(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Microsoft, Alphabet report later in the day * GE down after it sees 2022 earnings at lower end of forecast * Tesla slides as Musk clinches deal to buy Twitter * Indexes down: Dow 1.56%, S&P 1.90%, Nasdaq 3.03% (Adds comment; updates prices, details) By Bansari Mayur Kamdar and Devik Jain April 26 (Reuters) – The tech-heavy Nasdaq led Wall Street lower on Tuesday with a 3% slump, as… Source link
Read More »Why Is the Stock Market Down Today? Dow Slides Ahead of Google, Microsoft Earnings
Text size Wall Street will digest a wave of U.S. corporate earnings this week. Dreamstime Stocks were down… Source link
Read More »Stocks Rebound Ahead of Big Tech Earnings Week: Markets Wrap
(Bloomberg) — U.S. stocks rose as dip-buyers emerged ahead of a busy week for Big Tech earnings. Most Read from Bloomberg The S&P 500 gained in a choppy afternoon session, while the tech-heavy Nasdaq 100 climbed more than 1%. Twitter Inc. extended gains after billionaire entrepreneur Elon Musk agreed to buy the social networking platform. Alphabet Inc., Apple Inc., Amazon.com Inc. and Meta Platforms Inc. are all due to report. “This week may easily be a fork in the road of equities,” JC… Source link
Read More »Stocks end lower ahead of busy week of earnings; Dow drops 40 points, or 0.1%
U.S. stocks declined to close a choppy session slightly lower on Monday as investors returned from a holiday weekend and geared up for another busy week of corporate earnings results. The S&P 500 edged lower after fluctuating between gains and losses throughout the session. The Dow and Nasdaq also ended in the red. Treasury yields advanced, with the yield on the benchmark 10-year note holding above 2.8%. U.S. West Texas intermediate crude oil futures rose and extended last week’s gains. For… Source link
Read More »Ahead of an earnings ‘growth scare’ investors should eye these stocks: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, April 14, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him @SPYJared First quarter earnings are trickling in with mixed results. JPMorgan Chase expressed a more cautious outlook on borrowers Wednesday and finished the day down 3.2% to its lowest level since January 2021, while… Source link
Read More »Stock futures open higher ahead of earnings reports
U.S. stock futures opened higher Tuesday evening after a choppy day in markets, as investors digested another hot print on inflation and looked ahead to a busy day of earnings on Wednesday. Contracts on the S&P 500 were flat to slightly positive. The index closed lower for a third straight session during the regular trading day on Tuesday, and both the Dow Jones Industrial Average and Nasdaq Composite also declined. Investors on Wednesday are set to receive a number of quarterly reports from… Source link
Read More »‘Significant slowdown in economic growth’ looms ahead, strategist says
Indexes extended their losses on Thursday as markets digested the latest Fed minutes, where Federal Reserve officials “generally agreed” to cut up to $95 billion a month from the central bank’s balance sheet to combat surging prices. In light of the Fed’s hawkish stance on inflation, CenterSquare Investment Management Chief Strategist Scott Crowe sees a sizable decline in economic growth levels ahead. “I think there is little doubt that we are at the beginnings of a significant… Source link
Read More »Yahoo and Cross Screen Media Partner to Enable Greater Political Campaign Insights, Efficient Measurement Ahead of 2022 Midterms
NEW YORK–(BUSINESS WIRE)–Yahoo, the premier global media and technology company, today announced a partnership with Cross Screen Media, a tech firm specializing in optimized local TV and CTV ad planning and measurement, to enable more strategic planning, efficiency and measurement for advertisers ahead of 2022 midterm campaigns. Yahoo will also be Cross Screen Media’s first programmatic partner to utilize the company’s new measurement solution, ScreenImpact, which will enhance… Source link
Read More »European markets slump ahead of Federal Reserve minutes
Federal Reserve chairman Jerome Powell. European markets were muted on Wednesday as investors focus on the latest insights into the Fed’s policy tightening. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images European stocks were in the red on Wednesday as investors focus on fresh western sanctions against Russia over its invasion of Ukraine and the latest insights into the Federal Reserve’s policy tightening. The FTSE 100 (^FTSE) lost ground after closing higher the previous session,… Source link
Read More »JPMorgan CEO warns of “unprecedented” economic risks ahead from Russia-Ukraine war
Russia’s invasion of Ukraine and penalizing sanctions against Moscow have roiled financial markets and wreaked havoc on global supply chains. And JPMorgan CEO Jamie Dimon thinks the worst is yet to come. Dimon warned in his closely-read annual letter to shareholders on Monday that Russia’s ongoing invasion of Ukraine is expected to meaningfully slow the U.S. and global economy. JPMorgan economists predict consequences from the war and resulting sanctions against Russia will reduce the… Source link
Read More »