Tag Archives: week

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

Indonesia, a top palm-oil exporter, is planning to ban exports beginning on Thursday. Palm oil, the world’s most used vegetable oil, is used in cooking and a range of consumer products. Palm-oil and competing soybean-oil prices are jumping after news of the ban. The world’s top palm-oil producer announced that it would ban exports of the commodity starting on Thursday, sending the prices of edible oils soaring. Indonesia accounts for about half of the world’s supply of palm oil, the world’s most… Source link

Wall Street heads into a busy week Monday with earnings results from mega cap tech giants and the latest inflation print out of Washington in the queue. The S&P 500’s most heavily-weighted components – Microsoft (MSFT, Alphabet (GOOGL), Facebook parent company Meta (FB), Apple (AAPL), and Amazon (AMZN) – are among 180 companies scheduled to report first quarter earnings figures through Friday. Traders will also get a fresh read on the personal expenditures index (the Federal Reserve’s… Source link

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

This week, earnings season is set to ramp up, offering investors a fresh set of data on the strength of corporate profits in the face of elevated inflationary pressure. Two of the major names reporting this week will include Netflix (NFLX) and Tesla (TSLA), offering an early look at how some of the mega-cap technology companies performed in the early part of the year. The other names set to report this week will span a range of industries, broadening out from last week’s bank-dominated… Source link

Skift Take In Skift’s top stories this week, Google joins global partnership Travalyst, backed by Prince Harry, in an act towards sustainability, Europeans are set to make record summer travel numbers, and loyalty programs are being revamped across major and minor travel brands alike. Mary Ann Ha Throughout the week we are posting original stories night and day covering news and travel trends, including on the impact of coronavirus. Every weekend we will… Source link

U.S. jobless claims held near multi-decade lows last week as companies worked to keep employees on their payrolls amid ongoing labor shortages. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended April 9: 185,000 vs. 170,000 expected and a revised 167,000 during prior week Continuing claims, week ended April 2: 1.475… Source link

A flurry of big bank earnings and fresh inflation data out of Washington are expected to keep investors busy this holiday-shortened trading week. Market participants will also tune in Wednesday for a key economic report on March retail sales activity. Despite a four-day trading session, with Wall Street closed for Good Friday, a pivotal week is underway for investors as mega-banks including JPMorgan Chase, (JPM), Goldman Sachs (GS), and Citigroup (C) get the ball rolling on Q1 earnings… Source link

FULTON MARKET — Mimosas, cupcakes, prize raffles and a full-service breakfast bar welcomed back nearly 2,000 employees at Google’s Midwest headquarters in Fulton Market Tuesday. They also arrived at the office with new rules. With its official reopening this week, Google executives said the company has adopted a “flexible workweek” with employees required to work from the office three days a week, with no planned date to implement a full five-day return. “Three days a week we feel… Source link

After last week’s solid March jobs report, investors this week are set to turn their attention to more commentary from the Federal Reserve, along with several quarterly corporate earnings reports. And to this end, Wednesday’s release of the Federal Open Market Committee’s (FOMC) March meeting minutes will be closely watched. The minutes, capturing the meeting that took place March 15-16, will unveil more of monetary policymakers’ thinking around the path forward for interest rates after their… Source link