Most stock-market indexes rose Monday morning, as investors adjusted expectations around a widely anticipated rate cut by the Federal Reserve at the end of the month and braced for a deluge of corporate results after a strong start to earnings season.
What’s driving the market? After a strong start to earnings season last week, investors will see results from 144 S&P 500 companies and a third of Dow components this week. Shares of energy services firm Haliburton Co. HAL, +5.54% rose 6.8%, after the company reported second-quarter profit that topped expectations. Heavyweights due to report in the week ahead include Facebook Inc. FB, +0.97% Coca-Cola Co. KO, -0.33% Caterpillar Inc. CAT, -1.06% and McDonald’s Corp. MCD, +0.
See: Iran seizes British-flagged oil tanker — here’s what you need to know about the Strait of Hormuz Which stocks are in focus? Equifax Inc. EFX, +0.60% came to a $700 million settlement with federal regulators and U.S. states related to a 2017 data breach that exposed the personal data of nearly 150 million Americans. Shares rose 2.1% in early trade Monday.
I believe you are correct...
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.
Source: WSJ - 🏆 98. / 63 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNN - 🏆 4. / 95 Read more »