SCOREBOARD: Earnings tension

Wall Street lacked direction as investors continued to watch earnings season unfold and held their breath over the debt ceiling.

Not really a great deal goin’ on at the mo’. Moves across most asset classes were small and indeed on Wall Street, US stocks were mixed to weaker. The Nasdaq (-0.3 per cent to 3117) especially so on reports Apple is seeing reduced orders for iPhone parts. Tech stocks were followed closely by telecommunications and financials, while consumer stocks, healthcare and industrials out-performed. With an hour or so left to trade the S&P500 is flat to negative (1471) and the Dow is up 0.2 per cent (13,508).


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