0.2% to also fall from Monday&#8217;s new all-time high, while the tech-heavy Nasdaq Composite (<a data-i13n=\"cpos:11;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EIXIC\" data-ylk=\"slk:^IXIC;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^IXIC<\/a>) sank around 0.6%.<\/p>\n<p>Investors also assessed a fresh crop of bank earnings before the bell with Goldman Sachs (<a data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/GS\" data-ylk=\"slk:GS;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GS<\/a>) reporting a <a data-i13n=\"cpos:13;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/goldman-profits-surge-45-as-dealmaking-stages-comeback-113215505.html\" data-ylk=\"slk:45% surge in third quarter profit;cpos:13;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">45% surge in third quarter profit<\/a> from a year ago, thanks to a rise in dealmaking. Similarly, <a data-i13n=\"cpos:14;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/bofa-profit-drops-weaker-interest-104617893.html\" data-ylk=\"slk:Bank of America;cpos:14;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">Bank of America<\/a>&#8216;s (<a data-i13n=\"cpos:15;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BAC\" data-ylk=\"slk:BAC;cpos:15;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BAC<\/a>) posted an earnings beat amid its own outperformance in investment banking.<\/p>\n<p>As the rush of earnings starts to broaden out, <a data-i13n=\"cpos:16;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/ceos-analysts-odds-p-500-100345118.html\" data-ylk=\"slk:hopes are for further positive surprises;cpos:16;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">hopes are for further positive surprises<\/a> in what some on Wall Street suspect <a data-i13n=\"cpos:17;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/the-market-braces-for-a-tricky-earnings-season-morning-brief-100045616.html\" data-ylk=\"slk:could be a tricky season;cpos:17;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">could be a tricky season<\/a>. Shares in <a data-i13n=\"cpos:18;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/walgreens-shutter-1-200-stores-110245637.html\" data-ylk=\"slk:Walgreens Boots Alliance;cpos:18;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">Walgreens Boots Alliance<\/a> (<a data-i13n=\"cpos:19;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/WBA\" data-ylk=\"slk:WBA;cpos:19;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">WBA<\/a>) climbed more than 10% on the heels of its <a data-i13n=\"cpos:20;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/walgreens-shutter-1-200-stores-110245637.html\" data-ylk=\"slk:plan to shut 1,200 stores;cpos:20;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">plan to shut 1,200 stores<\/a> over three years, as the pharmacy chain pursues a turnaround.<\/p>\n<p>Tuesday&#8217;s docket also brings reports from<a data-i13n=\"cpos:21;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/schwab-soars-earnings-beat-firm-115301602.html?fr=sycsrp_catchall\" data-ylk=\"slk:Charles Schwab;cpos:21;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\"> Charles Schwab <\/a>(<a data-i13n=\"cpos:22;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/SCHW\" data-ylk=\"slk:SCHW;cpos:22;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">SCHW<\/a>) and <a data-i13n=\"cpos:23;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/j-j-lifts-profit-sales-102228744.html\" data-ylk=\"slk:Johnson &amp; Johnson;cpos:23;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">Johnson &amp; Johnson<\/a> (<a data-i13n=\"cpos:24;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/JNJ\" data-ylk=\"slk:JNJ;cpos:24;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">JNJ<\/a>), among others.<\/p>\n<p>Outside of earnings, energy was another major focus. <a data-i13n=\"cpos:25;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/crude-extends-losses-report-israel-220954067.html\" data-ylk=\"slk:Oil prices tumbled;cpos:25;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">Oil prices tumbled<\/a> over 4% on a report that Israel is prepared to refrain from bombarding Iran&#8217;s crude and nuclear facilities in its response to an attack two weeks ago. West Texas Intermediate crude futures (<a data-i13n=\"cpos:26;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/CL=F\" data-ylk=\"slk:CL=F;cpos:26;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">CL=F<\/a>) sank to just above $70 a barrel, while Brent crude futures (<a data-i13n=\"cpos:27;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BZ=F\" data-ylk=\"slk:BZ=F;cpos:27;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BZ=F<\/a>) fell to around $74 following <a data-i13n=\"cpos:28;pos:1\" href=\"https:\/\/www.washingtonpost.com\/world\/2024\/10\/14\/israel-iran-strike-nuclear-oil-military\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:the Washington Post report;cpos:28;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">the Washington Post report<\/a>.