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Stock impact report

Stocks slip, hurt by weakness in banks [Los Angeles Times (CA)]

Alliance Data Systems Corporation (ADS) 
Last alliance data systems corporation earnings: 4/23 07:30 am Check Earnings Report
Stocks slip, hurt by weakness in banks U.S. stock indexes slipped Monday, weighed down by sinking bank stocks, and the benchmark Standard & Poor’s 500 index had its third daily loss in the last three weeks. Goldman Sachs had one of the largest drops in the S&P 500 after describing a “muted start to the year,” even though its first-quarter earnings still beat analysts’ expectations. Citigroup slipped after its own earnings report. Banks are leading off an earnings-reporting season that analysts expect to be the weakest in nearly three years. The S&P 500 slipped 1.83 points, or 0.1%, to 2,905.58. The Dow Jones industrial average slipped 27.53 points, or 0.1%, to 26,384.77, and the Nasdaq composite edged down 8.15 points, or 0.1%, to 7,976.01. The Russell 2000 index of small-cap stocks fell 5.63, or 0.4%, to 1,579.17. The S&P 500 is still within 0.9% of the record high it set in September. It has had a torrid start to the year after the Federal Reserve said it may not raise interest rate Show less Read more
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