The Dow Jones Industrials dumped 118.19 points to 37,680.78.
The much-broader index recovered 24.93 points to 5,026.48.
The NASDAQ sank 132.1 points to 15,733.09.
United Airlines climbed more than 13% after posting a narrower-than-expected loss and beating on revenue. J.B. Hunt Transport Services fell more than 7% after missing analysts’ expectations on the top and bottom lines.
The new earnings season is off to a promising start. While less than 10% of S&P 500-listed companies have reported financials so far, more than three out of every four have surpassed Wall Street expectations.
The new earnings season is off to a promising start. While less than 10% of S&P 500-listed companies have reported financials so far, more than three out of every four have surpassed Wall Street expectations.
Prices for the 10-year Treasury gained ground, dropping yields to 4.61% from Tuesday’s 4.66%. Treasury prices and yields move in opposite directions.
Oil prices let go of $2.01 to $83.35 U.S. a barrel.
Gold prices lost $8.80, to $2,399.00 U.S. an ounce.