Premarket: Digesting Biden exit, markets focus on earnings, data

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 46 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 92%

Newsletter ニュース

Marketupdate,Tsx,Stocks

Tesla and Alphabet are due to report after the session close in New York, beginning the season for the “Magnificent Seven”

World markets steadied on Tuesday as investors looked beyond Joe Biden’s exit from the U.S. presidential race, turning their focus to corporate earnings and economic data.

The pan-European STOXX index was up 0.1% while U.S. futures were down 0.2% following a 1.1% rise in the S&P 500 on Monday. Investors will now focus on whether the polls show a closer race against Trump than when Biden was the Democratic candidate, Brown said. That tracked a broader rebound in chipmaking shares recovering some of the $100 billion in market value that was wiped off Taiwan’s TSMC, the world’s largest contract chipmaker, over the previous few sessions.

The tech sector is projected to increase year-over-year earnings by 17%, while profit for the communication services sector is seen rising about 22%, according to LSEG IBES, but richly valued stocks are also prone to disappointment. Having moved higher on Monday, benchmark 10-year Treasury yields inched two basis points lower to 4.24% and two-year yields, sensitive to interest rate expectations, were down 2 bp to 4.51%.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 5. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

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。

Premarket: Stocks firm, bitcoin loses some oomph as Biden steps downInvestors prepare for a packed week of corporate earnings
ソース: globebusiness - 🏆 31. / 66 続きを読む »

Investors eye Washington after Biden drops out, Tesla, Visa headline big earnings week: Yahoo FinanceWall Street will be eyeing what happens in Washington after US President Joe Biden announced on Sunday that he was dropping out of the 2024 presidential race...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

Investors eye Washington after Biden drops out, Tesla, Visa headline big earnings week: Yahoo FinanceWall Street will be eyeing what happens in Washington after US President Joe Biden announced on Sunday that he was dropping out of the 2024 presidential race...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

Premarket: Stocks shift focus to earnings, FX markets on Japan intervention watchU.S. earnings kick off with big banks JPMorgan Chase, Wells Fargo and Citigroup
ソース: globeandmail - 🏆 5. / 92 続きを読む »