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Monday, May 8, 2023

US stocks: Wall Street ends near flat ahead of inflation data

US stocks struggled to find direction due to disappointing earnings from Tyson Foods and Catalent and a short-lived rebound in regional banks. Catalent’s shares dropped nearly 26% due to a lower revenue and core profit in 2023 whilst Tyson Foods fell by 16.41% due to a surprise second-quarter loss and a shortfall in its annual revenue forecast.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cQBq9o6

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