Wall Street poised for mixed open; corporate earnings, economic data in focus

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 79 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Wall Street poised for mixed open; corporate earnings, economic data in focus

and the Nasdaq on track to open higher, as investors geared up for a week packed with corporate earnings and economic data that will likely test stretched stock market valuations.Nasdaq 100

Major financial companies kicked off the third-quarter corporate earnings season on a broadly positive note on Friday, with JPMorgan Chase slipped 2.1% in premarket trading after the company flagged a larger-than-expected Q3 loss on Friday. It said it would cut 17,000 jobs and delay first deliveries of its 777X jet by a year.

Investment bank B. Riley Financial leapt 21.3% after the company said it had agreed to sell its unit, Great American Group, to asset management firm Oaktree Capital in a $386-million deal.) down 1.8% and PDD Holdings losing 2.2%, as investors were left guessing on the size of the overall fiscal stimulus China announced on Saturday.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

 

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

 /  🏆 450. in US

United States United States Latest News, United States United States Headlines

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

Asian stocks climb after Wall Street closes its record-setting week mixedAsian stocks are mostly higher, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, and China.
Source: ksatnews - 🏆 442. / 53 Read more »

Asian stocks climb after Wall Street closes its record-setting week mixedAsian stocks are mostly higher, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, and China.
Source: wjxt4 - 🏆 246. / 63 Read more »