Tech leads as US stocks rise at start of big earnings week

📆 22/07/2019 21:08:00
📰 ChannelNewsAsia

⏱ Reading Time:
21 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 66%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

NEW YORK: The Nasdaq rallied on Monday (Jul 22), with large technology shares gaining ahead of earnings reports and semiconductor stocks surging ...

NEW YORK: The Nasdaq rallied on Monday , with large technology shares gaining ahead of earnings reports and semiconductor stocks surging on expectations the sector is primed for good results.

Last week's earnings reports, dominated by banks, were better than expected, said CFRA Research's Sam Stovall. Analysts have lifted their estimates for the second quarter but cut their outlook for the third quarter.Chip stocks were especially strong after Goldman Sachs upgraded several companies in the sector and said oversupply in the industry would be sold off more quickly than previously thought.

Escrever Comentário

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:

Brasil Últimas Notícias, Brasil Manchetes

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

Chinese companies seeking new purchases of US farm products: XinhuaBEIJING: Some Chinese companies are seeking new purchases of U.S. agricultural products, China's official Xinhua news agency said on Sunday, ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »