Stocks rise amid earnings deluge, with Big Tech to come: Stock market news today

) inched higher to 4.84%, shaking off a slide earlier in the morning in another sign of volatility. On Monday, the yield topped 5% to reach its highest level since 2007, then sank in whipsaw action.to its highest level since the 2022 crypto crash, thanks to speculation the SEC is about to approve an ETF linked to the token.The S&P 500 had fallen five-straight days entering Tuesday's trading sessions.

In addition to striking at GM plants in Wentzville, Mo., and Lansing, Mich., the UAW is striking at all GM parts and distribution centers, crippling the automaker’s ability to service customers’ cars and provide parts to other assembly plants. On Monday morning, the UAWto third quarter profits due to the ongoing strike. JPMorgan analyst Ryan Brinkman estimated that GM is likely losing $21 million a day due to plant and parts distribution center closures..

"Our expectations are now that we will consistently be in the black moving forward," Spotify CFO Paul Vogel said on the company's third quarter earnings call on Tuesday."Obviously, you never know what can happen in any one quarter, but we feel good that we're on a different trajectory and we've hit an inflection point with respect to profitability of the business."

Late last quarter, Spotify hiked the price of its ad-free premium subscription plan by $1 to $10.99 a month — a long-awaited change as the companyThe company's Duo plan rose by $2 to $14.99 while the family plan increased by $1 to $16.99. The student plan also went up by $1 to $5.99 a month.Manufacturing demand increased for the first time in six months during the month of October, according to new data released on Tuesday.

“Hopes of a soft landing for the US economy will be encouraged by the improved situation seen in October," Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said in the release."The S&P Global PMI survey has been among the most downbeat economic indicators in recent months, so the upturn in US output growth signaled at the start of the fourth quarter is good news.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stocks rise amid earnings deluge, with big techs to come: Stock market news todayStocks rose as investors await results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yieldsHONG KONG (AP) — Asian shares were lower on Monday as higher risks of broader conflict in the Middle East clouded market sentiment and bond yields further...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks close mixed as yields recede from 16-year highs: Stock market news todayThe 10-year Treasury yields passed a key milestone on Monday morning but whipsawed lower in a volatile day for bond market action.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerTOKYO (AP) — Shares mostly rose Tuesday in Asia after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after creeping above 5%...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Marketmind: Stocks struggle as yields rise, tech earnings loomIt's been a cautious start to the week in Asia as markets wait to see when, or whether, Israel will launch a ground invasion of Gaza, and bonds continue...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Marketmind: Stocks struggle as yields rise, tech earnings loomExplore stories from Atlantic Canada.
Fuente: SaltWire Network - 🏆 45. / 63 Leer más »