Wall St falls on dour earnings forecasts ahead of inflation data

  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

España Noticias Noticias

España Últimas Noticias,España Titulares

U.S. stock indexes fell on Tuesday as investors turned cautious ahead of a key inflation reading this week, while dour earnings forecasts from companies such as PayPal and Apple supplier Skyworks weighed on the mood.

The action-packed week will see the release of the much-awaited inflation data on Wednesday. The Labor Department's consumer price index is expected to climb 0.4% in April after gaining 0.1% in March.

"It is the CPI print tomorrow, and that's worrying markets, that it could be higher than expected or stickier inflation than expected," said Keith Buchanan, senior portfolio manager at GLOBALT Investments.

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

 /  🏆 2. in ES
 

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

España Últimas Noticias, España Titulares

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

Big Tech has made earnings look better, but here come Disney and PayPalMuch of the first-quarter earnings blizzard has passed, and the results, overall, haven't been as bad as expected, thanks to Apple, Amazon and Microsoft.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

PayPal earnings top expectations as company boosts profit forecastPayPal generated first-quarter net income of $795 million, or 70 cents a share, compared with $509 million, or 43 cents a share, in the year-earlier period. $PYPL benefited from strong e-commerce spending and cost-savings initiatives:
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

After hitting new heights during the pandemic, PayPal has struggled in the market. Here's what's killing the company's stock growthAfter hitting new heights during the pandemic, PayPal has struggled in the market. Here’s what’s killing the company’s stock growth:
Fuente: CNBC - 🏆 12. / 72 Leer más »

Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and moreThese are the stocks posting the largest moves in extended trading.
Fuente: CNBC - 🏆 12. / 72 Leer más »