<\/p>\n<div class=\"caas-liveblog\" data-id=\"5bbe048a-7efe-428e-a12f-5a468f6f93b2\" data-count=\"20\" data-polling-enabled=\"1\" data-maxfailureallowed=\"3\" data-postid-first=\"1f27981d-9edb-48ec-8e91-575cf3bf6a6f\" data-postid-last=\"a43c7f90-b294-4802-95c6-2f7c5483fbcf\" data-pagination-first-uuid=\"1f27981d-9edb-48ec-8e91-575cf3bf6a6f\" data-pagination-last-uuid=\"a43c7f90-b294-4802-95c6-2f7c5483fbcf\" data-refresh-delay=\"60000\" data-share-post-enabled=\"0\" data-share-url=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-stocks-retreat-from-records-as-chipmakers-asml-nvidia-lead-declines-103834068.html\" data-fetchby=\"older\" data-imagelightboxminimumwidth=\"700\" data-site=\"finance\" data-appid=\"finance_web\" data-region=\"US\" data-article-uuid=\"de74d6fc-cc60-4e4c-8c5f-793b6dec15a1\">\n<p><span class=\"caas-live-blog-section-badge isLive\" data-islive=\"1\">Live<\/span><span class=\"caas-live-blog-section-badge-count\">6 updates<\/span><\/p>\n<ul class=\"caas-liveblog-list\">\n<li class=\"caas-liveblogpost\" data-id=\"1f27981d-9edb-48ec-8e91-575cf3bf6a6f\" id=\"1f27981d-9edb-48ec-8e91-575cf3bf6a6f\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2019-06%2F97285f00-895d-11e9-9b7a-2b53cff69736&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=9c0d71acf684c03ee294d31b319e6ee0f5427b68\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1729004437000\">Tue, October 15, 2024 at 8:00 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Oil tumbles 5% on report Israel won&#8217;t target Iranian crude, IEA predicts supply glut<\/h2>\n<div class=\"body\">\n<p>Oil tumbled as much as 5% on Tuesday as supply fears faded after a media report signaled Israel would avoid targeting Iran\u2019s petroleum production. A glut of supply forecasted by the International Energy Agency also weighed on prices.<\/p>\n<p>West Texas Intermediate (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/CL=F\" data-ylk=\"slk:CL=F;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">CL=F<\/a>) dropped to hover near $70 per barrel, while Brent (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BZ=F\" data-ylk=\"slk:BZ=F;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BZ=F<\/a>), the international benchmark price, fell below $74.<\/p>\n<p>Prices declined after a Washington Post article stated Israeli Prime Minister Benjamin Netanyahu told the Biden Administration Tel Aviv would avoid targeting Iran\u2019s nuclear and oil facilities when it retaliates for the ballistic missile attack earlier this month.<\/p>\n<p>&#8220;Overall right now, its a bit of a bearish outlook for oil given china&#8217;s economy and given Middle East tensions aren&#8217;t escalating at this moment,&#8221; GasBuddy head of petroleum analysis Patrick De Haan told Yahoo Finance on Tuesday morning.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"5cf21e52-e48c-499d-9fb6-2e3abc88ec12\" id=\"5cf21e52-e48c-499d-9fb6-2e3abc88ec12\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-09\/fac61620-778b-11ef-9fff-b9b1b2108597\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1729001738000\">Tue, October 15, 2024 at 7:15 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Boeing stock edges up as the plane maker moves to issue new shares and raise up to $25 billion <\/h2>\n<div class=\"body\">\n<p>Boeing stock edged up close to 0.4% after filing paperwork with the US Securities and Exchange Commission Tuesday to <a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/12927\/000119312524237177\/d871346ds3.htm\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:issue shares of debt securities and common stock;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">issue shares of debt securities and common stock<\/a> worth up to $25 billion over the next three years in a bid to generate much-needed cash.<\/p>\n<p>Separately, the aircraft manufacturer said Tuesday that it has <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/0000012927\/000001292724000068\/ba-20241014.htm\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:entered a $10 billion credit agreement;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">entered a $10 billion credit agreement<\/a>.