US major indices snap two day winning streak

The major US indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term are ending the day with declines.

The final numbers are showing:

• Dow industrial average down -1% or -0.33% at 30423.81
• S&P index down -24.82 points or -0.67% at 3695.15
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index down -91.8 points or -0.85% at 10680.52
• Russell 2000 down -30.20 points or -1.72% at 1725.75

The moves to the downside snap a 2 day win streak.

Tesla - after the close – is reporting higher earnings-per-share but revenues are light:

• earnings-per-share $1.05 vs. $1 expected
• revenues $21.45 billion vs. expected $21.96 billion
• Tesla shares are trading $-9.88 or -4.45% at $212.80

IBM earnings beat expectations on the top and bottom lines:

• Earnings-per-share $1.81 vs. $1.77 expected
• Revenues $14.1 billion vs. $13.51 billion expected
• IBM shares are up $6 or 4.97%

Lam Research earnings beat expectations:

• EPS $10.42 vs. $9.54 estimate
• revenues $5.07 billion vs. $4.91 billion estimate
• shares are trading at $341 up $10.92 or 3.31% in after-hours trading