File - In this Oct. 2, 2014 photo, the statue of George Washington on the steps of Federal Hall faces the facade of the New York Stock Exchange. (AP Photo/Richard Drew)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
U.S. stocks pared gains amid a rally in commodity producers and better-than-forecast earnings from Goldman Sachs Group Inc. to UnitedHealth Group Inc., as disappointing results from IBM Corp. and Netflix Inc. weighed on sentiment.Trading in S&P 500 shares was 11 percent above the 30-day average for this time of the day.IBM Corp. retreated 6 percent, the biggest drop since January, as its second-quarter profit estimate was short of projections. Philip Morris International Inc. lost 1.6 percent after its profit fell short of estimates.With only about 10 percent of S&P 500 members having reported, 58 percent have exceeded revenue forecasts while 83 percent have beaten earnings predictions.
FOLLOW THIS ARTICLE