From Nasdaq: 2024-04-25 14:15:30

US stock indexes are lower, with the S&P 500 down -0.41%, the Dow Jones down -0.86%, and the Nasdaq 100 down -0.6%. Meta Platforms and IBM are down over -8% after weak Q1 results. Caterpillar expects lower Q2 sales. Positive news includes Newmont up over +8%. US initial jobless claims unexpectedly fell. Interest rates are up. Overseas markets are mixed.

Textron and Southwest Airlines are down over -11% and -9%, respectively. IBM leads Dow losers. Carrier Global, Chipotle, and Newmont are up over +7%, +2%, and +8%, respectively. US Q1 GDP revised downward. European bond yields are higher. ECB member Muller against second rate cut. Merck & Co up over +1%. Earnings reports for various companies today.



Read more at Nasdaq: Stocks Lower on Tech Stocks Weakness and Stagflation Fears