U.S.-Stock Funds Rise for the Month, Helped by Earnings Reports

  • 📰 WSJ
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Despite being buffeted on all sides, the stock market continues to power ahead. The question is how long corporate earnings, a big driver of this resilient market, will remain solid.

Despite being buffeted on all sides, the stock market continues to power ahead. And mutual-fund investors are benefiting.

The question is how long corporate earnings, a big driver of this resilient market, will remain solid. And of course, how will Covid-19 play out from here? The total return of the average diversified U.S.-stock fund was 0.7% for July, according to Refinitiv Lipper data, pushing the year-to-date advance to 16.5%. International-stock funds were up 0.1% for the month, to push their year-to-date average gain to 9.2%.

Inflation, and what the Federal Reserve might do about it, remains a concern for companies and investors. “One of the most interesting observations this earnings season is the number of references to inflation,” says Ellen Hazen, portfolio manager at F.L.Putnam Investment Management in Wellesley, Mass. Management teams of the 340 companies in the S&P 500 that have reported their earnings so far, says Ms. Hazen, “referenced inflation 661 times in their prepared remarks”—up from 200 references for the previous quarter.

 

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

Bitcoin I’m doing $5,000 challenge to $50,000 target in the next 1 Months. We will work on binance Future. Started 1 weeks ago and already at $11,250. 📲 Who wants to join us can contact me, if you want to be a part of this. Mining

It's gonna fall with these stupid policies coming out of DC.

There was a big brake through, to crush non economically acting lobby groups. Big Tech, with NO big mechanics and old school with big mechanics are joining together, to make the new thing. By KW the efficiency is times 3 to 5 more efficient Monetarily at least 2 to 3 times 🚀

Do you hear the ringing?

🇰🇷07:00-The economic outlook in South Korea is facing 'heightened uncertainty' amid the spread of the COVID-19 Delta variant,.'The intensifying spread of COVID-19 may partially limit the recovery of domestic demand, mainly in the face-to-face service industry'. 🇪🇸IMPUNITY POLICE

this is terrible news

Alibaba executives raped female employees while she was drunk,Please pay attention to AlibabaRape

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:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Shares of Indonesian e-commerce company Bukalapak jump 25% in stock market debutReports said the e-commerce firm raised $1.5 billion in Indonesia's largest IPO, and the company is valued at $6 billion.
Source: CNBC - 🏆 12. / 72 Read more »