Wall Street ends down as Apple weighs
U.S. stocks ended lower on Tuesday after mixed earnings from Morgan Stanley and Goldman Sachs pressured banks, and as sell-offs in Boeing and Apple weighed on the S&P 500.
Morgan Stanley ( $Morgan Stanley (MS.US)$ ), opens new tab tumbled 4.2% to a more than one-month low after it posted a lower quarterly profit, while Goldman Sachs' (GS.N), opens new tab stock ended 0.7% higher after it reported a 51% rise in profit.
The S&P 500 banks index, opens new tab dipped 1.2% to an over one-month low after other major U.S. banks reported lower profits on Friday.
Morgan Stanley ( $Morgan Stanley (MS.US)$ ), opens new tab tumbled 4.2% to a more than one-month low after it posted a lower quarterly profit, while Goldman Sachs' (GS.N), opens new tab stock ended 0.7% higher after it reported a 51% rise in profit.
The S&P 500 banks index, opens new tab dipped 1.2% to an over one-month low after other major U.S. banks reported lower profits on Friday.
- Morgan Stanley profit falls on one-time charges
- Apple slips after offering rare iPhone discounts in China
- Traders pare March rate-cut bets after comments by Fed's Waller
- S&P 500 -0.37%, Nasdaq -0.19%, Dow -0.62% $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$
- Apple slips after offering rare iPhone discounts in China
- Traders pare March rate-cut bets after comments by Fed's Waller
- S&P 500 -0.37%, Nasdaq -0.19%, Dow -0.62% $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$
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