Wall Street drifts lower as momentum slows for U.S. stocks
- Wall Street stock indexes drifted lower on Thursday, with the S&P 500 down 0.21% and the Dow Jones Industrial Average losing 68 points, or 0.16%.
- J.B. Hunt Transport Services saw a 9% drop in stock after fourth-quarter earnings missed expectations, impacting Old Dominion Freight Line by 2%.
- Despite Thursday's losses, all three indexes are still on track to end the week higher, with more bank earnings expected soon.
- CEO Ted Pick noted that investment banking improved in the quarter, while Taiwan Semiconductor's profit surged 57% due to the AI boom.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left4Leaning Right2Center5Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
46% Center
L 36%
C 46%
R 18%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
