The upcoming earnings season could decide what's next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation data this week raised investor confidence in equities. Tech stocks outperformed this week, with the sector up 2%, as investors rotated back into risk-on assets. Nvidia advanced more than 7%. And, with earnings season set to ramp up, that could mean further gains.
Housing Market Index Earnings: Intuitive Surgical , Netflix , KeyCorp , M & T Bank Corp ., Elevance Health , Truist Financial , Huntington Bancshares , Blackstone Friday, Oct. 18 8:30 a.m. Building Permits preliminary 8:30 a.m. Housing Starts Earnings: Schlumberger NV , Procter & Gamble , Fifth Third Bancorp , Regions Financial , American Express , Ally Financial
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Dow sinks as much as 3% as market slides on triple witching dayDow (DOW), the holding company of Dow Chemical Company, was one of the worst-performing stocks in the Dow Jones Industrial Average (DJIA) on Friday.
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Nike stock pulls back as Wall Street has low expectations for Tuesday earningsThe market isn’t expecting much from Nike’s (NKE) August quarter when it reports after the close on Tuesday.
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