NEW YORK (CNNMoney)
The Dow Jones industrial average, S&P 500, and Nasdaq all gained less than 0.1%.
On Monday, the Dow and S&P 500 both rose about 0.2% to record closing highs.
"Yesterday, we had another day of new record highs and I expect that today the market is headed for a mixed session ahead of Mr. Bernanke's statement tomorrow," said Peter Cardillo, chief market economist at Rockwell Global Capital.
Investors are waiting for Bernanke's semi-annual testimony to Congress on monetary policy Wednesday. They will keep an eye on corporate earnings Tuesday as a number of big firms report quarterly results.
Coca-Cola (KO, Fortune 500) shares slipped 2% after the company reported a drop in profit from a year earlier.
Goldman Sachs (GS ) shares notched up 1.5% after the Wall Street firm said that its quarterly earnings doubled from a year earlier, with a boost from investment banking.
Johnson & Johnson (JNJ, Fortune 500) shares were flat after the healthcare company announced a jump in quarterly sales but a decline in earnings.Yahoo (YHOO, Fortune 500) will report its second-quarter results after the market close.
Related: Fear & Greed Index, still greedy
Cintas (CTAS) was down in after-hours trading after narrowly missing analyst expectations for its fourth quarter earnings.
In economic news, the Consumer Price Index increased 0.5% in June, according to the U.S. Bureau of Labor Statistics. Economists had expected the government's key inflation measure to rise 0.3%.
On the international front, European markets were mixed in morning trading.
Asian markets ended mostly higher. The Shanghai Composite index added 0.3%, Tokyo's Nikkei jumped up by 0.6% after returning from a long weekend, and Hong Kong's Hang Seng index was flat.
Chinese search engine Baidu is reportedly planning to buy a Chinese app store for $1.9 billion.
First Published: July 16, 2013: 9:48 AM ET
Anda sedang membaca artikel tentang
Stocks: Holding onto record highs
Dengan url
https://sepakgajah.blogspot.com/2013/07/stocks-holding-onto-record-highs.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks: Holding onto record highs
namun jangan lupa untuk meletakkan link
Stocks: Holding onto record highs
sebagai sumbernya
0 komentar:
Posting Komentar