Visa and Amazon are big market movers – Yahoo News
Commercial sales advanced 5% as deliveries ramped up 7% to 181 aircraft from 169 last year. Military sales were down 5% from fewer aircraft and lower volumes across the system. Importantly, Boeing was awarded orders for 44 aircraft on the F-18 platform. The Shanghai Composite gained 0.1%, and the Hang Seng rose 0.8%. The Nikkei 225, however, was down 0.1%.
Gaming Stocks Get Brief Thrill From Nevada Monthly Winnings Report – Yahoo Finance
That’s one reason why stocks are melting up,” he said, attributing today’s lows to the weekend and geopolitical risks. Read More Investors are fed up with Amazon, says analyst Orders for long-lasting U.S. manufactured goods rose more than expected in June , pointing to momentum in the economy at the end of the second quarter. The report did not move stocks much in pre-market trading.
Economists had expected a 0.5% rise in the month. Stripping out the volatile transportation category, orders were up 0.8%. Actual shipments of durable goods fell 1% in June. At midday the S&P 500, Nasdaq and Dow were down 0.5%, 0.7% and 0.8% respectively. Stocks on the Move Questions about Amazon.com’s (AMZN) long-term profit potential will amplify following the firm’s second-quarter update provided late Thursday, where third-quarter forecasts calling for an operating loss between $810 million and $410 million overshadowed solid second-quarter metrics.
Stocks close lower, Dow posts biggest weekly decline in 7 weeks
Elsewhere in Nevada, things were less encouraging: Reno winnings fell three percent to $47.7 million. Sparks was down 0.7 percent to $9.5 million and Mesquite tumbled 6.5 percent to $7.6 million. Although shares generally spiked briefly on the news, by mid-morning the thrill was gone. Boyd Gaming (NYSE: BYD ) was up 1.8 percent to $10.94; MGM Resorts International (NYSE: MGM ) was up 0.85 percent to $26.20.
Stocks Lower After Earnings – Yahoo Finance
Pandora Media Inc., down $2.97 to $25.75 The music streaming company’s quarterly results beat expectations, but its guidance fell short and listener hours fell in June. WellCare Health Plans Inc., down $15.24 to $61.61 The managed-care services company reported a second-quarter loss and deeply cut is financial outlook, citing medical expenses. Swift Transportation Co., down $4.61 to $21.20 The trucking and freight company reported second-quarter profit that met Wall Street’s expectations but its revenue fell short. Nasdaq Amazon.com Inc., down $34.60 to $324.01 The online retailer reported a deeper-than-expected second-quarter loss as expenses outpaced an increase in revenue.
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