Dow Dives 100 Points as Walgreens Paves Way for Brutal Earnings Season16.8

The Dow lagged the rest of the U.S. stock market on Tuesday after Walgreens admitted that its generic drug business struggled last quarter, raising fresh alarm over the health of Wall Street corporate earnings. Dow Lags the Wider U.S. Stock Market The Dow Jones Industrial Average was off by as much as 136 points on Tuesday, reflecting a shaky pre-market session for U.S. stock futures. The blue-chip index was last down 88 points, or 0.3%, to 25,169.75. Twenty-two of 30 index members traded lower. The broad S&P 500 Index of large-cap equities fluctuated between gains and losses before settling flat

The post Dow Dives 100 Points as Walgreens Paves Way for Brutal Earnings Season appeared first on CCN

Original source
https://www.ccn.com/dow-dives-100-points-as-walgreens-paves-way-for-brutal-earnings-season

Add comment

Please Sign in to be able to leave comments.