Wall Street edges higher on robust earnings, Brexit deal

NEW YORK - Wall Street gained ground on Thursday as positive geopolitical developments and a string of corporate earnings beats put investors in a buying mood.

Positive statements from Beijing and Washington raised hopes that a phased agreement could be reached to resolve the market-rattling trade war between the world’s two largest economies. Analysts currently see third-quarter S&P 500 earnings dropping by 2.9%, according to Refinitiv I/B/E/S, marking the first contraction since the earnings recession that ended mid-2016.

“Earnings have been above expectations,” Nolte added. “ a millipede could get over those expectations, the bar has been set so low.”

USA & UK signent aussi leur Deal commercial dans peu.. ils auraient terminer les travaux selon les oui dires de Seniors de Londres !

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 opens higher on Brexit deal, earnings cheerU.S. stocks opened higher on Thursday, as worries over geopolitics eased after B...
Source: Reuters - 🏆 2. / 97 Read more »

LIVE: Netflix reports Q3 earnings as Wall Street braces for another miss on subscriber growthNetflix reports on Wednesday its most pivotal earnings in years, after badly missing its subscriber growth forecasts last quarter. I cancelled my subscription a while back - when the Obamas were named to the board. Haven’t missed it one bit.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street slips as weak economic data offsets earnings strengthWeak economic data dragged Wall Street down despite a positive start to earnings season WallStreet 2018 was just a Cotton candy sugar high.
Source: Reuters - 🏆 2. / 97 Read more »