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Markets Lower Amid Mixed Earnings Ahead of Apple, Facebook

August 14, 2023
in Trade Tube
Reading Time: 1 min read
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Markets closed lower Wednesday, ending the S&P’s longest winning streak since last September. Earnings were mixed with all eyes to Apple and Facebook after the closing bell – results expected to set the tone for markets on Thursday. Apple has fallen around 5% this year amid tepid iPhone and iPad sales. Ukraine tensions continue while Chinese economic data was poor. New U.S. home sales plunged in March, adding to the negative tone. Jane Searle speaks with Matt Cheslock at the NYSE.

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