Wall Street ends mixed with inflation data, earnings on tap By Reuters

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*U.S. STOCKS END MOSTLY HIGHER WITH INFLATION DATA, BANK EARNINGS ON TAP $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸

Of the 11 major sectors of the S&P 500, six ended the session higher, led by industrials. Communication services and utilities suffered the largest percentage losses.

While the report signaled the Fed's restrictive policy is beginning to have its intended economic dampening effect, it raised the odds that the central bank will move forward with another 25 basis point increase to the Fed funds target rate at the conclusion of its May policy meeting. Recent indicators suggest a softening but sturdy economy, one that can withstand hawkish Fed policy as the central bank works to bring inflation closer to its 2% annual target.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

💔yo💔

The market is just being propped up. The economy is dying

The markets are looking strong with upbeat economic data and upcoming earnings reports.

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Higher than what? Misconception at its fullest

Bullish

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Wall Street ends mixed with inflation data, earnings on tapSome Wall Street banks are likely to report lower quarterly earnings and face a dour outlook for the rest of the year, with last month's regional banking crisis and a slowing economy expected to hurt profitability The demise of the US dollar He keeps getting worse than Carter. fact Aside from this report $dxy is not feel well.
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Wall Street bank earnings under pressure after crisisMost Wall Street banks are likely to report lower quarterly earnings and face a dour outlook for the rest of the year, with last month's regional banking crisis and a slowing economy expected to hurt profitability. 完璧 And the bigger they are, the harder they fall, Bring it. Manufactured crisis.
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Wall Street banks to reveal weak quarterly earnings, bleak outlook for 2023Earnings per share of the six largest US banks including JPMorgan Chase, Morgan Stanley, and Goldman Sachs are expected to decline by around 10% from the previous year.
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