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04-25-2018, 04:41 PM
Wall St ekes out small gain as earnings offset cost worries

Wall Street limped into positive territory on Wednesday on optimism over a spate of upbeat earnings that was nearly offset by jitters over rising U.S. bond yields and corporate costs. The S&P 500 and the Dow Jones Industrial Average ended up after a choppy session, with the Dow ending a five-day losing streak, but the Nasdaq posted its fifth straight loss, weighed down by technology stocks. "Investors are aware that the tax cuts have certainly boosted earnings and they have also seen an increase in top line growth," said Bernard Baumohl, chief global economist at the Economic Outlook Group in Princeton, New Jersey.

https://finance.yahoo.com/news/dow-opens-slightly-higher-industrial-140145967.html?.tsrc=rss