<\/p>\n<p>Boeing has had a chaotic year, beginning with a Jan. 5 incident in which an airplane part called a door plug blew off of one of its 737 Maxes \u2014 and set off a series of regulatory probes that revealed underlying safety issues at the company and led to the resignation of its CEO. Then, last month, 33,000 Boeing workers walked off the job, seeking <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/www.marketplace.org\/2024\/10\/09\/pensions-are-part-of-labor-discussions-workers-unions-boeing-strike\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:access to pension plans;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">access to pension plans<\/a>, <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/www.theguardian.com\/business\/article\/2024\/sep\/06\/boeing-union-strike\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:job security, safety improvements, and higher wages;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">job security, safety improvements, and higher wages<\/a>. The strike, which crossed the one-month mark on Sunday, has <a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/www.cnn.com\/2024\/10\/13\/business\/boeing-strike-one-month-five-billion-dollars\/index.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:cost the company and workers an estimated $5 billion;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">cost the company and workers an estimated $5 billion<\/a>, according to a report by Anderson Economic Group reviewed by CNN.<\/p>\n<p>Boeing shares are down 42.6% from the start of the year.<\/p>\n<p>The company is <a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/boeing-stock-falls-amid-breakdown-in-union-talks-risk-of-credit-rating-downgrade-140641677.html\" data-ylk=\"slk:at risk of an S&amp;P credit downgrade to junk;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">at risk of an S&amp;P credit downgrade to junk<\/a>, Yahoo Finance&#8217;s Ines Ferr\u00e9 reports. Shares most recently slid last Friday after Boeing said it would <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/boeing-stock-slides-as-company-plans-to-cut-17000-jobs-delays-jet-delivery-amid-labor-strike-204924047.html\" data-ylk=\"slk:cut its workforce by 10% and delay its first delivery of its 777X jet;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">cut its workforce by 10% and delay its first delivery of its 777X jet<\/a> to 2026, Ferr\u00e9 wrote.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"dac7d72e-e6fa-40c2-acda-6b4dc8023753\" id=\"dac7d72e-e6fa-40c2-acda-6b4dc8023753\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fo.aolcdn.com%2Fimages%2Fdims%3Fimage_uri%3Dhttps%253A%252F%252Fo.aolcdn.com%252Fimages%252Fdims%253Fimage_uri%253Dhttps%25253A%25252F%25252Fo.aolcdn.com%25252Fimages%25252Fdims%25253Fimage_uri%25253Dhttps%2525253A%2525252F%2525252Fs.yimg.com%2525252Fos%2525252Fcreatr-uploaded-images%2525252F2019-07%2525252F67958070-a40a-11e9-aa7a-12d401a63b6e%252526compress%25253D1%252526progressive%25253D1%252526quality%25253D75%252526client%25253Dhawkeye%252526signature%25253D9a7bcc72381bd5c3c894e608042d79e456931e27%2526compress%253D1%2526progressive%253D1%2526quality%253D75%2526client%253Dhawkeye%2526signature%253D3dc19289d18a4f3c1e3834c6954aaa4432ef1844%26compress%3D1%26progressive%3D1%26quality%3D75%26client%3Dhawkeye%26signature%3Dc0e2b904dfa36a25b82aaefeff914f91afb7543e&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=2e56329b8871cc620ac60ca7e2efbe828e2bfffe\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728999333000\">Tue, October 15, 2024 at 6:35 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Dow slips, S&amp;P 500 opens near record<\/h2>\n<div class=\"body\">\n<p>The benchmark S&amp;P 500 (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EGSPC\" data-ylk=\"slk:^GSPC;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^GSPC<\/a>) index traded near its all-time high early Tuesday, while the tech-heavy Nasdaq Composite (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EIXIC\" data-ylk=\"slk:^IXIC;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^IXIC<\/a>) rose roughly 0.2%.<\/p>\n<p>The Dow Jones Industrial Average (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EDJI\" data-ylk=\"slk:^DJI;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^DJI<\/a>) dipped about 0.6% on the heels of <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-sp-500-clinch-fresh-highs-as-nvidia-surges-to-record-155755012.html\" data-ylk=\"slk:closing above 43,000 for the first time;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">closing above 43,000 for the first time<\/a> as markets assessed a fresh wave of earnings.