REUTERS: Wall Street was set for a subdued open on Monday after earnings from U.S. lenders Goldman Sachs and Citigroup failed to provide a boost, even as reports suggested of progress in U.S.-China trade talks.
"People are sort of looking for direction," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida. Of the 29 S&P 500 companies reporting results so far, 79.3per cent have surpassed first-quarter earnings estimate, above the average of past four quarters, according to Refinitiv data.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks succumb to Wall Street downturnLONDON: European stock markets gave up early gains on Monday (Apr 8) to close mostly lower, dragged down by US markets worried about trade talks ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Wall Street rally stalls on Boeing slide, earnings jittersU.S. stocks were lower on Monday, following the S&P 500's seven-day winning streak, as Boeing fell and investors braced for what could be the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Wall Street opens lower on worries over trade, earningsWall Street's main indexes opened lower on Tuesday, as trade concerns resurfaced and investors braced for the first quarterly earnings contraction ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Wall Street opens lower on worries over trade, earnings[NEW YORK] Wall Street's main indexes opened lower on Tuesday, as trade concerns resurfaced and investors braced for the first quarterly earnings contraction since 2016. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Wall Street bull run hinges on earningsNEW YORK: Optimism that the United States and China will soon reach a trade deal has helped propel stocks close to new highs, but the decisive ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Wall Street gains, as JPMorgan surges after earningsThe S&P 500 crossed the 2,900 mark for the first time since early October on Friday, boosted by a jump in Walt Disney shares and as bank stocks ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »