Earnings season shifts into a higher gear in the week ahead, as investors also watch for fresh economic data that could show that the economy is pulling out of a temporary rut.
At the same time, investors are feeling better about global growth and far less fearful of a recession in the near term. One reason is that China's data has also been picking up. This past week, China reported first-quarter GDPat 6.4%, slightly better than the 6.3% expected by economists. Dan Suzuki, portfolio strategist at Richard Bernstein Advisors, said he still sees deteriorating fundamentals for both earnings and the economy, even though data appears to be improving.
no 💩! pump & dump is new in 2019 😔🤡
Of course you would run this on a holiday. Nice scam you got there
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Markets mixed as growth fears clash with strong US bank earnings and Chinese export gainsStock markets reflected optimism mixed with trade disputes and financial conditions that 'have been plaguing investors,' said London Capital Group's Jasper Lawler.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Dow rises 200 points as healthy bank earnings, China trade data buoy marketsU.S. stocks open solidly higher on global growth optimism, alongside bullishly received bank earnings and a big jump for shares of Dow component Walt Disney... Maybe someone has increased his prayer.
Source: MarketWatch - 🏆 3. / 97 Read more »
European markets expected to open slightly higher ahead of earnings and dataEuropean markets are expected to open slightly higher on Tuesday, as investors await a fresh round of U.S. corporate earnings.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks rise at the open after strong earnings and China economic dataStocks rose on Wednesday as sentiment was lifted by stronger-than-expected corporate earnings and solid economic data out of China. Good news, but not even close to being tired of winning realDonaldTrump
Source: CNBC - 🏆 12. / 72 Read more »
Dow futures slightly lower ahead of fresh earnings and dataU.S. stock index futures were lower Thursday morning, as market participants awaited further earnings reports. That means $NBEV is rising... 🤑🤑🤑 Blast the economy...
Source: CNBC - 🏆 12. / 72 Read more »
Atlassian stock dropped 8% a day after it reported earnings, but Wall Street has 'no fear' about its futureA day after Atlassian reported Q3 earnings, its stock dropped 8%. Wall Street explains why it happened and why they still believe Atlassian will grow. SAI Atlassian products are excellent. Those trying to affect its image or value would only benefit competitors or those wishing to buy them out. Please hold the line, Atlassian. You created outstanding products that only you understand & will help build the success of others. Kocdur sctandogdu
Source: BusinessInsider - 🏆 729. / 51 Read more »