Wall Street ends lower on mixed earnings, robust data

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

NEW YORK: US stocks tumbled on Thursday (Oct 26), dragged by tech and tech-adjacent megacap shares as investors digested mixed quarterly earnings and ...

Teddy Fusaro, president of Bitwise Asset Management, rings the opening bell at the New York Stock Exchange on Thursday. – ReuterspicUS stocks tumbled on Thursday , dragged by tech and tech-adjacent megacap shares as investors digested mixed quarterly earnings and signs of economic resiliency that could encourage the Federal Reserve to keep interest rates at a restrictive level longer than expected.

At last glance, roughly four in five companies were beating earnings estimates. Analysts' most recent estimates call for aggregate year-on-year S&P 500 earnings growth of 2.6%, according to LSEG. “Investors were “digesting the economic data through the lens of an aggressive Federal Reserve ... it challenges the notion that the Fed will start lowering rates in 2024,” said Greg Bassuk, CEO at AXS Investments in New York.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 25. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Wall Street surges to close higher, powered by upbeat earnings, guidanceNEW YORK, Oct 25 ― Wall Street ended higher yesterday as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and sparked a broad rally. All...
Fonte: malaymail - 🏆 1. / 86 Consulte Mais informação »

Wall Street close higher, powered by upbeat earnings, guidanceNEW YORK: Wall Street ended higher on Tuesday (Oct 24) as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and s...
Fonte: theSundaily - 🏆 25. / 51 Consulte Mais informação »