RoboStreet – April 27, 2023 Market Trades Sideways as Earnings Season Unfolds The US stock market rallied on Thursday, propelled by strong earnings reports from Big Tech companies. The Dow Jones, S&P 500, and Nasdaq all closed in the green, with the potential to finish the week in positive territory. Leading the charge was Meta […]
On Wednesday, the Dow and S&P 500 closed lower while the Nasdaq Composite finished in the green, with gains driven by strong tech earnings. The Nasdaq improved on tech earnings, while the broader market sold off, indicating a shift towards sector-specific performance. Results from Meta, Microsoft, and Alphabet set an upbeat tone for the tech […]
U.S. markets opened to mixed results with the Dow and S&P finishing in the green, while the Nasdaq lowered. As big tech earnings season gets closer, investors are eagerly waiting to see how companies like Microsoft, Alphabet, Meta Platforms, and Amazon.com perform. This week is critical, and the market will closely watch these companies’ earnings […]
RoboStreet – April 20, 2023 Stocks Drop as Corporate Earnings Disappoint Investors U.S. stock markets took a dip on Thursday as a string of corporate earnings reports underwhelmed investors and raised concerns about the strength of the economy. The Dow dropped by 0.3%, the S&P 500 fell by 0.6%, and the Nasdaq Composite declined by […]
On Wednesday, the markets remained subdued as the earnings season continued. The U.S. stocks finished a quiet session mostly flat, as investors assessed another batch of corporate earnings, including Morgan Stanley and U.S. Bancorp. However, global government bond yields increased after the UK reported higher-than-expected inflation. The Dow Jones Industrial Average fell while the S&P […]
Stocks closed higher on Monday as investors shifted their focus to first-quarter corporate earnings. The banking sector was particularly in the spotlight after panic over the health of lenders swept markets last month. After major banks kicked off earnings season last week, several more banks are due to announce their earnings this week. Click Here […]
RoboStreet – April 13, 2023 Inflation Cools Down, Stocks Rally Ahead of Earnings Stocks rallied on Thursday as new data showed that inflation is cooling down, leading investors to hope that the Federal Reserve will stop raising interest rates. Earnings season is set to kick off on Friday with JPMorgan Chase, Wells Fargo, and other […]
U.S. stocks experienced a sell-off on Wednesday, with the Dow Jones Industrial Average dropping 38 points, while the S&P 500 and Nasdaq Composite fell by 0.4% and 0.9%, respectively. These indexes had all started the day in positive territory, but the news of rising consumer prices put a dampener on investor confidence. Earnings season kicks […]
Markets are eagerly awaiting the release of the Consumer Price Index (CPI) on Wednesday, which is expected to indicate a 5.2% year-over-year increase for March, down from February’s 6% gain. The stock market was relatively steady on Monday after last week’s employment report, which showed a cooling off of the economy, with the U.S. adding […]
RoboStreet – April 6, 2023 Focus Remains on Monthly Jobs Report, CPI Data, and Fed Rate Decision Stocks moved higher on Thursday, the final trading day before the Easter weekend; however, investors’ concerns remained centered on inflation and the economy. The market’s focus is firmly on Friday’s release of the monthly jobs report, with economists […]
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