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Stock Market Today

Monday, March 30 2020

Daily Updates

Stock Market Today: March 30, 2020

William G. Ferguson | 03/30/2020

Investors return to the market today after another wild week of trading on Wall Street, which has now become more the norm than the exception. Since the last week of February, the swings in trading have been sharp and pronounced, with the bears holding the upper hand.


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Stocks Highlights

Dow 30 Earnings: Walmart Inc. Fiscal Fourth Quarter 2019

Kevin Downing | 02/18/2020

General goods retailer Walmart Inc. (WMT) reported slightly worse-than-expected results for the fiscal fourth quarter ended January 21, 2020. Total revenue of $141.7 billion rose 2.1% year over year, but fell 3.3% short of our estimate. Too, adjusted earnings per share of $1.38 were $0.03 below the year-ago figure. Same-store sales for Walmart U.S. were up 1.9%, missing the 3% mark Walmart had been forecasting. Increases in traffic and the average transaction amount were roughly the same.

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Stocks Highlights

Dow 30 Earnings: Cisco Systems Fiscal Second Quarter 2020

Kevin Downing | 02/13/2020

Networking equipment and software maker Cisco Systems (CSCO) reported in-line results for the fiscal second quarter ended January 25, 2020. However, some investors were disappointed with the company's order book, and the shares were down in response.

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