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Stock Market Retreats; Trump Tariffs Slam Alcoa [Investor's Business Daily]

ALCOA (AA)  More Company Research Source: Investors Business Daily
Last alcoa earnings: 7/18 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF Related news U.S. stock indexes retreated after the opening bell, as the Nasdaq and the S&P 500 lingered just off recent highs. The Nasdaq slipped 0.1%, while the S&P 500 and the Dow Jones industrial average lost 0.2% each. The small-cap Russell 2000 rose 0.3%. Among other indexes, the Dow Jones utility average advanced 0.5%. Volume was down on the NYSE and up on the Nasdaq compared to the same time in the previous session. Rail operator Canadian Pacific Railway ( CP ) reported blowout earnings after the close Wednesday. The company's adjusted earnings exceeded the Street's consensus estimate by almost 34%. Revenue rose 5%, according to William O'Neil + Co. calculations. Canadian Pacific's stock rushed about 2% higher in fast trade early. Alcoa ( AA ) also reported after Wednesday's close. The stock slammed 6% lower despite topping earnings estimates by about 15%. Alcoa, an aluminum miner, cut its full-year profit estimate. CEO Roy Harvey said President Trump's tariffs are creating a [Read more]

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