NEW YORK, Oct 16 - U.S. stocks were sharply higher in Monday afternoon trading as investors were optimistic about the start of earnings season, with transportation shares advancing.
Consumer discretionary led gains among S&P 500 sectors, although all of the sectors were higher on the day. Third-quarter earnings for S&P 500 companies are estimated to have increased 2.2% year-over-year, according to LSEG data Friday. Earlier, data showed the NY Fed's"Empire State" index, a gauge of manufacturing activity in New York State, fell to -4.60 in October, against expectations of a drop to -7.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stocks pick up, oil steadies in cautious marketsKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Leggi di più »
Wall St futures rise ahead of earnings, data; Israel-Hamas conflict weighsKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Leggi di più »