Wall Street poised for mixed open; corporate earnings, economic data in focus

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 28 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 92%

Earnings Noticias

Johnson,Week,Nasdaq

Major financial companies kicked off the third-quarter corporate earnings season on a broadly positive note on Friday, with JPMorgan Chase, Wells Fargo and BlackRock rallying after the results

Wall Street futures fluctuated on Monday, with the S&P 500 and the Nasdaq on track to open higher, as investors geared up for a week packed with corporate earnings and economic data that will likely test stretched stock market valuations.

Their gains propelled the Dow Jones Industrial Average and the benchmark S&P 500 to record closing highs in the previous session. Year-over-year third-quarter earnings growth for the S&P 500 is estimated at 4.9%, according to data compiled by LSEG on Friday. While traders have dialled back expectations for an outsized 50-basis-point rate cut at the Fed’s November meeting following a string of strong labour market data, bets on a 25-basis-point reduction have stayed largely intact at around 84%, according to the CME Group’s FedWatch tool.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: Wall Street drifts in mixed trading ahead of Fed meeting this weekNEW YORK (AP) — U.S. stocks are drifting in mixed trading, offering a break from their whipsaw moves in recent weeks. The S&P 500 slipped 0.1% early Monday. The Dow Jones Industrial Average was up 255 points, or 0.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Asian stocks climb after Wall Street closes its record-setting week mixedHONG KONG (AP) — Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, China and Britain...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Global stocks mixed after Wall Street declines; markets wait for China policy briefingHONG KONG (AP) — European markets opened higher while Asian stocks were mostly lower on Friday, with Chinese markets declining as investors awaited a key...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Asian stocks mixed amid weak China data after Wall Street closes the best week of 2024HONG KONG (AP) — Asian stocks were mixed on Monday with several key markets closed for a holiday, after U.S. stocks finished their best week of the year and ...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »