US STOCKS-Wall Street set to snap 3-day win streak as financials weigh

U.S. stocks eased on Tuesday after three sessions of strong gains, weighed by declines in financial companies, while better-than-expected results propped up retailer Home Depot. “Today just looks like a digestion day of recent gains and there is not a lot of news that would swing the market wildly in either direction,” said Aaron Clark, portfolio manager at GW&K Investment Management in Boston, Massachusetts. Losses on the blue-chip Dow and the S&P 500 indexes were tempered by a 3.9% rise in Home Depot Inc, after the company’s quarterly profit beat estimates.

source https://finance.yahoo.com/news/us-stocks-wall-street-set-144037005.html?.tsrc=rss

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.