S&P 500 and Nasdaq Edge Lower After Reaching Record Highs
Major US indices retreated from record highs as investors weighed mixed earnings and Middle East diplomacy. PepsiCo rose on profits while Abbott shares fell.
Xurve View
Insights:
Xurve View
Major indices in the United States reached new intraday record highs on Thursday before retreating as the initial momentum of the recent rally began to fade. Investors are currently navigating a complex environment defined by shifting geopolitical tensions in the Middle East and a busy corporate earnings calendar.
