S&P 500 Retreats but Holds 7100 on Fresh Mideast Escalation as Earnings Kick Off

The S&P 500 (^GSPC) is pointing lower ahead of the open on Thursday, with traders taking profits after Wednesday’s record-setting session where the benchmark rose 1% and the Nasdaq added nearly 2%. Early weakness in futures looks more like profit-taking than a change in tone, with earnings beats, cooler oil, and fresh buybacks setting the ... S&P 500 Retreats but Holds 7100 on Fresh Mideast Escalation as Earnings Kick Off