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Stock impact report

S&P 500, Dow slip on trade worries, but end off of lows [Reuters]

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
Company Research Source: Reuters
S&P; 500, Dow slip on trade worries, but end off of lows | Reuters 4 Min Read (Reuters) - The S&P; 500 and Dow industrials ended slightly negative but well above their session lows in volatile trading on Thursday as the arrest of a Chinese technology executive fanned fears of U.S-China tensions over trade, while some beaten-up big technology and internet shares posted gains. Following a rare midweek U.S. trading holiday, stocks tumbled at the outset of the trading, with the benchmark S&P; 500 dropping as much as 2.9 percent. But from midday stocks began paring their losses and the tech-heavy Nasdaq ended in positive territory. “The market had gotten way oversold,” said Gary Bradshaw, senior vice president and portfolio manager at Hodges Capital Management in Dallas. “Investors looked up and saw they could buy good companies at much cheaper valuations than they could a couple of months ago.” The initial selling followed news that the chief financial officer of telecom equipment maker H Show less Read more
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