U.S. stock futures declined Monday morning following global equities lower, as concerns over an escalating COVID outbreak in China added to jitters over U.S. economic growth in the face of heightened inflation and monetary policy tightening. Contracts on the S&P 500 fell by nearly 1% ahead of the opening bell, as the index looked to add to last week’s losses. The Dow and Nasdaq each also headed for lower opens. U.S. Treasury yields dropped, and the benchmark 10-year yield hovered just above… Source link
Read More »Stocks extend losses as investors weigh hawkish Powell remarks, more corporate earnings
U.S. stocks fell sharply on Friday as investors weighed a bevy of corporate earnings and braced for more aggressive interest rate hikes from the Federal Reserve in coming months. The S&P 500 tumbled 1.9%, while the Dow Jones Industrial Average plunged 580 points, placing both major indexes at a five-week low. The tech-heavy Nasdaq Composite declined 1.9%. Meanwhile, the 10-year U.S. Treasury yield remained at 2.9%, the highest level since December 2018. The losses follow remarks from Fed Chair… Source link
Read More »Stocks rise, tech shares rebound as earnings roll in
U.S. stocks advanced Thursday as investors continued to monitor a steady stream of corporate earnings results against a backdrop of elevated inflation and further Fed policy tightening. The S&P 500 rose by about 0.9% just after the opening bell. The Dow Jones Industrial Average also gained. The Nasdaq outperformed, rising by more than 1% to reverse some of Wednesday’s losses, when the tech-heavy index was weighed down by a slide in shares of Netflix. Meanwhile, Tesla (TLSA) shares jumped more… Source link
Read More »Stocks little changed as investors weigh flurry of earnings, downgraded IMF forecast
U.S. stocks were little changed Tuesday as investors processed a deluge of earnings reports and a revised forecast from the International Monetary Fund (IMF) indicating the global economy is set to “slow significantly” amid Russia’s invasion of Ukraine. The S&P 500 and Nasdaq each opened near the flatline after both indexes settled at one-month lows at the end of Monday’s session. The Dow Jones Industrial Average also hovered around breakeven. Meanwhile, Treasury yields continued their climb,… 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 »Stocks flat as investors weigh mega bank earnings
U.S. stocks resumed losses on Thursday after a rally in the previous session on hopes for an earnings season boost to markets. Investors are digesting a flurry of mixed quarterly reports from Wells Fargo (WFC), Goldman Sachs (GS), Morgan Stanley (MS), and Citigroup (C). The S&P 500 fell 0.9%, heading towards another week of losses. The Dow Jones Industrial Average retreated from a slight advance earlier in the session to hover below the flatline. The Nasdaq Composite tumbled 1.7%, reversing… 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 »The No. 1 factor that will set stocks apart this earnings season: 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 Tuesday, April 12, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter This week, first-quarter earnings season begins in earnest with the big banks, from JPMorgan Chase (JPM) to Goldman Sachs (GS), posting results. And this earnings season, there will be one clear factor separating the winners from… Source link
Read More »Stock futures drop, Treasury yields spike as traders await inflation, earnings data
U.S. stock futures pointed to a lower open Monday morning as investors looked ahead to the start of corporate earnings season this week and a bevy of new economic data as the Federal Reserve prepares to accelerate its moves to counter inflation. Contracts on the S&P 500 declined and added to last week’s losses. Nasdaq futures dropped as technology stocks came under renewed pressure. Treasury yields climbed, and the benchmark 10-year yield rose above 2.7% to reach the highest level since… Source link
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