US Stocks End Mixed as Focus Turns to Earnings

  • 📰 NEWSMAX
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 71%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Wall Street stocks closed mixed Monday as benchmark U.S. Treasury yields backed down from 5% and investors shifted their focus to this week's high profile earnings and closely watched economic data.

The S&P 500 ended modestly lower, while a host of interest rate sensitive momentum stocks, many of which are slated to post third quarter-results this week, buoyed the tech-laded Nasdaq Composite Index to a higher close."The story continues to be about interest rates, and to some extent switching from 'higher for longer' to 'how much higher for how much longer?'" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York.

These include megacap momentum drivers, including Microsoft Corp, Alphabet Inc, Meta Platforms Inc and Amazon.com, along with heavy-hitting industrials such as General Motors Co, Ford Motor Co and Boeing Co. Analysts see aggregate S&P 500 earnings for the July-September period growing 1.2% year-on-year, slightly below the 1.6% growth projected at the start of the month, according to LSEG.

Geopolitical turmoil is also on the radar, with market participants looking for potential signs the Israel-Hamas conflict could broaden or escalate.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 16. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Higher-for-longer interest rates challenge banks as mixed Q3 earnings stack upA common theme across the sector during this earnings season is that higher interest rates will weaken demand for loans, analyst notes
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »