"Stock Market Update: S&P 500 Hits New High, Dow Weighed Down by Earnings"

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Source: Yahoo Finance
"Stock Market Update: S&P 500 Hits New High, Dow Weighed Down by Earnings"
Photo: Yahoo Finance
TL;DR Summary

The S&P 500 hit a new high, with the Nasdaq also rising while the Dow fell due to earnings disappointments from companies like 3M. Consumer Staples and Communications Services were the biggest gainers, while D.R. Horton's weaker-than-expected quarterly orders impacted homebuilder stocks. Oil futures wavered as Libya restarted production and cold temperatures affected US production, and Netflix announced a partnership with TKO Group's WWE to bring Raw to its streaming service. Earnings reports from companies like 3M, General Electric, Johnson & Johnson, and Verizon drove market action, with some stocks rising and others falling.

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