Nasdaq hurt the most. Alphabet earnings beat

The major US stock indices are ending the lower. However there was a late day bounce that cut into some of the losses.

  • The S&P rose 0.16 points or 0.01% at 2670.29.
  • The NASDAQ close down -17.52 points or -0.25% at 7128.60
  • The Dow industrial average fell -14.25 points for my 0.06% at 24448.69

Alphabet. EPS $9.93 vs $9.28 est

Revenues 31.15 billion versus 30.29 billion estimate

Stock rises after the close, up $36 or 3.37 at $1110. Stock price is volatile.

UPDATE; GOOGL is now down -$4.81 or -0.45%. Upon reflection the operating profits were perhaps not as great suggesting that the gains were mainly tax related.