Stock Market Overview
Stocks Recover Early Losses on Strong Corporate Earnings
The S&P 500 Index ($SPX) (SPY) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.14%.Â
US stock indexes this morning recovered from early losses and are slightly higher on some positive corporate earnings results. Vistra Corp is up more than +9% after reporting better-than-expected Q1 adjusted Ebitda. Also, Arista Networks is up more than +6% after reporting stronger-than-expected Q1 adjusted EPS. Lyft is up more than +8% after reporting better-than-expected Q1 gross bookings and forecasting Q2 gross bookings above consensus.
On the negative side, Uber Technologies is down more than -8% after reporting Q1 gross bookings below the consensus and forecasting weaker-than-expected Q2 gross bookings. Also, Match Group is down more than -5% after forecasting Q2 revenue below consensus.  In addition, Broadridge Financial Solutions is down more than -4% after reporting Q3 revenue below consen... Read more
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