News Formal

Wall Street Awaits Crucial Payrolls Report as First Quarter Earnings Season Continues

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 44 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 53%

Finance News

Wall Street,Payrolls Report,First Quarter Earnings Season

Wall Street is expected to end the year positively as traders anticipate next week's important payrolls report. The first quarter earnings season continues this week, with more numbers expected from the crucial U.S. banking sector. Goldman Sachs will be in focus on Monday as the influential investment bank releases its latest results. Investors will be interested in Goldman's net interest income estimates and its response to calls for splitting the CEO and chairman roles.

Investing.com -- Wall Street looks set to end the year on a positive note, as traders await next week’s crucial payrolls report.The first quarter earnings season is set to continue this week, with more numbers scheduled from the all-important U.S. banking sector.) got the season off to a lackluster start on Friday, with the three big banks disappointing investors, weighing on Wall Street.

An independent chair"is nearly always preferable to having a single individual lead both the board and the executive team," influential proxy adviser Glass Lewis wrote earlier this month, reiterating a recommendation from last year.U.S. stock futures edged higher Monday, rallying after the selloff at the end of last week, although any gains are likely to be limited by news of escalating tensions in the Middle East.The losses resulted in the DJIA shedding 2.

It also set weaker production targets for 2024, and doubts remain over whether it will continue with plans for a low-cost EV. The investment bank said that plateauing EV demand and more China competition could impact Tesla's near-to-mid-term growth. The announcement from the U.S. that it will not take part in a counter-offensive against Iran, has also limited concerns.

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 ZA
 

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

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.

Stock futures are little changed as Wall Street awaits bank earnings: Live updatesThe S&P 500 and the Nasdaq Composite popped on Thursday, bouncing after a sharp sell-off that was spurred by a hot inflation report.
Source: nbcchicago - 🏆 545. / 51 Read more »

Stock futures are little changed as Wall Street awaits bank earnings: Live updatesThe S&P 500 and the Nasdaq Composite popped on Thursday, bouncing after a sharp sell-off that was spurred by a hot inflation report.
Source: NBCLA - 🏆 319. / 59 Read more »

U.S. Stocks Fall as Wall Street Awaits Key Inflation DataA recap of Tuesday's key moments in the CNBC Investing Club's Morning Meeting livestream, as U.S. stocks fell ahead of the release of the March consumer price index.
Source: CNBC - 🏆 12. / 72 Read more »

Goldman Sachs reports earnings before market open — here's what the Street expectsGoldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul Monday. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Source: AP - 🏆 728. / 51 Read more »