From NASDAQ: 2024-05-08 13:09:43

The S&P 500, Dow Jones, and Nasdaq are up this morning on positive corporate earnings. Vistra, Arista Networks, and Lyft reported strong results, driving stock gains. Uber, Match Group, and Broadridge are down after weak forecasts. Q1 earnings have been better than expected. Mortgage applications are up, while wholesale trade sales fell. The chance of a rate cut is low. In Europe, bond yields are higher. German industrial production declined less than expected. Stock movers include Vistra, Arista Networks, and NRG Energy as gainers, while Match Group, Uber, and Broadridge are down. Tesla is facing an investigation, ZoomInfo and Twilio are down after weak forecasts, and Intel is down after cutting its outlook. Earnings reports today include Airbnb, Atmos Energy, and Uber Technologies. Trading update from Rich Asplund via Barchart.



Read more at NASDAQ: Stocks Recover Early Losses on Strong Corporate Earnings