AllMarket Update
logoArgusApril 28, 2021

Market Update: AMD, AMP, COF, CVS, JNPR, PKG, SBUX, TXN, TSLA, ELAN

Sector(s)
Financial Services, Technology, Healthcare, Consumer Cyclical
Summary

Stocks were largely flat on Wednesday morning as investors weighed mixed earnings reports and awaited the Federal Reserve's policy announcement this afternoon. Boeing shares fell following a wider-than-expected first-quarter loss, though the company also reported a strong increase in aircraft deliveries. Microsoft shares also fell despite better-than-expected sales and earnings. The Dow fell 0.3%, the S&P rose 0.1%, and the Nasdaq fell 0.2%. Crude oil traded near $64 per barrel, while gold fell $6 to $1773 per ounce.

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