As expected, earnings controlled Wall Street’s sentiment today, with a slew of lackluster big-name reports pushing the Dow off its fresh peak and down triple digits, alongside the Nasdaq. The S&P 500 trailed with a loss of its own. Today’s biggest drivers were blue chips and tech, including United Health (UNH), which pulled back 8.1%. Conversely, the VIX managed to claw its way back above 20.
OIL PLUMMETS TO 2-WEEK LOWS
Oil plunged to two-week lows, after Israel stated it will not endanger Iranian oil reserves. November-dated West Texas Intermediate (WTI) crude fell $3.70, or 5%, to settle at $70.13 per barrel for the session.Gold futures moved higher Tuesday, riding on the back of an easing 10-year Treasury yield. Gold for December delivery added 0.7% to trade at $2,683, at last check.More By This Author:Stocks Cool Off As Nasdaq Sheds Triple Digits Major Indexes Finish Higher As Earnings Season Sets In Stocks Push Higher As S&P 500 Nabs New Record
