19-07-2016 22:30 via news.yahoo.com

S&P pulls back from record; Dow notches eight day of gains

The S&P 500 pulled back from record highs on Tuesday, while the Dow industrials edged up for an eighth straight day of gains, as investors digested mixed earnings reports amid lowered expectations for global economic growth. Netflix's disappointing quarterly results weighed on the S&P 500 and the Nasdaq, while Johnson & Johnson's strong earnings and forecast helped prop up the Dow. The International Monetary Fund cut its global growth forecasts for the next two years, citing uncertai
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