Stock market today: Wall Street holds steady as earnings reports wind down

NEW YORK — U.S. stocks are holding relatively steady as trading on Wall Street calms following some sharp recent swings. The S&P 500 was up 0.2% in early trading Tuesday, coming off a strong three-day winning streak. The Dow Jones Industrial Average rose 35 points, and the Nasdaq composite added 0.2%. The Walt Disney Co. sank after reporting revenue that fell a bit shy of forecasts. Disney also said it expects its streaming business to soften.

Corporate profit reports have been better than expected, not just in the United States but also in Europe and Japan, according to strategists at Deutsche Bank. Global earnings growth is on track for a second straight quarter of growth following four consecutive declines. Traders are betting on a nearly 89% chance that the Fed will cut its main interest rate at least once before the end of the year, according to data from CME Group. That’s up from from an 81.6% probability seen a week earlier. Lower rates would help ease the pressure on the economy and financial system.

The Kospi in South Korea surged 2.2% to 2,734.36, helped by big tech companies like Samsung Electronics, which racked up a 4.8% gain, and smaller rival SK Hynix, which added 3.7%.

España Últimas Noticias, España Titulares

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

Stock market today: Wall Street holds steady after a bumpy ride last weekNEW YORK (AP) — Stocks are holding steadier on Wall Street after a roller-coaster end to last week left them a bit shy of their records. The S&P 500 was little changed in early trading Monday.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Stocks go nowhere as Wall Street waits for inflation printInvestors regrouped for a packed week with a fresh inflation data test for rate-cut views and the start of first quarter earnings season.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Wall Street holds steadier after its slide on worries about ratesNEW YORK (AP) — U.S. stocks are holding firmer Thursday, a day after tumbling on worries that interest rates may stay high for a while. The S&P 500 was virtually unchanged in early trading.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Wall Street drifts after another inflation report as worries about rates remainNEW YORK (AP) — U.S. stocks are drifting Thursday, a day after tumbling on worries that interest rates may stay high for a while. The S&P 500 was 0.3% lower in morning trading, coming off a slide of 0.9%.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Wall Street edges lower in premarket after mixed earnings from big banksHONG KONG — Wall Street veered into negative territory early Friday after several big banks issued mixed first-quarter earnings reports and trimmed guidance ...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »