What You Need To Know About Markets And The Economy
US stocks were trading mixed on Friday but still largely flat as investors digested more corporate earnings results.
The S&P 500 and Dow Jones Industrial Average are headed for their worst trading week since March. The Nasdaq Composite is expected to close the week in the red as well. Over 75% of S&P 500 companies that have reported so far have beat analysts' earnings estimates, per FactSet. Procter & Gamble posted upbeat results on Friday and raised its sales outlook.
Wall Street is also turning attention to next week's release of quarterly results from mega-cap techs like Alphabet and Amazon.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
W.R. Berkley stock falls after insurer misses Wall Street marksW.R. Berkley Corp. shares dropped in the extended session Thursday after the insurer missed the Wall Street consensus by several marks in its first-quarter...
Leer más »
Lordstown Motors warned by Nasdaq about low stock price; will pursue reverse stock splitLordstown Motors stock is trading below $1 a share.
Leer más »
Magnitude Of Fox Settlement Takes Wall Street By Surprise – But It Is Tax Deductible?Fox looks set to weather a massive payout to settle its case with Dominion Voting System. It has $4 billion in cash and generates significant free cash flow annually. The $787.5 million hit, one of…
Leer más »
Wall Street sees 'big opportunities' in Neflix's password sharing crackdownWall Street has high hopes for Netflix as it sees 'big opportunities' in the coming crackdown on password sharing
Leer más »
The Lasting Power of “The Wolf of Wall Street”Martin Scorsese’s “understanding of wealth isn’t just luxurious and carnal, it’s also excremental, sanguinary, emetic, carnivalesque, and violent,” tnyfrontrow writes.
Leer más »
Breakingviews - Wall Street aces its real-life stress testEvery year the biggest U.S. banks endure a tedious exercise, where their businesses are put through a series of theoretical contortions to see how they’d perform in a crisis. One flaw in this plan is that the Federal Reserve, which designs the stress test, has tended to assume that when bad times come, interest rates would fall, not rise. This misconception was corrected by the market, which just staged an exam of its own. Wall Street aced it.
Leer más »