Tuesday, April 8, 2014

Wall Street to edge higher at open after selloff

Traders work on the floor of the New York Stock Exchange By Chuck Mikolajczak NEW YORK (Reuters) - Stocks were set to open slightly higher on Tuesday, putting the S&P on track to halt a three-session selloff, as investors look to the start of corporate earnings season. The S&P 500 suffered its biggest three-day drop in two months and the Nasdaq posted its worst three-day decline since November 2011 on Monday as investors bid down Internet stocks and rotated into defensive names. The recent slump has pushed the Dow , Nasdaq and S&P 500 into negative territory for the year. Earnings season gets under way this week, with results due from companies including Alcoa Inc after the close, retailer Bed, Bath & Beyond on Wednesday, while financials JPMorgan Chase & Co and Wells Fargo & Co close out the week with results on Friday.








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