Stocks barely budged Wednesday morning after a mixed bag of pre-market earnings results revealed that the economic recovery is still suffering from weak fundamentals.Key Facts
As of 9:35 a.m., the Dow Jones Industrial Average had edged up .1%, while the S&P 500 and the tech-heavy Nasdaq ticked up .2% and .5%, respectively.and a 30% surge in revenue fueled by the mid-pandemic trading boom. , posting mixed results for the third quarter that beat analysts expectations on profits, which totaled $4.9 billion, but fell behind on revenue expectations; its shares are down nearly 3%.
Wells Fargo shares are down 3% after reporting a 56% drop in quarterly earnings due to decreased interest income in light of historically low interest rates,Global markets were also fairly tepid on Wednesday: As of market open, the United Kingdom's FTSE 100 had fallen .4%, and France's CAC 40 was virtually flat, while Japan's Nikkei 225 ended Wednesday up just .1%.
The consumer price index for September–a key measure of inflation–came in slightly below expectations, rising .19% during the month and leading to an unchanged year-over-year rate of 1.7%.The Covid-19 pandemic threw the economy into a deep recession, and Federal Reserve Vice Chairman Richard Claridathat the U.S. economy needs another year–or maybe more–until it fully recovers.
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Stocks making the biggest moves premarket: Bank of America, UnitedHealth, Goldman SachsThese are the stocks posting the largest moves before the bell. nice WE CAN SEE UNITED HEALTH GROUP THE PRIVATE SECTOR ADOPTED OUR PROGRAM ¨HEALTH FOR ALL¨ KNOWING THE CHALLENGES. WHERE AFRICA ? The Wall Street banking cartel and criminal syndicate is basking in the Federal Reserve's generosity.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Stocks making the biggest moves after hours: Disney, Twilio, Ethan Allen and moreSee which stocks are posting big moves after the bell on October 12.
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Dow Jumps 250 Points As Trump Touts Stocks As ‘Greatest Leading Indicator Of Them All’The Dow jumped 250 points today as Trump touts stocks as the 'greatest leading indicator of them all' Proving once again how out of touch he is Only 52% of American own stocks. What about the rest of the nation Clueless It’s going up because Biden is favourite 🤣
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Stocks making the biggest moves midday: Dillard's, Twilio, Ford Motor, Apple & moreOne of Warren Buffett's top lieutenants buys into Dillard's. Twitter gets a boost from an analyst upgrade. Paper currency and sheeple drama Chipotle and Five Below are up. That’s the market we have, where 75% less earnings mean higher stock prices. Let it all burn to the ground, the heck with my 401k. Stock market is besides itself because of the looming Biden landslide victory.
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Apple, Twitter, Twilio Shares Rise As Stocks Prep For Big Earnings Week AheadTechnology stocks are leading otherwise tepid gains on Monday, as they add back losses from early September. ;) we are being killed, harassed and discriminated against with impunity by our 'own' police. They declared war against us. We need help! sarsmustend Nigeria
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'Get long' — Cramer sees coronavirus trends driving stocks higher no matter who wins election'There are enough trends out there, established by Covid, that just say, 'Get long. And the No. 1, of course, is the internet just plowing through,' CNBC's Jim Cramer said on Monday. Surrrre. The market is real real confident. So confident it tanked the day Trump got Covid. jimcramer I agree with that, and we need to be more honest with the stocks. No party wants to see a stock collapse 🤷♂️😂, Right? We may have different paths of reaching a particular goal, but no one wants collapse, and collapse itself takes more than a presidential change. Right? You go J-Chill. Tell it like it is. Keep dealing the straight goods.
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