News Formal

Stock futures inch lower on Tuesday evening as earnings season picks up steam: Live updates

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Wall Street assessed fresh earnings reports from financial institutions and grappled with a rise in bond yields during regular trading.

Stock futures inched lower as earnings season gained steam and Wall Street looked ahead to more key financial reports on Wednesday.Wall Street continued to assess the impact of the ongoing Israel-Hamas war. Traders also parsed through third-quarter earnings reports, including results from financial institutions such as

While the earnings season may only be in its early innings, 83% of companies have so far topped earnings expectations, while about 70% have surpassed sales estimates, according to FactSet data."It's not a surprise that profits are likely to surpass analysts' estimates" given that companies face an already-low bar, said Anthony Saglimbene, chief market strategist at Ameriprise Financial.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock futures tick up as Wall Street look towards busy earnings week: Live updatesStock futures rose slightly Monday as corporate earnings season begins to pick up.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Stock futures tick up as Wall Street look towards busy earnings week: Live updatesStock futures rose slightly Monday as corporate earnings season begins to pick up.
Source: CNBC - 🏆 12. / 72 Read more »

Stock futures are little changed as Wall Street look towards busy earnings week: Live updatesStock futures rose slightly Monday as corporate earnings season begins to pick up.
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
Source: NBCDFW - 🏆 288. / 63 Read more »

Top 10 things to watch in the stock market TuesdayU.S. stocks are set to open lower on Tuesday as bond yields rise.
Source: CNBC - 🏆 12. / 72 Read more »