Stocks marched higher in morning trading on Wall Street Tuesday after some of the nation's largest companies reported surprisingly good financial results.
Bond prices fell. The yield on the 10-year Treasury rose to 1.75% from 1.73% late Friday. Bond markets were closed Monday for Columbus Day. Banks continue their earnings reports on Wednesday with Bank of America and PNC Financial. Railroad giant CSX, Netflix and IBM will also report results on Wednesday.
The dire prediction could soften as more companies report earnings. Similar forecasts were made ahead of both the first and second quarter reporting periods and companies in the S&P 500 managed to deliver only a modest contraction each time.
What is it? Opposite Day
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.
What to watch today: Stocks set for gains, earnings deluge and fourth Democratic debateU.S. stocks appear set for gains at the open, but a handful of key bank earnings could change, or boost, that outlook between now and the opening bell. MAGA
Source: CNBC - 🏆 12. / 72 Read more »
Global stocks edge higher on Brexit hopes, trade optimism fadesGlobal stocks edged higher on Tuesday yet safe havens were still in play as mark... This headline does not make any freaking sense
Source: Reuters - 🏆 2. / 97 Read more »
Stocks close slightly lower after a choppy day of tradingU.S. stocks fluctuated after China appeared to pour cold water on a partial trade deal touted by President Trump, saying it wanted to iron out details. There. Is. No. Plan. Screw the Chinese, who needs those savant morons that failed utterly at population control. We don't need that here. What Song are the Rich Stock Holders Singing,Trump was their Man,They're constantly loosing Money,I would Pulled My Stock
Source: latimes - 🏆 11. / 82 Read more »
Stocks pause on unsettled trade deal; earnings eyedWall Street edged lower on Monday as uncertainties following recent U.S.-China t...
Source: Reuters - 🏆 2. / 97 Read more »
These stocks are long-term winners from the automation boom, Citi saysCompanies like General Electric, Siemens, and Honeywell are well-positioned to ride the automation boom, according to Citi.
Source: CNBC - 🏆 12. / 72 Read more »
94% of the time when this happens, stocks are a winning bet over bondsBank of America says investors should still look to stocks for value rather than bonds. We are headed into a major financial crisis that will be a liquidity event which involves government – not the private sector - as was the case in 2008. So buckle-up. This is something NOBODY has ever witnessed before!! Fed Model on steroids. StockMarket
Source: CNBC - 🏆 12. / 72 Read more »