Wednesday 28 October 2020: US equity markets modestly weaker as investors digested another slew of quarterly corporate earnings releases
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US equity markets modestly weaker as investors digested another slew of quarterly corporate earnings releases - Dow down -222-points or -0.80% . The broader S&P500 -0.30% to 3,390.68, logging its first close below 3,400 since 6 October. Industrials (down -2.18%) and Financials (-1.91%) led eight of the eleven primary sectors lower. The technology-centric Nasdaq outperformed with a +0.64% gain. The chief executives of Alphabet Inc’s (up +0.87%) Google, Facebook Inc (+2.23%) and Twitter Inc
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