Alphabet earnings reaction, housing data: 3 things to watch in Tuesday's markets

  • 📰 CNBC
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

We'll get Wall Street's reaction to Alphabet earnings, earnings from General Motors and Mastercard and a slew of economic data on Tuesday.

2. More & more earnings

Continuing the busiest week of earnings season, Tuesday brings quarterly results from General Motors, Mastercard, Kellogg, Merck and Pfizer. Better-than-expected earnings this quarter, among other things, rallied the S&P 500 to a record high on Monday. But investors will be watching for fourth quarter earnings forecasts, as 60% of the companies that have reported so far have lowered their Q4 estimates, according to The Earnings Scout.

Toy-maker Mattel, Amgen, Mondelez and video game company Electronic Arts also report earnings on Tuesday.We'll get a bunch of housing data on Tuesday which should shed light on whether the housing market is heating back up. The S&P CoreLogic Case-Shiller U.S. National Home Price Index is expected to rise 2% annually in August, according to Dow Jones, the same as last month. Pending home sales for September are estimated to rise 0.7%, rebounding from August's drop of 1.6%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What to watch today: Dow to rise, Alphabet to report earnings, and Brexit extension approvedU.S. stock futures point to a higher Wall Street open, giving the S&P 500 another chance to break its July record highs. None of the above. I’m going to watch trump get booed alllll day!!! Just keep printing baby
Source: CNBC - 🏆 12. / 72 Read more »

Alphabet could take out its all-time highs after earnings, says top technical analystThe tech sector has nearly doubled the markets gains this year, and those wins may get even bigger after Alphabet reports earnings Monday afternoon. why after earnings? is that part of technical analysis?
Source: CNBC - 🏆 12. / 72 Read more »

Alphabet's Verily is teaming up with two US systems on population health - Business InsiderAlphabet-backed Verily is bringing its expertise in data analytics and product development to Atrius Health and the Palo Alto Veterans health system.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tech giants, Warren Buffett's empire, and the 'Generals': Here's what to look for when these 6 companies report earnings this weekEarnings season has helped drive markets near record highs, and some of the biggest companies are scheduled to report their latest figures this week.
Source: BusinessInsider - 🏆 729. / 51 Read more »