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Stock impact report

Markets Fight Off Powell Rumor, Close in the Green [Yahoo! Finance]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Yahoo! Finance
A report that President Trump intended on firing Fed Chair Jerome Powell sent all major indexes into the loss column, but it was a temporary condition. Reports are currently that there is a letter drafted with which to relieve Powell of his duties as head of the Fed, but the president has since said he does not intend to send it. To make a long story short, the Dow closed up +231 points this Hump Day, +0.53%, while the S&P 500 grew +19 points, +0.32%. The Nasdaq was up a similarly modest +52 points, +0.25%, while the small-cap Russell 2000 gained +21 points, +0.99% on the session. Bond yields were drifting in opposite directions today: the 10-year moved back up to +4.45% while the 2-year slid down to +3.89%. Also, the 30-year yield has crept back up over +5% once again: +5.01%. Major airline United UAL reported Q2 earnings after today's closing bell, missing on both top and bottom lines — its first earnings miss since 2022. Earnings of $2.97 per share came up short of the $3.86 in Show less Read more
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