News Formal

Wall Street gains as earnings season gathers steam

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

U.S. stock index futures rose slightly on Monday as investors geared up for a busy week of corporate earnings, with results from major companies ...

REUTERS: U.S. stocks rose on Monday, lifted by technology companies, as investors eyed fresh U.S.-China trade developments during a busy week of corporate earnings with results from marquee names including Facebook and Amazon on tap.

As earnings season progresses, profits at S&P 500 companies are now estimated to rise about 1per cent, according to Refinitiv IBES data, in a reversal from earlier expectations of a small drop. Hopes of an interest rate cut helped Wall Street's main indexes recover from a slump in May and scale record levels.

Semiconductor companies likely got a boost from news that White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China's Huawei Technologies .

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Hong Kong: Stocks start on negative note[HONG KONG] Hong Kong stocks opened lower on Monday morning following a negative lead from Wall Street on fading hopes for a deep Federal Reserve interest rate cut. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »