S&P 500, Dow closes lower after bank earnings, inflation data

S&P 500, Dow closes lower after bank earnings, inflation data – Mail Bonus

The S&P 500 index added its first losses to close moderately lower on Thursday after investors digested disappointing quarterly results of two major US banks and hotter-than-expected inflation information. Initially, all three major US stock indices sold significantly following the second-quarter earnings of JPMorgan Chase & Co and Morgan Stanley. Both reported declining profits and …

S&P 500, Dow closes lower after bank earnings, inflation data

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