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Wall Street weakens on worries about corporate profits

Por: Associated Press Tech January 25, 2023

NEW YORK (AP) — Wall Street is weakening Wednesday on worries about corporate profits following a mixed set of earnings reports and forecasts from and others. The S&P 500 was 0.9% lower in midday trading after losing nearly double that earlier in the morning. It’s on pace for a second step down after reaching its highest level in seven weeks on Monday. The Dow Jones Industrial Average was down 199 points, or 0.6%, at 33,534, as of 12:08 p.m.... + full article



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