Tech stocks keep stock market mostly buoyant; Boeing’s shares weigh on the Dow

Most stock-market indexes rose Monday morning, as investors adjusted expectations around a widely anticipated rate cut by the Federal Reserve at the end of the month and braced for a deluge of corporate results after a strong start to earnings season.

What’s driving the market? After a strong start to earnings season last week, investors will see results from 144 S&P 500 companies and a third of Dow components this week. Shares of energy services firm Haliburton Co. HAL, +5.54% rose 6.8%, after the company reported second-quarter profit that topped expectations. Heavyweights due to report in the week ahead include Facebook Inc. FB, +0.97% Coca-Cola Co. KO, -0.33% Caterpillar Inc. CAT, -1.06% and McDonald’s Corp. MCD, +0.

See: Iran seizes British-flagged oil tanker — here’s what you need to know about the Strait of Hormuz Which stocks are in focus? Equifax Inc. EFX, +0.60% came to a $700 million settlement with federal regulators and U.S. states related to a 2017 data breach that exposed the personal data of nearly 150 million Americans. Shares rose 2.1% in early trade Monday.

I believe you are correct...

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.

Tech Rally Powers Record Gains for StocksThe biggest technology companies are propelling major U.S. indexes’ record run, highlighting investor enthusiasm for the hottest stock sector as economic growth softens. Investing in a company's shares when it's at the height of your performance equals you going into a party at the wrong time. Tech stocks still on a roll. The tech index now +415% since 10 years ago. Wow. NASDAQTechStocks The rally in US stocks this year still being led by tech and consumer discretionary stocks. Good chart below: SoberLook wsj
La source: WSJ - 🏆 98. / 63 Lire la suite »

Analysts urge caution as stocks on Shanghai's new Nasdaq-style tech board surgeThe first tranche of companies on China's latest Nasdaq-style tech board started trading on Monday, with all the stocks seeing strong gains on their public debut, though some are cautioning against jumping headlong into the action.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Oil rising; China's new tech market; Flat beerHere's what you need to know about the markets before you start your business day.
La source: CNN - 🏆 4. / 95 Lire la suite »