Investing.com -- The Dow plunged Friday, as major Wall Street banks kicked off the earnings season with disappointing results, stoking worries about the strength of the upcoming earnings season at a time when inflation jitters remain front and center.) stock fell more than 6% after the banking giant forecast full-year income from interest payments below expectations as the industry prepares for widely expected Federal Reserve rate cuts.
Analysts expect S&P 500 companies in aggregate to report earnings increased 5% in the first quarter from a year earlier, according to LSEG data, a sharp drop from the 10.1% growth seen in the fourth quarter of 2023.) stock fell 3.3% after the streaming service provider said on Friday it has identified a second cyber attack that impacted about 576,000 accounts, after disclosing unauthorized access of 15,000 user accounts earlier this year.
U.S. officials have predicted an attack by Iran against Israel shortly, in retaliation for a suspected Israeli air strike against a top Iranian military commander in Damascus earlier this week.
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Stock Market Today: Dow extend losing streak as rising geopolitical tensions biteStock Market Today: Dow extend losing streak as rising geopolitical tensions bite
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Stock market today: Asia stocks rise with market focus on signs of interest rate cutAsia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low.
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Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia. U.S. futures were lower while oil prices rose. China real estate developer Vanke’s Hong Kong-listed shares slumped 11.4% on Tuesday after the company reported last week of a notable decrease in profit and no dividend payout.
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Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
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Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
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Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
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