Investors hopeful on midterm results, earnings, Japan warning and more: Tuesday's 5 things to know

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Investors will be watching Tuesday's midterm election results to see how it will impact the stock market. Third-quarter earnings reports also continue with Disney, News Corp. and more.

Nearly 90% of the S&P 500 has reported third-quarter numbers, and so far, the results are ahead of expectations.ahead of a crowded week of corporate earnings, inflation data and midterm elections that could see a shift to Republican control of one or both chambers of Congress.

Friday's jobs data, which showed that the labor market remains strong, further squelched some investors' hopes that the Fed might slow its pace of interest-rate increases.could dissuade them from investing in the world’s largest economy. "It would be possible that Japanese automakers hesitate to make further investments towards electrification of vehicles," the government said. "This could cause negative impacts on the expansion of investment and employment in the U.S."South Korea and European countries have also expressed concerns over the tax credits. Last Friday, South Korea said it was seeking a three-year grace period so that its automakers could continue receiving EV incentives in the U.S.

The comments appeared to be in reference to a five-year offshore drilling plan that the Department of the Interior is expected to finalize in the near future. Interior Secretary Deb Haaland has opened the door to block all drilling in federal waters through 2028, but she is also weighing whether to schedule up to 11 lease sales in that time span.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

you explain to me that 70% of the senate chamber election is conservative that pleases wall street

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney+ Powers Japan Streaming Market Growth in Third Quarter, Research FindsDisney+ was the biggest component of the growth in the Japanese streaming market in the July to September quarter. It overtook Hulu Japan to become the third largest streamer in the country, accord…
Source: Variety - 🏆 108. / 63 Read more »