Stock markets rally on tech bounce, earnings hope

AFP/Spencer Platt/Getty Images

After a hefty drop Monday, all three main indexes on Wall Street posted solid gains Tuesday as companies' earnings soothed concerns about the impact on their bottom lines from soaring inflation and rising interest rates. "That doesn't mean we won't see more downside for some stock markets around the world, especially given that earnings expectations are likely to be adjusted downward. But I believe we are far closer to the bottom than the top."

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Maverick: Netflix’s new hit stokes K-drama maker’s stock with 82% rallyKorea’s entertainment stocks have been much sought-after following a number of blockbuster hits and the growing appeal of its pop culture, with popular shows delivering stock price gains to companies involved in their production and distribution.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

Business Maverick: Stocks Surge Higher as Nasdaq 100 Rally Tops 2%: Markets WrapUS stocks extended gains as investors assessed the outlook for earnings amid speculation disappointments may be already priced into markets.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

Tech services group Sebata’s headline earnings plungeThe former MicroMega Holdings posts a R705.8m loss compared with a R50.9m loss a year earlier I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Mike_Rosehart , and I gave Bitcoin trading another try, I successfully withdrew R240,000 after two weeks of trading, am so grateful Mike_Rosehart thank you.
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »

MARKET WRAP: JSE follows global peers higher as positive US corporate earnings lift sentimentThis week the focus will be on the response from central banks to high inflation and concerns about slowing growth
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »