The upcoming earnings season could decide what's next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation data this week raised investor confidence in equities. Tech stocks outperformed this week, with the sector up 2%, as investors rotated back into risk-on assets. Nvidia advanced more than 7%. And, with earnings season set to ramp up, that could mean further gains.
Housing Market Index Earnings: Intuitive Surgical , Netflix , KeyCorp , M & T Bank Corp ., Elevance Health , Truist Financial , Huntington Bancshares , Blackstone Friday, Oct. 18 8:30 a.m. Building Permits preliminary 8:30 a.m. Housing Starts Earnings: Schlumberger NV , Procter & Gamble , Fifth Third Bancorp , Regions Financial , American Express , Ally Financial
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Nike stock pulls back as Wall Street has low expectations for Tuesday earningsThe market isn’t expecting much from Nike’s (NKE) August quarter when it reports after the close on Tuesday.
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Stock Futures Slip as Middle East Tensions Rise and Nike Shares React to Mixed EarningsU.S. stock futures dipped overnight as investors grappled with escalating tensions in the Middle East and Nike's mixed first-quarter earnings report. Tech stocks led the declines, while concerns about a potential wider conflict in the region overshadowed hopes for an economic rebound.
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