Wall St Week Ahead US stocks' lofty valuations in spotlight as earnings season nears

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 54 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 126%
  • Publisher: 78%

Kitco News Berita

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

NEW YORK, April 5 - The U.S. stock market is the most expensive it has been in around two years. Its valuation could be put to the test as companies report earnings in coming weeks.

Investors will also listen for companies’ views on the economy and inflation, to gauge whether the so-called Goldilocks environment of resilient growth and cooling consumer prices can continue. Delta Air Lines , opens new tab, BlackRock , opens new tab, and JPMorgan Chase & Co , opens new tab are among the companies scheduled to release their first quarter results next week. Investors will also be watching for March U.S. consumer price data, expected on April 10.

Chipmaker Nvidia, for instance, is up 78% in 2024, while Tesla , opens new tab shares have fallen over 30% due to concerns over its margins and demand. The electric vehicle maker has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, Reuters reported on Friday.

“If the U.S. economy starts to bounce from here you want exposure to industries with real economy end-markets," said Justin Menne, head of US equities for Harbor Capital Advisors, who is overweight shares of energy companies.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 13. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

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

Stock market today: Wall Street rises ahead of a big week for central banksNEW YORK (AP) — Stocks rose ahead of a busy week for central banks around the world that could dictate where interest rates go next. The S&P 500 addded 0.6% Monday, coming off its first back-to-back weekly losses since October.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »

Stock market today: Wall Street rises toward records ahead of a big week for central banksNEW YORK (AP) — Stocks are rising Monday ahead of a busy week for central banks around the world that could dictate where interest rates go. The S&P 500 was ...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: Wall Street notches another record ahead of Fed newsNEW YORK (AP) — Wall Street notched another record high as traders wait to hear what the Federal Reserve will do with interest rates. The S&P 500 shook off an early loss and closed 0.6% higher Tuesday, beating the all-time high it set last week.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »

Stock market today: Wall Street edges lower after setting record highs last weekNEW YORK (AP) — Stocks are ticking lower on Wall Street at the start of what will be a short trading week. The S&P 500 was down 0.2% in early trading Monday. The Dow Jones Industrial Average was off 73 points, and the Nasdaq composite was down 0.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »

Stock market today: Wall Street hangs near record highs at the start of a busy weekNEW YORK (AP) — Stocks are hanging near their records at the start of a week with several influential economic reports, including the government’s monthly jobs market survey on Friday. The S&P 500 was up 0.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »