US Market's Three Major Indices End Mixed Amidst Earnings Reports
CryptoNewsTerminal Staff03 Jun, 2024
US Market's Three Major Indices End Mixed Amidst Earnings Reports
The three major US stock market indices closed in mixed territory on Wednesday as investors digested a slew of corporate earnings reports. The S&P 500 index added 0.11%, the NASDAQ rose 0.56%, while the DOW JONES declined by 0.30%. Among the notable movers, shares of Alphabet (GOOGL) jumped 7.3% after the tech giant reported better-than-expected earnings. In contrast, shares of Boeing (BA) fell 4.5% following a disappointing earnings report. Overall, the mixed closing was attributed to a combination of positive earnings surprises from some companies and weaker-than-expected results from others. Investors remain cautious as they await further earnings reports in the coming days.
