Beyond earnings, investors remain concerned about slowing global growth, rising inflation and the Federal Reserve's monetary tightening.in the first quarter by 1.4% from the previous year, compared to the 1% growth expected by economists surveyed by Dow Jones.
On Friday investors will look for fresh data on personal consumption expenditures . Core PCE is the Federal Reserve's primary inflation gauge. The University of Michigan's consumer sentiment index is also due out at 10 am ET. Friday will bring a quieter day of earnings to end the week. Honeywell, Bristol-Myers Squibb are on deck before the bell. Energy companies Exxon Mobil, Chevron and Phillips 66 will also report.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria 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: Nasdaq Futures Soar as Stocks Look to Get Back on TrackNasdaq futures bounced nearly 2% on Thursday. Dow and S&P 500 futures were also higher. Thanks. The richest 10% of the population that owns 89% of all stock will be thrilled.
Source: nbcchicago - 🏆 545. / 51 Read more »
Tech stocks slump again; Nasdaq has worst loss since 2020Stocks closed broadly lower on Wall Street Tuesday, weighed down by sharp declines in big tech stocks that also left the Nasdaq composite with its worst drop since September 2020. Go woke go broke. More big budget cuts coming for schools. CalSTRS is $100 billion in debt and invests in loads of garbage.
Source: latimes - 🏆 11. / 82 Read more »
Sanders urges Biden to block 'anti-union' companies like Amazon from federal contractsSen. Bernie Sander is pressuring President Biden to take action against corporations that engage in union-busting, specifically calling out Amazon while urging him to ban such entities from receiving federal contracts.
Source: FoxNews - 🏆 9. / 87 Read more »