Tag Archives: Markets

Wall Street is growing more cautious on the outlook for corporate profits amid persistent inflation and rising interest rates, and Mr. Market may be starting to take notice. Down goes profits. Fourth quarter earnings estimates for the S&P 500 have tanked 4.9% since Sept. 30, according to new research from Credit Suisse strategist Jonathan Golub. Energy profits remain strong. The downward revisions have been most acute in the tech space as the sector deals with slowing growth, which has led to… Source link

(Bloomberg) — US stocks swung between gains and losses as investors parsed fresh economic data and disappointing earnings while mulling the Federal Reserve’s path after the Bank of Canada announced a smaller-than-expected rate hike. Most Read from Bloomberg The S&P 500 struggled for direction. The tech-heavy Nasdaq 100 pared losses that topped 2%. Treasuries rallied after data showed the US merchandise-trade deficit widening. Sales of new US homes fell in September, another indication that… Source link

(Bloomberg) — Stocks in Europe pared gains and US futures turned lower as a rout in Chinese shares weighed on global equities. Treasury yields fell and the dollar gained. Most Read from Bloomberg The Stoxx Europe 600 Index held an advance of about 0.6% after rising as much as 1.4% at the open. Prosus NV slumped more than 11%, while basic resources and energy stocks weighed on the benchmark amid a fall in crude oil and gas prices. Contracts on the S&P 500 and Nasdaq 100 fluctuated before… Source link

With impressive online views at over 2,400,000+ for the first 4 hours of the Live broadcasting Asia’s Top Leaders Gather to Share the Latest Market Trends of Investment and Technology Michael Tien Puk-sun BBS JP, Member of the Hong Kong Legislative Council and Stan Shih, Acer Group, Co-founder & Honorary Chairman share latest market updates HONG KONG , Oct. 19, 2022 /PRNewswire/ — Yahoo Finance, the world’s leading financial information platform, successfully launched the first “Yahoo Finance… Source link

With impressive online views at over 2,400,000+ for the first 4 hours of the Live broadcasting Asia’s Top Leaders Gather to Share the Latest Market Trends of Investment and Technology Michael Tien Puk-sun BBS JP, Member of the Hong Kong Legislative Council and Stan Shih, Acer Group, Co-founder & Honorary Chairman share latest market updates HONG KONG , Oct. 19, 2022 /PRNewswire/ — Yahoo Finance, the world’s leading financial information platform, successfully launched the first “Yahoo Finance… Source link

The lack of federal privacy laws has left advertisers struggling to keep up with individual state laws, as Google and Microsoft continue to work on developing technology that works.   Earlier this year, JoAnne Monfradi Dunn, founder and CEO of Alliant, a data-as-a-service company that combines first- and third-party data … Source link

Yahoo Finance presents the 2022 All Markets Summit: New Challenges, New Opportunities on Monday Oct. 17 from 9:00 a.m.-5:00 p.m. ET. The event connects Yahoo Finance’s audience with leaders and influencers in business, finance, entertainment, entrepreneurship, cryptocurrencies, healthcare, public policy, philanthropy, and more. Key speakers include Paramount Global CEO Bob Bakish; Moderna CEO Stéphane Bancel; General Motors CEO Mary Barra; Pfizer CEO Albert Bourla; former National Economic… Source link

(Bloomberg) — Asian equities opened lower and major currencies made gains against the dollar in a cautious open to the week following further weakness on Wall Street and a defiant message to the world from China’s Communist Party congress. Most Read from Bloomberg Stocks dropped in Japan, Australia and South Korea while futures for Hong Kong fell. Contracts for the S&P 500 and Nasdaq 100 rose after tumbling Friday, when Treasury yields climbed as year-ahead inflation expectations increased…. Source link

Investors searching for safe places to store some cash amid high inflation and volatile markets have options. In continuation of Yahoo Finance’s series ‘What to do in a bear market,’ we asked the experts for some ideas about where to park money safely. What is the safest vehicle for storing money during the bear market? “The key to ‘storing’ money in a bear market is to find a balance between the best return and most liquidity, because if you’re in it for the long term you want to be an… Source link

(Bloomberg) — US stocks swung between gains and losses as markets digested upbeat corporate news and data on producer prices that will keep pressure on the Federal Reserve to tighten policy. Treasuries held steady, while UK markets were roiled once again by policy concerns. Most Read from Bloomberg The S&P 500 fluctuated as the benchmark attempted to stage a comeback after a five-day losing streak. Consumer staples and health care topped the leaderboard with gains in PepsiCo Inc. and Moderna… Source link