Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the US stock rally, which has flagged as expectations for interest cuts fade. — Reuters picNEW YORK, April 19 — Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the US stock rally, which has flagged as expectations for interest cuts fade.
Additionally, the monthslong rally in stocks has made the index expensive relative to history at a time when rising Treasury yields are pressuring equity valuations. Disappointing earnings from the market’s heavyweights could give investors less reason to hold stocks. Meta Platforms, whose shares have jumped over 40 per cent in 2024, is due on Wednesday, while Alphabet and Microsoft, which are logging year-to-date gains of about 12 per cent and 7.5 per cent respectively, are set for yesterday.
“It appears that the expectations are that they’re really going to deliver again,” said Patrick Kaser, portfolio manager at Brandywine Global. “And so the risk to me is skewed to the downside.”
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
ソース: malaymail - 🏆 1. / 86 続きを読む »
ソース: malaymail - 🏆 1. / 86 続きを読む »