The US major indices are ending the day with declines on the day in an up and down session. The Dow led the declines thanks to a sharp decline in Caterpillar shares after their earnings report disappointed. Caterpillar shares fell $11.35 or -5.82% at $183.51. Other losers today in the Dow included:
- Boeing -3.46%
- Intel, -2.57%
- Visa, -2.43%
- Nike, -2.22%
A look at the final closing numbers shows:
- Dow fell -402.25 points or -1.23% at 32396.18
- S&P fell -27.44 points ro -0.67% at 4091.20
- Nasdaq fell -20.21 points or -0.16% at 12348.77
- Russell 2000 fell -0.86 points or -0.05% at 1882.44
After the close:
AMD is disappointing:
- EPS $1.05 vs $1.03 et
- Rev 6.55B vs 6.53B est
The bad is that they guided lower for the Q3 at 6.5 to 6.9B vs 6.81B
Starbucks earnings:
- EPS. $0.84 vs $0.75
- Rev $8.15B vs $8.11B est.
Paypal
- Rev 6.8B vs 6.78B est
- EPS $0.93 vs $0.86 est