Movers: Fed, Apple and Oil

Movers: Fed, Apple and Oil

- in Business

We’re following major developments in the markets throughout the day. Check below for the latest updates.

What to Watch For: Fed Meeting Starts, and Earnings

Customers at the Apple store in Lower Manhattan. The company is expected on Tuesday to report a slight increase in iPhone sales and overall revenue for the financial quarter that ended in March.

Spencer Platt/Getty Images

■ The Fed’s rate-setting committee begins its two-day monetary policy meeting.

■ Apple, Pfizer and Merck post earnings.

■ Don’t forget to read the DealBook Morning Agenda.

BP Shares Up After Profits Rise

BP shares gained after the British oil giant reported a surge in profit for the first quarter of the year.

“All of our businesses are firing on all cylinders,” said Bob Dudley, the energy giant’s chief executive.

Continue reading the main story

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Part of Hudson Yards Tunnels Is Nearly Done. Now It Sits, Unused.

The building of the river tunnel hasn’t begun