"Stocks Hold Steady as Markets Await Inflation and Earnings Data"

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Source: Investopedia
"Stocks Hold Steady as Markets Await Inflation and Earnings Data"
Photo: Investopedia
TL;DR

The Nasdaq rebounded as Treasury yields retreated, with gold hitting a record high, while U.S. stocks closed mostly higher. Google's Cloud Next conference kicked off, and Tilray stock plummeted after an earnings miss and reduced guidance. Health care stocks experienced their largest weekly outflows since 2008, and Boeing reported its fewest quarterly deliveries since 2021. Norfolk Southern reached a $600 million settlement over a 2023 derailment, and Tesla settled a wrongful death lawsuit related to a 2018 autopilot car accident.

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