Wall Street poised for mixed open; corporate earnings, economic data in focus

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 28 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 92%

Earnings Notícia

Johnson,Week,Nasdaq

Major financial companies kicked off the third-quarter corporate earnings season on a broadly positive note on Friday, with JPMorgan Chase, Wells Fargo and BlackRock rallying after the results

Wall Street futures fluctuated on Monday, with the S&P 500 and the Nasdaq on track to open higher, as investors geared up for a week packed with corporate earnings and economic data that will likely test stretched stock market valuations.

Their gains propelled the Dow Jones Industrial Average and the benchmark S&P 500 to record closing highs in the previous session. Year-over-year third-quarter earnings growth for the S&P 500 is estimated at 4.9%, according to data compiled by LSEG on Friday. While traders have dialled back expectations for an outsized 50-basis-point rate cut at the Fed’s November meeting following a string of strong labour market data, bets on a 25-basis-point reduction have stayed largely intact at around 84%, according to the CME Group’s FedWatch tool.

 

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:

 /  🏆 5. in BR

Brasil Últimas Notícias, Brasil Manchetes

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

Stock market today: Wall Street drifts in mixed trading ahead of Fed meeting this weekNEW YORK (AP) — U.S. stocks are drifting in mixed trading, offering a break from their whipsaw moves in recent weeks. The S&P 500 slipped 0.1% early Monday. The Dow Jones Industrial Average was up 255 points, or 0.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Asian stocks climb after Wall Street closes its record-setting week mixedHONG KONG (AP) — Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, China and Britain...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Global stocks mixed after Wall Street declines; markets wait for China policy briefingHONG KONG (AP) — European markets opened higher while Asian stocks were mostly lower on Friday, with Chinese markets declining as investors awaited a key...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Asian stocks mixed amid weak China data after Wall Street closes the best week of 2024HONG KONG (AP) — Asian stocks were mixed on Monday with several key markets closed for a holiday, after U.S. stocks finished their best week of the year and ...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »