Stocks look to rebound during quieter week for economic data: What to know this week

) fell over 3.7%. This drawdown in the Nasdaq sent the index into a correction after closing more than 10% from its latest high reached on July 10. Meanwhile, the Dow Jones Industrial Average While shifts in the macroeconomic narrative took center stage and weighed on markets last week, the S&P 500 as a whole is quietly posting its best quarter of year-over-year earnings growth in nearly three years.

This would mark the highest year-over-year earnings growth rate reported by the index since the fourth quarter of 2021. Olympics 2024 LIVE! Novak Djokovic vs Carlos Alcaraz final; Charlotte Fry wins bronze; Tommy Fleetwood latest Team GB is enjoying a golden Paris Olympics. At the end of the first seven days of competition, Great Britain occupied fifth spot on the overall medal table, with the promise of more to come.Kentucky Gov. Andy Beshear's efforts to land the No. 2 spot on the Democratic presidential ticket drew ridicule from prominent Republicans during the Bluegrass State's premier political event.

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.

BlackRock bullish on U.K. stocks after elections, Japan stocks are top playBlackRock Investment Institute said in a mid-year outlook report that the prospect of higher-for-longer interest rates made inflation-linked bonds attractive
Source: globeandmail - 🏆 5. / 92 Read more »

Solar industry, AI chip stocks, Fed rate outlook: Market DominationThe final trading hour of the day is here, and it brought Julie Hyman and Josh Lipton to break down the biggest market (^DJI, ^IXIC, ^GSPC) stories and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Healthcare stocks at an 'inflection point,' analyst saysEarnings for healthcare companies have declined for six straight quarters. But analysts have a more positive outlook going into second quarter earnings.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks to Track US Decline for Second Day: Markets Wrap(Bloomberg) -- Asian equities were primed to track US stocks by notching a second day of declines as signs of economic weakness overwhelmed the market’s...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Chinese Investors Dump Record Amount of US Stocks and Bonds(Bloomberg) -- Chinese investors dumped a record amount of US securities, both stocks and bonds, in May as diplomatic tensions remained elevated between the ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Chinese Stocks Decline as Third Plenum Falls Short on Catalysts(Bloomberg) -- Chinese stocks fell as the readout from a key conclave of Communist Party officials failed to convince investors about the economy’s new...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »