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Stocks Erase Gains Amid Flurry of Deals, Earnings


Monday, 30 April 2018 23:32 WIB

S & P 500SahamAS


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Stocks in the U.S. fluctuated at the kickoff of another busy week for earnings and economic news. The dollar climbed while the pound declined as U.K. Prime Minister Theresa May lost a key ally. South Korean shares gained on relaxing tensions with the North.

The S&P 500 Index increased less than 0.05 as of 11:43 a.m. New York time. The S&P 500 Index erased early gains Monday after a strong open. Apple Inc., which reports earnings Tuesday, led the S&P 500 higher, and McDonald’s Corp. shares were on track for their best day since July after the burger chainreported solid results. Health-care stocks were among the laggards, weighed down by Celgene Corp. and Allergan Plc.

Source : Bloomberg


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