[Chart courtesy of MarketWatch.com] Moving the markets The tech sector finally got some relief, as the Nasdaq snapped a five-day losing streak and outperformed the other major indices. The S&P 500 also ended in the green, but the Dow barely budged. The star of the show was Nvidia, which soared 8% ahead of its earnings report on Wednesday. The chipmaker …
Earnings Misses Sour Market Mood
[Chart courtesy of MarketWatch.com] Moving the markets We started the day in the red after China set the sour mood by reporting another month of declining industrial profits. Things got worse when Caterpillar (CAT), an economic bellwether conglomerate, missed earnings by a huge margin, its worst performance in 10 years, causing its stock price to decline by -9.13%; a dead …