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Stock impact report

Stocks Fall on Hawkish Fed Pause [Globe and Mail, The (Toronto, Canada)]

Lennox International, Inc. (LII) 
Last lennox international, inc. earnings: 4/20 07:30 am Check Earnings Report
100 Index ( $IUXX QQQ ) closed down -0.24%. March E-mini S&P futures ( ESH25 ) are down by -0.53%, and March E-mini Nasdaq futures ( NQH25 ) are down by -0.36%. Stocks settled moderately lower on Wednesday after the Fed kept interest rates unchanged as expected, but its hawkish post-meeting statement hinted at an extended pause in rate cuts. Some negative corporate earnings results also weighed on stocks Wednesday, with Packaging Corp closing down more than -9% after forecasting Q1 EPS below consensus. Also, Danaher closed down more than -9% after reporting weaker-than-expected Q4 adjusted EPS. In addition, Lennox International closed down more than -8% after forecasting full-year free cash flow below consensus. On the positive side, Starbucks rose more than +8% after reporting better-than-expected Q1 net revenue. Also, ASML Holding NV closed up more than +4% to lead chip stocks higher after reporting better-than-expected Q4 order bookings as the artificial intelligence boom boost Show less Read more
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