Around the World's Markets: NEW YORK
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.US STOCKS lost some of yesterday's record gains, trading down 93.97 points, or 1.2 per cent, at 7,926.81 in midday trading. A number of leading companies, including Procter & Gamble and Merrill Lynch, warned that earnings would be below expectations.
Procter & Gamble shares fell $5 after warning of earnings growth in single digits in the fiscal first quarter. Merrill Lynch admitted to a $135m bond trading loss.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments