BNN Bloomberg's Jon Erlichman looks at how North American markets are shaping up for the trading day.
The S&P 500 hovered near 5,610. Target Corp. climbed 15 per cent after ending a string of sales declines in the second quarter, citing improved discretionary spending. Macy’s Inc. slightly missed analysts’ estimates for its quarterly revenue and lowered its outlook for sales during the rest of the year.
This matters because the market is very sensitive to soft labour market data and we know that from the recent pop in jobless claims and July jobs report. So, while investors are OK ignoring most disappointing data, they aren’t ignoring soft labor market data and if these revisions are worse than expected, look for it to weigh on stocks today.This is typically not a market-mover.
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.
Markets today: Stocks tick higher as focus swings to tech resultsStocks edged higher as investor attention moved from U.S. politics to a wave of company earnings, with tech heavyweights Tesla Inc. and Alphabet Inc. due to report later Tuesday.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »
Markets today: Stocks slump as Tesla and LVMH earnings disappointStocks slumped on lackluster results from Tesla Inc., LVMH and Deutsche Bank AG, fueling concern about the health of global business as the reporting season kicks into overdrive. Nasdaq 100 index futures sank more than one per cent.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »
Markets today: Stocks slide on concern AI still a ‘show me’ storyStocks got hammered after a disappointing start of the megacap earnings season fuelled speculation the artificial-intelligence frenzy that has powered the bull market still needs to pay off.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »
Markets today: Stocks extend losses as worries go beyond AI frothA wave of earnings misses and worries about U.S. economic growth are driving losses across global markets, adding extra fuel to a selloff that was first sparked by traders pulling out of megacap tech.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »
Markets today: Stocks rally ahead of big week for rates, earningsU.S. stock futures strengthened on the back of equity gains in Europe and Asia, signaling rising optimism ahead of major central bank decisions and big tech earnings due this week.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »
Stock market news today: Stocks wobble to kick off huge week for marketsInvestors are bracing for a big week filled with a Fed rate decision, the jobs report and Big Tech earnings.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »