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US stocks are off to a mixed start as more earnings reports roll in
['Associated Press']
WWAYTV3WWAYTV3
US stocks are off to a mixed start as more earnings reports roll inus stocksNEW YORK (AP) — Stocks are off to a mixed start on Wall Street as more company earnings reports roll in.
The S&P 500 was essentially flat early Thursday.
On Wednesday, the S&P 500 slipped 0.2% from an all-time high and the Dow industrials rose 0.5%.
Overall, the market has been rising as companies head into the closing stretch of their latest round of earnings reports with sharp overall gains.
Three-quarters of the companies within the S&P 500 have reported results so far, and Wall Street expects profit growth of 50% when they are all finished.