Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.

Indicators

Upbeat earnings lift markets to higher open

By: MarketMinute.com Market Updates

April 25, 2018 at 10:53 AM EDT

Upbeat earnings lifted the markets to a higher open with the Dow gaining 46 points to 24,070. Nasdaq added 2 points to 7009.

On the upside

Six Flags (NYSE: SIX) reported a smaller than expected loss for the first quarter as revenue rose.

First quarter earnings and revenue rose for Norfolk Southern (NYSE: NSC).

Robert Half International (NYSE: RHI) reported higher first quarter earnings and revenue.

On the downside

Teradyne (NYSE: TER) reported higher first quarter earnings and revenue but the company warned of challenging headwinds and cut its second quarter guidance.

First quarter earnings slipped for New York Community Bancorp (NYSE: NYCB).

Twitter (NYSE: TWTR) swung to a greater than expected profit for the first quarter but the company cautioned about slowing growth in the second half of the year.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 2,634. Bitcoin crashed $490 to $8,978.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security. All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.
Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.