By Heard Editors
What Happened in Markets Today
Stocks lose steam. Despite a strong opening, U.S. stocks lost momentum as the day wore on, with major indexes closing in the red. The Dow slipped 156 points while the S&P 500 declined by 0.2%.
Banks are making bank on the fear trade. Bank of America and Citigroup are the latest banking giants to report a strong boost in trading revenue during the first quarter, as investors scrambled to position ahead of new tariffs. The two stocks rose 3.6% and 1.8% respectively on Tuesday.
Boeing caught in trade war escalation. The aircraft maker's shares lost more than 2% Tuesday-leading decliners on the Dow-after the Chinese government told airlines there not to order any new Boeing jets.
Netflix sees a big show ahead. The streaming giant has plans to get much bigger, with internal goals aiming for a doubling of revenue by 2030, according to a Wall Street Journal report. Netflix shares jumped nearly 5% Tuesday.
This analysis comes from the Journal's Heard on the Street team. Subscribe to their free daily afternoon newsletter here.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 15, 2025 17:00 ET (21:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。