Mixed earnings, mixed direction

U.S stock market traded in a lackluster session following the mixed earnings result. Dow Jones Industrial Averages currently down 22.80 points (-0.09%) at 26,633.59, Nasdaq down 1.34 points (-0.02%) at 8,119.48 and S&P 500 down 0.83 points (-0.03%) at 2,932.85.

No major economic release, traders and investors focused on the corporate earnings result. We have major names announce earnings today which show the mixed result.

Earnings & Corporate results

Boeing (NYSE: BA) and Caterpillar (NYSE: CAT) making headline today. BA announced earnings per share of $3.16 below the expectation of $3.19. Revenue comes out at $22.92 billion vs. $22.94 billion. The company do not provide 2019 guidance following the 737 MAX issue and suspended share buybacks program for now. Share prices up 0.38% at the current time.

Caterpillar (NYSE: CAT) beat analysts forecast both on earnings and revenue. The company posted EPS of $2.94 vs. $2.84 expectation. Revenue comes out at $13.47 billion vs. $13.4 billion expectation. Despite the result, share prices down 2.70%

AT&T (NYSE: T) reported earnings per share of $0.86 vs. $0.85. Revenue comes out at $44.8 billion vs. $45.00 billion expectation.

After the market close, FB, MSFT, V, TSLA will paint the headlines with earnings results.

Other markets

Gold up $4.20 (+0.33%) to $1,277.40, Crude oil down $0.48 (-0.72%) to $65.82. U.S dollar index up 0.56 (+0.57%) to 98.15

Asian stock market continues mixed today. Japan stock market down 59.74 points (-0.27%) to 22,200.00, China Shanghai Composite up 3.02 points (+0.09%) to 3,201.61, and Australia ASX 200 up 62.70 points (+0.99%) to 6,382.10. European stock market also mixed. DAX Germany up 0.89%, UK FTSE down 0.26%, Euro STOXX600 up 0.20%.

European stock market closed lower. DAX Germany up 77.65 points (+0.63%) to 12,313.16, FTSE UK down 51.32 (-0.68%) to 7,471.75, and Euro STOXX 600 down 0.37 points (-0.09%) to 390.98.