- Title: Wall Street slips after Brexit vote
- Date: 22nd October 2019
- Summary: NEW YORK, NEW YORK, UNITED STATES (OCTOBER 22, 2019) (REUTERS) (SOUNDBITE) (English) WINTHROP CAPITAL MANAGEMENT, PRESIDENT AND CHIEF INVESTMENT OFFICER, GREG HAHN, SAYING: "We're surprised on the upside. We're surprised at the strength of the earning. We thought earnings would be ratcheted down, and expectations have been reduced, and it seems like corporate America is beating those earnings. We saw that in the finance sector last week. And then we're really focused in on what expectations look like for 2020. And we're seeing a potential increase in earnings expectations year-over-year going into 2020."
- Embargoed: 5th November 2019 20:10
- Keywords: economy Brexit corporate earnings NYSE trade China New York Stock Exchange jobs Biogen European Union equities closing bell
- Location: NEW YORK, NEW YORK, UNITED STATES
- City: NEW YORK, NEW YORK, UNITED STATES
- Country: USA
- Topics: Economic Events,Equities Markets
- Reuters ID: LVA002B26KXHP
- Aspect Ratio: 16:9
- Story Text: U.S. stocks ended lower on Tuesday (October 22), giving up early gains after British lawmakers rejected the government's proposed timetable for passing legislation to ratify its deal to exit the European Union.
The Dow Jones Industrial Average fell 38.54 points, or 0.15%, to 26,788.10, the S&P 500 lost 10.6 points, or 0.35%, to 2,996.12 and the Nasdaq Composite dropped 58.69 points, or 0.72%, to 8,104.30.
(Production: Aleksandra Michalska)
- Copyright Holder: REUTERS
- Copyright Notice: (c) Copyright Thomson Reuters 2019. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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