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The Closing Bell: U.S. Stocks Slip On Mixed Earnings

edited April 15 in The Bullpen
The Closing Bell will be updated sometime after 4:00 PM CDST to include the latest updates from IBD and Bloomberg Evening Briefing.)

FYI: U.S. stocks fell Monday as a fresh batch of earnings reports sent bank shares sliding.

The Dow Jones Industrial Average lost 28 points, or 0.11%, to 26384, erasing small gains from earlier in the session. The S&P 500 fell 0.06% and the Nasdaq Composite declined 0.10%.

Stock trading has been muted the past few weeks as investors have waited to get a sense of how U.S. corporations fared in the first quarter. Shares of lenders and brokerages began the week lower following a series of earnings reports released before the opening bell.

Goldman shares slipped 3.2% after the bank reported first-quarter profit tumbled, hit by quiet trading and underwriting. Citigroup shares bounced higher premarket, then fell 0.1% after the opening bell, weighed down by a worse-than-expected slide in revenue.

Stocks began the day higher and then lost ground heading into the afternoon, with most of the S&P 500’s sectors trading lower for the day.

Energy shares in the S&P 500 fell 0.3% as U.S. crude oil retreated, pressured by indications that Russia could boost output in an attempt to regain some share of the global oil market.

Only four sectors of the S&P 500 led by Consumer Staples and Healthcare were in positive territory, Real Estate and Financials led the other seven sectors down.
Bloomberg Evening Briefing:













WSJ: Markets At A Glance:

Major ETFs % Change:

SPDR's Sector Tracker:

SPDR's Bloomberg Sector Performance Pie Chart:

Current Futures:

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