U.S. stock indexes remained flat on Thursday as losses in IBM’s earnings impacted technology shares. The Dow Jones retreated after hitting an intraday record high in the previous session, while the S&P 500 Index was just about 15 points short of from its early September record.Eight of the 11 major …
Read More »US Stock Futures Are Down on Thursday Morning
Stock futures fell in early trading on Thursday after the blue-chip Dow Jones Industrial Average regained its highest level in the previous session amid strong corporate earnings, Dow futures fell 104 points or 0.2%, and S&P 500 futures fell By 0.2%, the Nasdaq 100 futures contract lost 0.2%. IBM shares …
Read More »Market Drivers – U. S. Session 20-10-2021
The U. S. session witnessed no significant developments in terms of economic data. Positive corporate earning posts continued to back Wall Street and benchmark indexes.Wall Street cheered solid earnings from several health care companies. Abbott Laboratories for medical devices and drugs rose 3.6% beating Q3 estimates. Health insurer Anthem rose …
Read More »Wall Street closes higher with S&P 500 tipping fresh record
The S&P 500 index, a proxy for the health of retirement and college savings accounts, has climbed by 0.4% for its sixth successive gain to close as solid earnings stir investors’ expectations and appetite.S&P 500 closed at 4,536.19. The Dow Jones Industrial Average rose by 0.4% to 35,609.34 and Nasdaq …
Read More »US Stock Index Futures Rise
U.S. stock index futures were higher in overnight trading on Wednesday, as investors are watching the rise in the US bond yield, and investors are also awaiting the release of more results from the work of some major US companies, led by Tesladue after the market closes today. During today’s …
Read More »Q3 Earnings surge, signaling significant market improvement
Earnings of major banks and companies have tended to decide both the market status and sentiment since mid-October, as dozens of companies either already reported of will report their financial statements next week and through early November.NetflixIn a solid beat, Netflix shares were on the uptrend after the bell on …
Read More »Wall Street surges as earnings stir risk appetite
U. .S. stock indexes surged on Tuesday over positive results from several companies. Earnings have stirred up risk appetite, after big banks had announced third quarter positive earnings last week.The S&P 500 index is now 0.7% away from a record high hit last September, while investors hope that a flow …
Read More »Major indices mixed early on as rising Treasury yields
Wall Street stocks were mixed early on Monday as bond yields rose and Chinese GDP numbers disappointed.The Dow opened 42.30 points weaker on Monday, cutting into gains recorded at the tail end of last week on the back of a better than anticipated start to the third-quarter earnings season.Dow was …
Read More »Economic slowdown awaits U. S. in 2022
The U.S. economy will be battling a continued slowdown in 2022 as it contends with sticky inflation and supply chain bottlenecks.Growth is clearly slowing. Obviously the U. S. has passed the peak growth rate, but it’s a relatively graduate slowdown. A number of economists have cut their 2021 GDP growth …
Read More »The U.S. suffers from sash glut
The U. S. economy faces some problems. A pandemic is barrier, but has not developed into a financial crisis yet because it has not damaged credit markets or household balance sheets, as the housing bubble of the early 2000s did. Instead, the pandemic caused a sharp, brief recession.Today, the unemployment …
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