Disappointing Earnings Are Weighing on the Market

Disappointing Earnings Are Weighing connected the Market

The latest net reports were a large resistance connected the banal marketplace connected Tuesday.

With the S&P 500 down 0.5%, its biggest laggards were a who’s-who of firms falling aft reporting results. The Dow was down 173 points, oregon 0.5%, portion the Nasdaq Composite was down 0.7%.

The biggest loser successful the S&P was Palantir Technologies, which was down astir 15% aft the software-maker’s net results past night. Vertex Pharmaceuticals, down astir 12%, was different net casualty, arsenic was DoorDash, down 9%.