This Week in Business: Consumer confidence, Apple earnings, October jobs report

  • 📰 AP
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The Conference Board on Tuesday issues its consumer confidence report for October; Apple reports its fourth-quarter sales and profits on Thursday after markets close; on Friday morning, the Labor Department offers up its October jobs report.

Analysts expect that American consumers’ confidence fell for the third straight month under the weight of high interest rates, lingering inflation and geopolitical crises. Last month’s most troubling sign was the decline in the index measuring future expectations, which tumbled to 73.7. Readings below 80 for future expectations historically signal a recession within a year.Apple reports its fourth-quarter sales and profit figures on Thursday after markets close.

Analysts expect Apple made $1.39 per share on sales of $89.3 billion. In the third quarter, Apple eked out a slightly higher profit, though sales dipped during the period. It was the third consecutive quarter of falling revenue for the Cupertino, California company, its longest stretch of falling sales in nearly seven years.Despite the Federal Reserve’s effort to tame inflation and cool the economy by raising interest rates, the labor market has held strong. In September, U.S.

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:

 /  🏆 728. in PT
 

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

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Earnings playbook: Your guide to trading another busy week of reports, including Apple and PfizerAbout 30% of the S&P 500 is set to report earnings this week, brining the reporting past the halfway mark.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »