Wednesday’s session closed in the red zone. AT&T and Verizon Communications traded lower on the Dow while biotech brand Amgen pressured the Nasdaq. Stocks slipped amid news of a decrease in home sales.
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Stocks stepped up on Tuesday. Brands gained on earnings news. Netflix jumped 7 percent today following the release of better-than-expected results released after the closing bell on Monday.
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Indices closed in the green zone on Monday. Stocks gained amid the release of better-than-expected earnings news from companies such Halliburton and Kimberly-Clark.
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Trading action ended flat in Thursday’s session. The Dow closed fractionally lower while the S&P 500 and Nasdaq added slight gains. General Electric stepped up following the release of stronger-than-anticipated quarterly data.
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Wednesday’s session ended with gains. Stocks stepped up amid a deluge of economic news. Comments from the Beige Book report, which covered progress from mid-February through March, showed economic activity increased in most regions of the country with an upswing in consumer spending thanks to improved weather conditions.