Stocks in Japan were set to see opening gains on Thursday despite an overnight dip on Wall Street following mixed earnings results stateside.
Both the S&P 500 and Nasdaq had posted record closing highs in Tuesday's session, boosted by strong corporate earnings results from companies like United Technologies, Coca-Cola and Twitter. But stocks slipped from record levels on Wednesday as Wall Street digested a mixed batch of corporate earnings.
Investors are closely watching this corporate earnings season amid fears of contracting profits. Analysts polled by FactSet came into the season expecting a 4.2% decline in S&P 500 earnings. The earnings growth rate of the companies that have reported so far is nearly 2.4%, according to FactSet.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street dips after mixed earningsU.S. stocks pulled back slightly on Wednesday after a record-setting rally in th... My housing stocks are rising slowly though...why are Jason and jennifer still trying to defend themselves again?!?
Source: Reuters - 🏆 2. / 97 Read more »
These six stocks have 'upside' potential due to recent developments, Wall Street analysts sayCNBC combed through company research to find analysts from different industries singling out stocks in their coverage universes. snap will see 5 before 15 In MO corrupt law enforcement is stealing SIM codes which control your ability to call out. Please send help/transport to Cindy Bray 2133 E Berkeley Springfield MO Everyone in this town is loaded w/roundworm. MuellerReport
Source: CNBC - 🏆 12. / 72 Read more »
Lockheed Martin shares jump 4% as earnings beat Wall Street expectationsLockheed Martin delivered first-quarter earnings on Tuesday that were far above what Wall Street anticipated.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks end the day little changed as Wall Street braces for a corporate earnings delugeWe celebrated CNBC's 30th anniversary by ringing the closing bell at NYSE today. Stocks closed flat, with the S&P 500 holding above the critical 2,900 level. NYSE ClosingBell NYSE Most Well Come S&P Unit Everybody and New York Stock Exchanges and CNBC Business News Everybody
Source: CNBC - 🏆 12. / 72 Read more »