<\/p>\n<p>What&#8217;s largely responsible for the drag on the Dow? <a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/unitedhealth-beats-quarterly-profit-estimates-100411656.html\" data-ylk=\"slk:UnitedHealth Group;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">UnitedHealth Group<\/a> (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/UNH\" data-ylk=\"slk:UNH;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">UNH<\/a>). The company saw shares fall nearly 10% after its 2025 profit guidance missed estimates.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"26429bb5-dd83-409d-b1d6-22b33ab17c28\" id=\"26429bb5-dd83-409d-b1d6-22b33ab17c28\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-09\/fac61620-778b-11ef-9fff-b9b1b2108597\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728996434000\">Tue, October 15, 2024 at 5:47 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Earnings roundup: Big banks lift market, healthcare posts mixed results<\/h2>\n<div class=\"body\">\n<p>A fresh batch of bank earnings rolled in Tuesday morning, with strong quarterly results from Goldman Sachs (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/GS\" data-ylk=\"slk:GS;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GS<\/a>), Charles Schwab (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/SCHW\" data-ylk=\"slk:SCHW;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">SCHW<\/a>), Bank of America (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BAC\" data-ylk=\"slk:BAC;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BAC<\/a>), Citigroup (<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/C\" data-ylk=\"slk:C;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">C<\/a>), PNC (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/PNC\" data-ylk=\"slk:PNC;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">PNC<\/a>), and State Street (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/STT\" data-ylk=\"slk:STT;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">STT<\/a>) lifting the market.<\/p>\n<p><strong>Here are some of the highlights:<\/strong><\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><strong>Goldman Sachs rose 2.8% premarket <\/strong>after reporting a 45% growth in profits from last year thanks to a surge in dealmaking. The firm posted third quarter adjusted earnings per share of $8.40 versus the $7.21 expected, according to Bloomberg consensus data. <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/goldman-profits-surge-45-as-dealmaking-stages-comeback-113215505.html\" data-ylk=\"slk:Yahoo Finance's David Hollerith has that story;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">Yahoo Finance&#8217;s David Hollerith has that story<\/a>.<\/p>\n<\/li>\n<li>\n<p><strong>Schwab saw the biggest premarket rally of the batch, rising 9.6%<\/strong> after it posted third quarter adjusted EPS of $0.77 versus the $0.75 expected.<\/p>\n<\/li>\n<li>\n<p><strong>Citigroup climbed 2.2% <\/strong>after reporting EPS of $1.53 versus the $1.31 expected.<\/p>\n<\/li>\n<li>\n<p><strong>BofA jumped 2.1%<\/strong> before the bell, after reporting EPS of $0.81 versus the $0.76 expected.<\/p>\n<\/li>\n<\/ul>\n<p>Healthcare stocks moved in different directions following mixed results. Here&#8217;s a look:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><strong>Walgreens (<\/strong><a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/WBA\" data-ylk=\"slk:WBA;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>WBA<\/strong><\/a><strong>) rose 4.5%<\/strong> premarket after the pharmacy chain reported fiscal fourth quarter adjusted earnings per share of $0.39, ahead of the $0.36 expected. The company said it <a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/walgreens-boots-alliance-jumps-fiscal-114157067.html\" data-ylk=\"slk:plans to close 1,200 stores;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">plans to close 1,200 stores<\/a> in an attempt to reverse its struggles.<\/p>\n<\/li>\n<li>\n<p><strong>Johnson &amp; Johnson (<\/strong><a data-i13n=\"cpos:10;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/JNJ\" data-ylk=\"slk:JNJ;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>JNJ<\/strong><\/a><strong>) fell 1%<\/strong> after <a data-i13n=\"cpos:11;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/johnson-johnsons-q3-earnings-revenue-122021994.html\" data-ylk=\"slk:lowering its full-year adjusted EPS guidance;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">lowering its full-year adjusted EPS guidance<\/a>. Still, the pharmaceutical giant&#8217;s third quarter adjusted EPS of $2.42 reported Tuesday beat the $2.19 expected.