US stocks advance as earnings, guidance beat forecasts

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

US stocks advance as earnings, guidance beat forecasts

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange in New York City, U.S., October 20, 2023. REUTERS/Brendan McDermid/File Photo

All three major U.S. stock indexes were higher, with interest rate sensitive megacaps providing much of the upside lift as benchmark Treasury yields held steady, comfortably below their recent spike to 5%. Third quarter earnings season has shifted into high gear, and this week nearly a third of the companies in the) hiked its annual sales outlook, sending its stock up 2.9%, while 3M rose 4.5% on the heels of its upbeat quarterly report.On the economics front, business activity in the U.S. has ticked higher this month, according to S&P Global's advance"flash" purchasing managers' indexes.

On Friday, the Commerce Department is expected to follow with its closely watched Personal Consumption Expenditures report, which analysts expect will provide further evidence that inflation is slowly cooling down toward the Federal Reserve's average annual 2% target rate.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 450. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

US Stock Market's Stellar 2023 Run Under Threat as Bond Vigilantes Make a ComebackStocks Analysis by James Picerno covering: Vanguard Total Stock Market Index Fund ETF Shares, LPL Financial Holdings Inc, United States 10-Year, SPDR® Bloomberg High Yield Bond ETF. Read James Picerno's latest article on Investing.com
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock Market Today: Dow falls as energy stocks weigh; big tech earnings eyedStock Market Today: Dow falls as energy stocks weigh; big tech earnings eyed
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Agilysys’ stock jumps on revenue, earnings beatJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Crane’s stock rallies more than 5% after Q3 beat, deal to buy piping companyClaudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter ClaudiaAssisMW.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »