BUSINESS US stock indexes end mostly higher on solid earnings reports

BUSINESS

US stock indexes end mostly higher on solid earnings reports

AP

06:52, July 25, 2018

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(Photo: AP)

The major US stock indexes finished mostly higher Tuesday as investors welcomed strong corporate earnings reports from Google parent Alphabet and other companies.

Gains by technology companies and health care stocks outweighed losses in consumer goods manufacturers, retailers and other sectors.

Smaller-company stocks, which have been beating the rest of the market this year, turned sharply lower as investors weighed the implications of the Trump administration’s decision to send billions in emergency aid to farmers hurting from tariffs stemming from the US trade dispute with China.

Tariffs also weighed on Whirlpool’s latest quarterly results, giving the appliance maker its worst day in more than 30 years.

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