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Stocks slip ahead of a busy week for company earnings news - Black News Channel

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By KEN SWEET and DAMIAN J. TROISE AP Business Writers U.S. stocks fell in morning trading Monday after initially making gains following a report that China's economy grew at a 5% annual rate in the last quarter. Investors are also preparing for a busy week of corporate earnings reports. Procter & Gamble, Netflix and IBM are a few of the larger companies that will reveal the extent of the virus pandemic's impact during the most recent quarter. The benchmark S&P 500 fell 0.5% as of 11:23 a.m. Eastern. The Dow Jones Industrial Average of big blue chips was down 0.4%, […]

The post Stocks slip ahead of a busy week for company earnings news appeared first on Black News Channel.

Source: Black News Channel - Black News Channel
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United States Facts

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