* Kansas City Southern (KSU) surges on bid from Canadian National. * Nike (NKE) falls as Citi downgrades stock. * CBOE volatility index hits three-week high. * Indexes down: Dow 0.64%, S&P 0.66%, Nasdaq 0.91% By Shivani Kumaresan and Medha Singh.
U.S. stocks slipped Tuesday, on track to extend their losses as investors assess blue-chip companies' profits and sales prospects. The Dow Jones Industrial Average dropped 0.9%, while the S&P 500 fell 0.8% and the Nasdaq Composite lost 1.1%. All three indexes also declined Monday, breaking a recent winning streak.
The dollar steadied on
Tuesday amid a mix of gains and losses against major currencies
as interest rates in the United States moved in a tight range
and the outlook for vaccinations in Europe improved.
* European stocks 1.2% weaker. * Focus on U.S. tech earnings. * Dollar near lowest in nearly seven weeks. * Oil, copper prices higher. * Global asset performance http://tmsnrt.rs/2yaDPgn. * World FX rates http://tmsnrt.rs/2egbfVh. By Tom Arnold.
-Wall Street's main indexes fell for a second straight day on Tuesday as a global spike in coronavirus cases hit travel stocks and investors had second thoughts about big U.S. banks' apparently stellar earnings last week.
Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit travel-related shares and investors had second thoughts about big U.S. banks' apparently stellar earnings last week.
U.S. stock futures wobbled Tuesday ahead of a bumper day of earnings reports from blue-chip companies. Futures on the S&P 500 and the Dow Jones Industrial Average ticked up less than 0.1%. Technology-heavy Nasdaq-100 futures rose 0.1%, a day after faltering tech companies dragged major indexes lower.
* BATS post worst session in a year. * AMS slumps 13% on reports it lost some Apple business. * Danske Bank slides on U.S. lawsuit. * IBEX down 3%, worst session since December. By Sruthi Shankar and Susan Mathew. European shares lost nearly 2% on Tuesday, after hitting record highs a day earlier, as tobacco companies weighed on London stocks and many regional indexes edged off pre-pandemic highs.
* European stocks 0.6% weaker. * U.S., euro zone yields higher. * Dollar hits lowest in nearly seven weeks. * Global asset performance http://tmsnrt.rs/2yaDPgn. * World FX rates http://tmsnrt.rs/2egbfVh. By Tom Arnold and Alun John.
European shares pulled back on Tuesday after hitting record highs a day earlier, as tobacco companies weighed on UK stocks and many regional indexes edged off pre-pandemic highs.
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