<\/p>\n<\/li>\n<li>\n<p><strong>UnitedHealth Group (<\/strong><a data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/UNH\" data-ylk=\"slk:UNH;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>UNH<\/strong><\/a><strong>) fell 3.5%<\/strong> after <a data-i13n=\"cpos:13;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/unitedhealth-narrows-2024-forecast-higher-102237039.html\" data-ylk=\"slk:lowering the top end of its full-year profit outlook;cpos:13;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">lowering the top end of its full-year profit outlook<\/a>. However, the insurance behemoth&#8217;s adjusted EPS for the third quarter of $7.15 beat Wall Street&#8217;s expectations of $6.99 per share.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"ee505e30-c873-4244-9e7c-110ac6ef5f06\" id=\"ee505e30-c873-4244-9e7c-110ac6ef5f06\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2024-04%2F41fcc720-f5a8-11ee-bbe2-e9cb8cdc4c82&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=3e3930835cf0e3365df3a70c112b3755056f7bf7\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728995629000\">Tue, October 15, 2024 at 5:33 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Walgreens continues to look like a sick retailer<\/h2>\n<div class=\"body\">\n<p>Not to be outdone by Big Lots and True Value recently announcing they were going bankrupt, Walgreens (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/WBA\" data-ylk=\"slk:WBA;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">WBA<\/a>) is back in focus today with its now-normal dose of bad news.<\/p>\n<p>The drugstore chain said this morning it will close 1,200 stores over the next three years. That&#8217;s a huge number, one that says a lot about the company&#8217;s struggles over the last two years.<\/p>\n<p>These numbers from Yahoo Finance shed further light on Walgreens&#8217; problems:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Walgreens market cap: $7.7 billion<\/p>\n<\/li>\n<li>\n<p>CVS Health (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/CVS\" data-ylk=\"slk:CVS;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">CVS<\/a>): $85 billion<\/p>\n<\/li>\n<li>\n<p>Walmart (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/WMT\" data-ylk=\"slk:WMT;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">WMT<\/a>): $645 billion<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost\" data-id=\"a43c7f90-b294-4802-95c6-2f7c5483fbcf\" id=\"a43c7f90-b294-4802-95c6-2f7c5483fbcf\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2024-04%2F41fcc720-f5a8-11ee-bbe2-e9cb8cdc4c82&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=3e3930835cf0e3365df3a70c112b3755056f7bf7\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728994344000\">Tue, October 15, 2024 at 5:12 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">The big banks cleaning up in investment banking again<\/h2>\n<div class=\"body\">\n<p>Another big morning for the banks on the investment banking front.<\/p>\n<p>Goldman Sachs (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/GS\" data-ylk=\"slk:GS;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GS<\/a>) <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/goldman-profits-surge-45-as-dealmaking-stages-comeback-113215505.html\" data-ylk=\"slk:delivered a 20% increase;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">delivered a 20% increase<\/a> in its investment banking fees in the third quarter. Bank of America (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BAC\" data-ylk=\"slk:BAC;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BAC<\/a>) also notched a 20% increase. Citi&#8217;s (<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/C\" data-ylk=\"slk:C;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">C<\/a>) investment banking revenue grew 31%.<\/p>\n<p>Last week, JPMorgan (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/JPM\" data-ylk=\"slk:JPM;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">JPM<\/a>) showed a 31% year-over-year increase.<\/p>\n<p>Is there a year-end advisory boom ahead of the November election as CEOs plot out their next five years? Could be. But there could also be a lot of companies preparing to IPO in 2025 amid near-record markets and the prospect of lower interest rates.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-sp-500-holds-near-record-high-with-big-bank-earnings-in-focus-103834235.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stocks took a leg lower on Tuesday as investors reacted to downbeat earnings from ASML Holding (ASML) that dropped a day earlier than expected, sending chipmaker stocks lower across &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=114562\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-114562","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/114562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114562"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/114562\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}