Don't be fooled by the buoyant trend so far in the ongoing earnings season, because an emerging credit squeeze is set to hit companies' profits, according to Wharton professor Jeremy Siegel.
But according to Siegel, the good first-quarter results aren't that surprising given Silicon Valley Bank's collapse and the ensuing banking turmoil came toward the end of the January-March period. That makes it more difficult for American companies to access loans, which threatens to undermine their business operations and earnings.
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Stocks may drop if bank fears choke growth, Fed beat inflation: SiegelStocks may slump if banking fears choke growth - and the Fed should end its inflation fight, Wharton professor Jeremy Siegel says
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
S&P 500 closes higher Monday to kick off a busy earnings week: Live updatesThe S&P 500 rose Monday as traders combed through the latest batch of corporate earnings results, searching for clues on the health of corporate America. The Dow gained 0.30%. The S&P 500 rose 0.33%. The Nasdaq was up 0.28%. رائع انك فهمة Fantasy land
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U.S. stocks finish higher as investors await big-tech earningsU.S. stocks finished higher on Monday as the first-quarter earnings season is poised to pick up the pace. The Dow Jones Industrial Average gained 100.71 points, or 0.3%, to 33,987.18: I’ll keep investing in banks $pnfp
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Wall St ends higher; investors await earnings, Fed cues By Reuters⚠️BREAKING: *DOW JUMPS 100 POINTS AS U.S. STOCKS END HIGHER TO START BUSY EARNINGS WEEK *VIX FALLS TO LOWEST LEVEL SINCE JANUARY 2022 $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸 It doesn’t matter Also watching these $NFLX levels for their report tomorrow👇🏽 For all the traders + investors Here’s the $TSLA levels to watch into Wednesday👇🏽
La source: Investingcom - 🏆 450. / 53 Lire la suite »