NEW YORK: The S&P 500 and Nasdaq surged to fresh records on Wednesday (Jul 24) but the Dow retreated after Boeing and Caterpillar slumped on ...
NEW YORK: The S&P 500 and Nasdaq surged to fresh records on Wednesday but the Dow retreated after Boeing and Caterpillar slumped on disappointing earnings.
Analysts said investors were taking a wait-and-see view of the newly-announced probe, in part because any action by the government to break up any of the tech giants would take time. He said big gains by companies after good earnings reflects underlying confidence bordering on complacency.
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