Stocks Slip as Earnings Dampen Markets Ahead of CPI Report
Wall Street extended losses on Tuesday with the S&P 500 down 0.4 percent, the Dow off 0.2 percent, and the Nasdaq 1.2 percent lower as investors digest weak earnings. Nvidia and Micron led tech declines while Norwegian Cruise Line tumbled on soft results. Nielsen jumped after news of a potential private equity deal. Bond yields rose with the 10-year at 2.79 percent ahead of inflation data and Fed guidance.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
Sameer Samana
Wells Fargo Investment Institute
FactSet
Fed
Samana
U.S. Labor Department
Michael Landsberg
Landsberg Bennett Private Wealth Management
U.S
Chipmaker Micron Technology
Nvidia
Expedia
American Airlines
Disney
Wendy’s
Wynn Resorts
Nielsen
Treasury
Legal thresholds for mishandling classified information examined
Legal experts note federal laws require handling all classified material with care and cite factors shaping charges. Analysts stress that actions like intentional mishandling, vast exposure, disloyalty, or obstruction drive prosecutions, with past cases showing varying outcomes.
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Hillary Clinton
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David Petraeus
Appeals court rules Congress can access Trump tax records
A three judge panel of the DC Circuit affirmed a lower court ruling that the House Ways and Means Committee may obtain Donald Trump tax returns from the Treasury. The decision rejects claims the request exceeds Congress investigative power and notes the records could be disclosed promptly to begin IRS audit oversight.
MENTIONED IN THIS ARTICLE
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Trump
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Richard Neal
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Steven Mnuchin
Mnuchin
Joe Biden
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Cyrus Vance Jr
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Alvin Bragg
Bragg
FBI
Mar-a-Lago
Vladeck
Laufman
Eric
Fox News
Viadeck
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