S&P 500 off lows as Treasury yields retreat, but mixed corporate earnings weigh

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

S&P 500 off lows as Treasury yields retreat, but mixed corporate earnings weigh

Investing.com -- The S&P 500 moved off session lows Friday as Treasury yields took a breather from their recent melt up, but stocks remained on course to snap a two-week week win streak amid mixed quarterly corporate earnings.retreated after hitting the a more than 16-year high a day earlier as Federal Reserve Jerome Powell reiterated that rates would be higher for longer, and teed up the idea of a further hike should the economy continue to surprise to the upside.

The earnings beat points to signs of a bottom nearing in the freight industry, Goldman Sachs said as it lifted its price target on the company to $55 from $53.) fell more than 6% after the company said it now expects adjusted EPS in 2024 of $1.82 to $2.02 a share, well short of analysts of $2.15. The hardware and software services company also cut EBIT growth outlook for 2023 to about 4% growth from 6% to 7% prior, Goldman Sachs said, as the company “makes targeted investments in F4Q to accelerate its growth businesses.”We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 450. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock Market News, Oct. 18, 2023: S&P 500 Closes Lower, Treasury Yields Climb Above 4.9%Netflix shares rose in off-hours trading after the company said it's planning price increases
Fuente: WSJ - 🏆 98. / 63 Leer más »

Stock Market Has Stress Fractures but No Clear BreaksStocks Analysis by Michele Schneider covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Michele Schneider's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »

How Deep Will the Current Stock Market Drawdown Go?Stocks Analysis by James Picerno covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read James Picerno's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »