Stocks gear up for Big Tech earnings; yen sits near danger zone

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 26 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 115%
  • Publisher: 78%

Kitco News Nouvelles

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

LONDON, April 23 - Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus on earnings reports from the U.S. megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning from Japanese officials.

Against that backdrop, gold is heading for a week-on-week drop of 3.2%, its largest this year, while oil has backed off last week's highs. Tuesday brings a wealth of big-cap earnings, including Tesla, PepsiCo , UPS , opens new tab, Lockheed Martin , opens new tab and Halliburton , opens new tab Traders now expect the first Fed rate cut to come most likely in September and see just 40 basis points' worth of cuts this year, compared with expectations for 150 bps of cuts at the beginning of the year.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 13. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Premarket: Stocks rise ahead of Big Tech earningsGold is heading for a week-on-week drop of 3.2 per cent, while oil has backed off last week’s high
La source: globebusiness - 🏆 31. / 66 Lire la suite »

Stocks rebound, AI in Big Tech, Tesla: Trading TakeawaysAfter a tumultuous start to the second quarter, stock market indices (^DJI, ^IXIC, ^GSPC) are seeing a solid day of green to kick off the trading week...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Big 6 tech stocks downgraded by UBS on 'collapsing' earningsUBS Chief Investment US Equity Strategist Jonathan Golub downgraded the 'Big Six' tech stocks - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stocks bounce back with Big Tech earnings in viewBig Techs are the highlight as hopes rest on this week's flood of earnings to reassure and reignite the market.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stocks moving higher ahead of this week's Big Tech earningsEquity markets (^DJI, ^IXIC, ^GSPC) are all moving higher Monday morning as several Big Tech companies are set to report earnings later this week. Yahoo...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stocks bounce back with Big Tech earnings aheadBig Techs are the highlight as hopes rest on this week's flood of earnings to reassure and re-ignite the market.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »