Stocks edge lower after retail sales surprise: Stock market news today

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.

) hugged the flatline in mid-morning trading after falling about 130 points at the open. Contracts on the benchmark S&P 500 all fell on the news, down roughly 6%, 3% and 8%, respectively, as the broader tech space lags the overall market.

It reported earnings of $7.8 billion and revenue of $25.2 billion, which was up 3% from a year ago. Its net interest income, which measures the difference between what it makes on its loans and pays for its deposits, rose 4% year over year. New data from the Commerce Department released Monday showed retail sales rose 0.7% in September from the previous month, more than double Wall Street's estimates for 0.3% growth. Sales excluding auto and gas increased 0.6%, above estimates for a 0.1% increase compiled by Bloomberg. Meanwhile, August's sales were revised up to 0.8% from a previously reported 0.6% increase.

Investors will be closely watching third quarter earnings from the big tech companies. Data from Bloomberg Intelligence shows that the big five - Apple , Microsoft , Amazon , Nvidia , and Alphabet - are expected to show an average 34% year-over-year jump in earnings. Yahoo Finance Senior Business Reporter Ines Ferre joins to break down the potential performance of these companies and what investors should pay attention to.

-- President Xi Jinping said the Belt and Road Initiative has a “golden decade” ahead, welcoming Russian President Vladimir Putin and other delegates at a forum aimed at reinvigorating what Xi has called a “project of the century.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 47. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Hedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman SachsMarket News
แหล่ง: KitcoNewsNOW - 🏆 13. / 78 อ่านเพิ่มเติม »

Stocks rally to kick off big earnings week: Stock market news todayEfforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Stocks rise amid Middle East tensions: Stock market news todayEfforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

US stocks slip as earnings floodgates open: Stock market news todayAll eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Goldman Sachs, Bank of America earnings, September retail sales report: Yahoo Finance LiveBank of America (BAC), Goldman Sachs (GS), and Johnson & Johnson (JNJ) among several big names to report earnings on Wall Street today.Both Bank of America...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Stock market today: Wall Street opens lower as interest rate worries resurfaceBANGKOK — Wall Street is slipping following the latest signal the U.S. economy may still be too strong for the Federal Reserve’s liking. The S&P 500 was 0.7% lower in early trading Tuesday.
แหล่ง: SooToday - 🏆 8. / 85 อ่านเพิ่มเติม »