Walmart Stock Surges on Blowout Earnings, So Why is the Dow Stuck in Neutral?

The Dow and U.S. stock market were stuck in neutral on Tuesday despite a blowout earnings report from Walmart, a sign that traders were treading more cautiously ahead of a slew of macroeconomic indicators later in the week. Dow Struggles for Direction Wall Street’s benchmarks traded tepidly through the morning session, mirroring a relatively uneventful pre-market for Dow futures. The Dow Jones Industrial Average opened 34 points lower. It was last seen trading at 25,923.31, having gained 40 points, or 0.15%. The broad S&P 500 Index nudged up 0.1% to 2,778.003, having erased an earlier drop. Six of 11 primary

The post Walmart Stock Surges on Blowout Earnings, So Why is the Dow Stuck in Neutral? appeared first on CCN