and the Dow were little changed on Monday, while Nasdaq futures slipped as investors awaited earnings reports that could either disrupt Wall Street's rally, or propel it to fresh record highs.
Among S&P 500 companies, 114 are expected to report quarterly earnings during the week, including International Business Machines (NYSE:Of the S&P 500 companies that have reported results so far, 83.1% have beaten earnings estimates, as of Friday, versus the 79.1% average of the previous four quarters, according to LSEG data.
This, despite risks such as rising geopolitical worries in the Middle East, gains in Treasury yields and the upcoming U.S. presidential election. In broader markets, trades expected to perform well if Republican candidate Donald Trump wins in November were catching a bid, as polls showed the former U.S. president's chances improving. The U.S. dollar, bitcoin and gold gained ground. On the economic front, this week sees the release of home sales, flash PMIs and durable goods data, as well as the Federal Reserve's Beige Book.
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Fuente: Investingcom - 🏆 450. / 53 Leer más »
Fuente: Investingcom - 🏆 450. / 53 Leer más »