Futures edge up on tech boost; Netflix climbs after upbeat earnings

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 47 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 123%
  • Publisher: 78%

Kitco News Новости

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Oct 18 - Wall Street futures inched higher on Friday, led by gains in those tracking the Nasdaq 100 as technology shares broadly advanced, while Netflix soared following strong quarterly results.

Chip heavyweight Nvidia , was up 0.9%, extending gains from Thursday following strong results from contract chipmaker TSMC , opens new tab, which lifted semiconductor stocks. Upbeat earnings from financial companies and broadly positive economic data have lifted the Dow and the S&P 500 to fresh record highs this week. The Dow closed at a record high on Thursday, while the S&P 500 is nearing the psychologically important 6,000 mark.

Stretched valuations - the S&P 500 is trading at nearly 22 times forward earnings - and high expectations for corporate results could also leave stocks vulnerable to a pullback amid indications that investors are exploring less expensive market sectors. Expectations for the U.S. Federal Reserve to ease interest rates by 25 basis points at its November meeting have remained fairly steady throughout the week, currently standing at 92.1%, according to CME's FedWatch.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 13. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market today: Nasdaq, S&P 500 futures step higher as Netflix jumps after earnings beatThe major gauges are on track for a sixth weekly win in a row after a strong start to earnings season.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Jordan Finneseth Joins Kitco Crypto as a Market ReporterKitco NEWS welcomes Jordan Finneseth as its newest crypto market reporter. With a background in Psychology and a passion for the cryptocurrency space, Jordan brings valuable insights to our team.
Источник: KitcoNewsNOW - 🏆 13. / 78 Прочитайте больше »

Kitco Crypto Market Reporter Jordan Finneseth Brings Psychology Expertise to Cryptocurrency CoverageThis article introduces Jordan Finneseth, a crypto market reporter for Kitco Crypto, highlighting his background in psychology and how it informs his coverage of the cryptocurrency market.
Источник: KitcoNewsNOW - 🏆 13. / 78 Прочитайте больше »