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Stocks Show Resilience; Arista Networks, Allegro MicroSystems, Oracle In Focus
The major indexes were mixed Tuesday amid a flurry of earnings. Despite Treasury yields and the dollar running up again, the Nasdaq’s losses were modest. Arista Networks was a big earnings winner while EV-exposed chipmaker Allegro MicroSystems sold off. Oracle is trading tightly, near an early entry.
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By Investor's Business Daily
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The major indexes were mixed Tuesday amid a flurry of earnings. Despite Treasury yields and the dollar running up again, the Nasdaq’s losses were modest. Arista Networks was a big earnings winner while EV-exposed chipmaker Allegro MicroSystems sold off. Oracle is trading tightly, near an early entry.
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