Major U.S. stock-indexes lower in late morning trading on Tuesday as revenue at IBM and United Technologies weighed on the Dow and the S&P 500 and investors awaited results from tech giants including Apple and Microsoft. IBM's shares fell as much as 5.5%, a day after the company's revenue fell for the 13th consecutive quarter. United Technologies fell as much as 7.9% and was the biggest loser on the Dow, after the company cut its full-year profit outlook.
Most of Dow stocks in negative area (22 of 30). Top looser - United Technologies Corporation (UTX, -7.68%). Top gainer - Chevron Corporation (CVX, +1.03).
Most of S&P index sectors also in negative area. Top looser - Industrial Goods (-1.1%). Top gainer - Basic Materials (+0.8%).
At the moment:
Dow 17816.00 -187.00 -1.04%
S&P 500 2112.75 -9.25 -0.44%
Nasdaq 100 4665.75 -5.50 -0.12%
10 Year yield 2,36% -0,02
Oil 50.69 +0.25 +0.50%
Gold 1105.10 -1.70 -0.15%
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