Stocks Mixed as Earnings Start, Consumer Sentiment Sinks
-
The stock market held steady Friday with mixed results, as consumer sentiment sunk and earnings season began. The Nasdaq fell hardest, down 1.2%.
-
Consumer sentiment plunged in October to lowest since May, well below estimates, rattling markets.
-
Major banks kicked off earnings season. JPMorgan and Wells Fargo beat forecasts, Citigroup met them.
-
Travel stocks hit hard as Israel-Hamas conflict intensified. Norwegian Cruise, Carnival, Royal Caribbean all fell.
-
Language app Duolingo plunged 8.6% on profit taking after hitting 52-week highs earlier in the week.