U.S. stocks edged higher on Wednesday as investors shrugged off lackluster quarterly reports from industrial bellwethers Boeing Co and Caterpillar Inc , though a lower-than-expected revenue outlook from Texas Instruments Inc sent chipmakers' shares lower.
Ford Motor Co on Wednesday cut its forecast for operating profit for the year after a disappointing third quarter that Chief Executive Jim Hackett blamed on higher warranty costs, bigger discounts and weaker than expected performance in China.
Johnson & Johnson on Wednesday lowered its previously reported third-quarter profit by $3 billion to account for a proposed opioid settlement payment.
Facebook Inc CEO Mark Zuckerberg conceded on Wednesday that the company's planned digital currency Libra was a "risky project," but sought to reassure skeptical U.S. lawmakers that it could lower the cost of electronic payments and open up the global financial system to more people.
Microsoft Corp on Wednesday forecast sales for its cloud computing services that topped analysts' estimates, even as quarterly growth slows for its Azure business.
PayPal Holdings Inc reported a better-than-expected quarterly profit on Wednesday as more people used its payment processing platform to make transactions and forecast full-year adjusted profit above Wall Street estimates.
Amazon.com Inc said on Wednesday it bought healthcare start-up Health Navigator, its second purchase in the healthcare services industry.
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Disclaimer
Funds are ranked in order of their 3 Year Total Return Annualized Performance (Daily)
Duplicate funds have been removed so not show multiple share classes, so funds with the highest total net assets are ranked.
Data provided by Lipper
About Lipper Ratings - Lipper Ratings for Total Return reflect funds' historical total return performance relative to peers. Lipper Ratings DO NOT take into account the effects of sales charges. Overall Lipper Ratings are based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable).
| S&P » | 3,004.52 | +0.28% |
| Dow » | 26,833.95 | +0.17% |
| FTSE 100 » | 7,260.74 | +0.67% |
| Nikkei 225 » | 22,625.38 | -- |
| US 10YR |
+1.768
|
+0.002 |
| DE 10YR |
-0.388
|
+0.009 |
| JP 10YR |
-0.139
|
-0.001 |
| USD / EUR » | 0.8982 | -0.01% |
| USD / GBP » | 0.7739 | -0.01% |
| USD / JPY » | 108.6200 | -0.06% |