April 20, 2021
 
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146 E. Main Street
Caledonia, MI 49316
Lake and Kinsey Street
Caledonia, MI 49316
290 South Street
Caledonia, MI 49316
1018 3rd Avenue
Lake Odessa, MI 48849
9260 Eaton Hwy
Lake Odessa, MI 48849
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US Stocks Open Lower; Earnings Start   04/20 09:27

   Stocks were mostly lower in early trading on Tuesday as investors started 
digesting company earnings reports that are steadily coming out this week.

   (AP) -- Stocks were mostly lower in early trading on Tuesday as investors 
started digesting company earnings reports that are steadily coming out this 
week.

   The S&P 500 index was down 0.1% as of 9:55 a.m. Eastern. The Dow Jones 
Industrial Average fell 0.3% and the technology-heavy Nasdaq rose 0.1%.

   Investors are in the middle of first-quarter earnings season. Roughly 80 
members of the S&P 500 will report their results this week, as well as one out 
of every three members of the Dow. Wall Street will be looking to see if 
Corporate America is recovering with the rest of the economy from the 
coronavirus pandemic.

   On average, analysts expect quarterly profits across the S&P 500 to be up 
24% from a year earlier, according to FactSet.

   United Airlines fell 5% after reporting a loss that was wider than analysts 
were expecting, and drugmaker Abbott fell after reporting revenue that fell 
short of forecasts.

   Kansas City Southern jumped 15% after another Canadian railway company 
offered to buy the railroad for $33.7 billion, far higher than a $25 billion 
offer made by Canadian Pacific last month.

   Apple will be in focus as the company makes its latest product announcements 
later Tuesday. Analysts are not expecting anything blockbuster out of Apple at 
this event, except for some major refreshes of the company's popular iPad.

 
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