Wall St ends flat as investors digest yields, earnings

Quick Summary:

US stocks ended little changed on Tuesday, but the Nasdaq eked out a modest gain while investors kept an eye on Treasuries yields and awaited more earnings to assess the health of American companies.

Meanwhile, General Motors leapt 9.81% after the legacy carmaker's third-quarter results beat Wall Street estimates, while Lockheed Martin dipped 6.12% after results.

On the corporate front, GE Aerospace slumped 9% despite raising its profit forecast for 2024, as persistent supply constraints impacted its revenue.

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Category: EconomyBusiness

Markets: Malaysia

Topics: MarketVolatility NasdaqGain TreasuryYields TechSector USStocks EarningsSeason InterestRates /Business/ FederalReserve Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 07:22:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 627 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23208612

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Coverage Areas: Malaysia

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