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Stock Market Today

Wednesday, May 23 2018

Daily Updates

Stock Market Today: May 23, 2018

Harvey S. Katz, CFA and Robert Mitkowski | 05/23/2018

Stocks finished Wednesday on a firmer note than they began the day with following a dovish interpretation of the minutes of the Federal Reserve’s latest meeting.

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Stocks Highlights

Dow 30 Earnings: Walmart Inc. Fiscal First Quarter 2018

Kevin Downing | 05/17/2018

Shares of Wal-Mart (WMT) slip on the release of the retail giant’s fiscal first-quarter financial results.

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Stocks Highlights

Dow 30 Earnings: Cisco Systems Third Quarter Fiscal 2018

Kevin Downing | 05/17/2018

Networking equipment and software maker Cisco Systems (CSCO) has reported in-line results for the April quarter. Total revenue of $12.5 billion was slightly higher than our $12.4 billion estimate, and grew 4% year over year. Product sales rose 5%, while service revenue only advanced 3%. The latter was somewhat worse than investors had been looking for, and the shares declined marginally as a result.

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