US stocks: Wall Street ends near flat ahead of inflation data

US stocks struggled to find direction due to disappointing earnings from Tyson Foods and Catalent and a short-lived rebound in regional banks. Catalent’s shares dropped nearly 26% due to a lower revenue and core profit in 2023 whilst Tyson Foods fell by 16.41% due to a surprise second-quarter loss and a shortfall in its annual revenue forecast.



May 09, 2023 at 06:37AM