The Dow Swings Back and Forth Because the Market Can’t Decide if Good News Is Good

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Illustration by Michael Haddad

Back and Forth. U.S. stocks were wobbling between small gains and losses on Wednesday. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite were all off 0.2% or less near midday. Although Chinese economic data came in ahead of expectations, investors were weighing that news with a spate of earnings reports out Wednesday, now that first-quarter reporting season is in full swing.  

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