4/19, 2:14 PM (Source: TeleTrader)
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US shares lower as earnings season continues

Shares in the major United States stock indexes traded lower premarket on Monday as companies report their quarterly earnings. The Coca-Cola Co. announced its revenue grew 5% in Q1 compared to last year to reach $9.02 billion. However, its EPS fell 19% to $0.52. Figures from IBM Corp. and United Airlines Inc. are expected after market open. Meanwhile, GameStop Corp. shares jumped over 8% in premarket trade as its CEO George Sherman announced he is resigning.

The Dow Jones dropped 0.23% at 8:13 am ET. The S&P 500 was down 0.28% at the same time, while the Nasdaq 100 was 0.47% in the red.

The euro traded 0.44% higher compared to the dollar at 8:14 am ET and sold for 1.20354.

Breaking the News / DJ