Stock Market Today: CSCO, WMT, AMAT Weakness

The Dow Jones and Russell 2000 ended lower, while the Nasdaq-100 and S&P 500 ended higher. Seven of the eleven S&P 500 sectors ended higher, with communication services up by the most. Cisco Systems (CSCO) plummeted although earnings beat, markets traded on the company cutting its full-year 2024 guidance. Walmart (WMT) fell during the trading day on a surprise guidance cut and warning about softer consumer spending. After the close, Applied Materials (AMAT) reported earnings and revenue that beat analysts' estimates, yet shares were impacted as a criminal investigation looms over the stock. Tune in to find out more about what to watch tomorrow and the stock market today.

16 Nov 2023

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