scorecard
  1. Home
  2. stock market
  3. Stocks are all over the place

Stocks are all over the place

Akin Oyedele   

Stocks are all over the place
Stock Market1 min read

man fall greasy pole gostra

REUTERS/Darrin Zammit Lupi

Stocks are all over the place.

Near 11:20 am ET, the Dow was up 35 points, the S&P 500 was up less than 1 points, and the Nasdaq was down 17 points.

Earlier in the session stocks quickly fell deep into negative territory before rebounding.

Wall Street earnings season kicked off earlier, with JPMorgan and Wells Fargo beating analysts' estimates on earnings and revenue.

Pharmaceuticals giant Johnson & Johnson beat analysts' projections for profits, and slashed its full year guidance due to negative impacts from the strong dollar.

In economic data, March retail sales missed expectations, climbing 0.9%, and 0.5% on a "core" basis excluding auto and gas sales.

And, producer prices climbed 0.2% month-over-month in March as expected. Excluding food and energy, core PPI climbed 0.2%; economist were looking for a 0.1% increase.

NOW WATCH: Here's what it takes to be President Obama's right-hand man

READ MORE ARTICLES ON


Advertisement

Advertisement