Wall St drops as caution rises before big tech earnings, Fed

Shares of tech and internet companies have run up recently and last week regained leadership of the market.

"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year," said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. Adding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares extended losses as fears over more regulations in the mainland persisted.

Caution was also high as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Asia-Pacific stocks set for mixed start following record closing highs on Wall StreetAll three of the major averages stateside ended at record closing highs last week. good luck
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Tesla reports record quarterly earnings, blowing past Wall Street's expectationsIt was far more than double the $438 million it made in the first quarter, and more than 10 times the net income it reported a year ago. And it answered a major criticism of investors who've been bearish on the stock over the strength of Tesla's results. 🚨 Info Token $HXP HEXAGONPay utilutytoken cryptocurrency Giveaways launch Launch Sunday at 10pm CET... Ha, there is a giveaway in progress, enter now, the end is Sunday to coincide with the coin toss. 🚀
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »