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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: UPS, First Republic Earnings Drag on Stocks

UPS logo on side of brown delivery truck

Stocks opened in negative territory Tuesday, with losses accelerating as the session wore on. In focus today were corporate earnings; specifically, results from logistics giant United Parcel Service (UPS, -10.0%) and embattled regional bank First Republic (FRC, -49.4%). Investors also took in the latest economic reports, including concerning consumer confidence data. 

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