Futures fall with investors wary ahead of earnings

  • 📰 Reuters
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

U.S. stock index futures fell on Monday, bracing for the start of the earnings season which could see profits come under pressure at a time of growing fears of an economic downturn due to aggressive interest rate hikes.

After a dismal first half of the year, U.S. stocks started July on an upbeat note, however, market participants fear that upcoming quarterly results could trigger another selloff, with earnings potentially falling short of estimates.

The market is now largely pricing in a 75-basis-point rate hike later in July, however concerns about the pace of future rate hikes have grown after a stronger-than-expected jobs report on Friday.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Shares to drop tomorrow

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in PT

Portugal Últimas Notícias, Portugal Manchetes