HomeLifestyleRetailStock Market Today: META & AMZN Strength, INTC Weakness

Stock Market Today: META & AMZN Strength, INTC Weakness

The Dow Jones, S&P 500, Nasdaq-100, and Russell 2000 all ended higher. All eleven sectors closed higher on the day. Meta Platforms (META) closed 14% higher after releasing quarterly results that showed its year of efficiency is working. Intel (INTC) posted its largest quarterly loss in the company history, a 133% reduction in earnings per share. Amazon (AMZN) shares extended their rally post-market after swinging to a profit in the first quarter as sales rise. Tomorrow, look out for the Personal Income & Outlays data, as well as the Chicago PMI and Consumer Sentiment. Energy giant Exxon Mobil (XOM) and Chevron (CVX) will report earnings tomorrow. Tune in to find out more about the stock market today.

27 Apr 2023

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