Stock market ends lower after disappointing results from Twitter, bellwethers

collected by :Haron Adler

As it stated in Read what happened to these people firstMarket SnapshotStock market ends lower after disappointing results from Twitter, bellwethersDow, S&P 500 log longest stretch of weekly gains since JanuaryU.S. stocks closed lower Friday following disappointing results from Twitter Inc. and bellwethers, including Exxon and Intel. While Alphabet reported strong results, Netflix disappointed earlier this season. Twitter Inc. TWTR-20.54% tumbled 21% after it reported its second-quarter results and gave a third-quarter outlook that was below forecasts. Shares fell 0.4%. Starbucks Corp. SBUX+1.36% SBUX+1.36% climbed 1.4% after the coffee company produced results late Thursday that largely met Wall Street's expectations.

Stock market newbie Spotify hits targets, plays down challenges

A Reuters poll showed analysts already expecting 207 million users, on average. Management reiterated its focus on rapid growth in global market share and entry into emerging markets rather than on short-term profitability. Spotify's $26 billion stock market debut in April was the most highly scrutinized technology IPO since that of Snapchat owner Snap last year. ADVERTISEMENTIt is the first European company to take on major U.S. tech rivals - Apple, Amazon and Google - on the global stage. Its unorthodox direct market listing, bypassing investment banks, also made for rocky trading in its first few weeks.

Stock market continues to ignore threats from trade war

as informed in Such optimism about technology and small-cap stocks is largely due to a perception that they are insulated from potential trade wars. According to FactSet's Senior Earnings analyst John Butters, 17% of the S&P 500 companies have reported so far, with 87% of them beating profit estimates and 77% beating revenue forecasts. Meanwhile, economic data have also been positive, showing healthy job gains and inflation rates in line with Federal Reserve's desired target of 2%. Helping boost such attitudes are positive earnings and economic data. Next week, 174 S&P 500 companies are expected to report their financials, including 11 Dow components.

Stock market gets Wall Street vote of confidence even as jitters over trade loom

Read what happened to these people firstMarket SnapshotStock market gets Wall Street vote of confidence even as jitters over trade loomMidterms could clear way for renewed rally: strategistHeadlines flashing warnings about trade wars and potential recessions abound, but stocks remain relatively resilient. A number of prominent Wall Street strategists remain sanguine about the outlook for U.S. equities, looking beyond the multitude of headwinds that have come to comprise the 2018 wall of worry. Here's whyThe Dow Jones Industrial Average DJIA-0.3% rose 0.4% to 24,456.48 and the S&P 500 SPX-0.66% gained 0.9% to 2,759.82. Uncertainty has been on the rise as President Donald Trump clashes with major U.S. trade partners. He expects the market to start picking up steam around October, in line with past midterm years.