Morning Commentary: Chip Rout and Bank Misses Cap Wall Street gains
Mumbai, 14 October: Major Wall Street benchmarks finished flat or slightly negative as investors evaluated the start of the corporate earnings season. Healthcare and manufacturing names like Johnson & Johnson and Caterpillar weighed heavily on the blue-chip Dow, offsetting initial optimism surrounding banking results. The S&P 500 finished essentially flat near 7,805, the Nasdaq fell…
