Tag Archives: Stocks

U.S. stocks gained Monday as investors braced for a jam-packed week of corporate earnings and contemplated the Federal Reserve’s next rate move before officials meet later this month. The S&P 500 (^GSPC) advanced 1.2%, while the Dow Jones Industrial Average (^DJI) jumped about 250 points, or 0.8%. The technology-heavy Nasdaq Composite (^IXIC) again led the way higher, rallying 2%. The moves Monday come after the S&P 500 and Nasdaq rallied toward a winning week on Friday, regaining their… Source link

4 Chinese stocks & 2 Russian stocks a top fund manager is buying | Asia Markets Home Stocks 4 Chinese stocks & 2 Russian stocks a top fund manager is buying Source link

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 Friday, January 20, 2023 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. Corporate earnings season will be in full swing by the end of next week. Big banks, airlines, and Netflix (NFLX) have all released… Source link

Alcoa (AA) Alcoa shares fell in after hours on weaker-than-anticipated shipments for the precious metal this year. The U.S. based aluminum producer expects between 2.5 million and 2.6 million metric tons of shipments this year. That came in short of the consensus analyst estimates to ship an average of 2.65 million tons of aluminum. “The Company also worked to mitigate challenging market conditions throughout the year that included high costs for raw materials and energy and lower sequential… Source link

U.S. stocks rose modestly at Wednesday’s open as investors continued to parse through more corporate financial updates for signs of the “earnings recession” many analysts have warned about. Investors also assessed the release of more economic data, as retail sales slumped more than expected and producer prices came in cooler than expected. The S&P 500 (^GSPC) edged 0.3% higher, while the Dow Jones Industrial Average (^DJI) added 55 points, or 0.2%. The technology-heavy Nasdaq Composite ( Source link

United Airlines (UAL) Shares of the airline are up more than 5% in after hours after better-than-expected quarterly results and earnings guidance. United sees its first quarter adjusted earnings anywhere between 50 cents and $1.00, beating estimates of 22 cents per share. The airline reported fourth quarter EPS of $2.36 versus analysts’ consensus expectations of of $2.12. It’s revenue of $12.4 billion also came in above expectations of $12.2 billion. The airline said it able to recover quickly… Source link

Netflix (NFLX) earnings are set for release on Thursday, kicking off two-week period during which most of the market’s biggest tech companies will report their quarterly results. And according to Wedbush analyst Dan Ives, investors are focused on three big questions ahead of these results. First, a key focus will be on whether enterprise spending is holding up better than feared. Over the past decade, there’s been a rapid adoption of cloud services, with this trend accelerating during the… Source link

U.S. stocks fell in early-morning trading amid key earnings reports from financial heavyweights. The S&P 500 (^GSPC) was down 0.8%, while the Dow Jones Industrial Average (^DJI) was off by 0.6%. The technology-heavy Nasdaq Composite (^IXIC) declined by roughly 0.8%. The yield on the benchmark 10-year U.S. Treasury ticked up slightly to 3.47%. The dollar index ticked up 0.21% to $102.21. Stocks pared early losses after the U.S. Michigan consumer sentiment survey for January rose to a nine-month… Source link

Disney (DIS) Tokyo, Japan – December 14, 2012: Minnie Mouse in the red coat waving her hand in daytime Parade at Tokyo-Disneyland, Tokyo, Japan. Shares of media giant Disney rose in after hours following the announcement of Mark Parker as chairman of the board. Parker has been executive chairman of Nike and has been a member of the board of Disney for the last seven years. Share of Nike stayed flat in after-hours. Parker will succeed Susan Arnold, who will not stand for re-election due to the… Source link

U.S. stocks ascended Wednesday as Wall Street counted down to a crucial inflation reading and big bank earnings later this week. The S&P 500 (^GSPC) rose 0.9%, while the Dow Jones Industrial Average (^DJI) added nearly 200 points, or 0.6%. The technology-heavy Nasdaq Composite (^IXIC) advanced 1.2%. U.S. Treasury yields pared their move higher from the previous session, with the benchmark 10-year note falling below 3.6%. The U.S. dollar index also retreated. Wells Fargo (WFC) was among… Source link