Stocks barely budged Wednesday morning after a mixed bag of pre-market earnings results revealed that the economic recovery is still suffering from weak fundamentals.Key Facts
As of 9:35 a.m., the Dow Jones Industrial Average had edged up .1%, while the S&P 500 and the tech-heavy Nasdaq ticked up .2% and .5%, respectively.and a 30% surge in revenue fueled by the mid-pandemic trading boom. , posting mixed results for the third quarter that beat analysts expectations on profits, which totaled $4.9 billion, but fell behind on revenue expectations; its shares are down nearly 3%.
Wells Fargo shares are down 3% after reporting a 56% drop in quarterly earnings due to decreased interest income in light of historically low interest rates,Global markets were also fairly tepid on Wednesday: As of market open, the United Kingdom's FTSE 100 had fallen .4%, and France's CAC 40 was virtually flat, while Japan's Nikkei 225 ended Wednesday up just .1%.
The consumer price index for September–a key measure of inflation–came in slightly below expectations, rising .19% during the month and leading to an unchanged year-over-year rate of 1.7%.The Covid-19 pandemic threw the economy into a deep recession, and Federal Reserve Vice Chairman Richard Claridathat the U.S. economy needs another year–or maybe more–until it fully recovers.
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Stocks Tick Up After Goldman Earnings Soar, But Key Economic Indicator Shows Consumer WorriesGoldman revealed better-than-expected profits that nearly doubled, while Wells Fargo and Bank of America both missed Wall Street estimates. nice I just want to say a big thank you to Markdonaldlis I was nobody until a friend of mine introduced me to you it has been nothing but financial success for me , I will continue to share your good name ma’am
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Stocks making the biggest moves premarket: Bank of America, UnitedHealth, Goldman SachsThese are the stocks posting the largest moves before the bell. nice WE CAN SEE UNITED HEALTH GROUP THE PRIVATE SECTOR ADOPTED OUR PROGRAM ¨HEALTH FOR ALL¨ KNOWING THE CHALLENGES. WHERE AFRICA ? The Wall Street banking cartel and criminal syndicate is basking in the Federal Reserve's generosity.
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Stocks making the biggest moves premarket: Johnson & Johnson, Blackrock, JPMorgan ChaseThese are the stocks posting the largest moves before the bell. ZekeEmanuel is a Communist trying to turn the US into a socialist society. PS he's also a billionaire. 🤔 DontTellChina He was the Chief of the ACA. DemocratsAreCommunist
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Watch these two transports stocks as Amazon, Target kick off online sales events, traders sayOnline sales events like those by Walmart, Amazon, Target and Best Buy 'should be massively positive for both FedEx and UPS,' trader Boris Schlossberg said. YOU NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested. 📈
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Japan stocks set to rise as investors look to China's trade data for September aheadShares of Apple suppliers in Asia-Pacific will also be watched after the Cupertino-based tech giant saw its stock stateside soar on Monday. I felt relief when I submitted my ballot at City Hall. It was a feeling that we are collectively turning our country from hatred, deceit, violence & corruption to inclusive, decent, common sense government. Thank god for Joe & Kamala. The right leaders at the right time.
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Dow Jumps 250 Points As Trump Touts Stocks As ‘Greatest Leading Indicator Of Them All’The Dow jumped 250 points today as Trump touts stocks as the 'greatest leading indicator of them all' Proving once again how out of touch he is Only 52% of American own stocks. What about the rest of the nation Clueless It’s going up because Biden is favourite 🤣
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