RoboStreet – May 11, 2023 Inflation Data and Earnings Reports Drive Market Volatility The stock market had another volatile week, influenced by significant earnings reports and key inflation data. This week saw prominent companies such as Disney (DIS), Western Digital (WDC), and PayPal (PYPL) release their earnings, along with crucial Consumer Price Index (CPI) and […]
Today, the stock markets experienced a mixed trading session, with the Nasdaq and S&P closing in positive territory, while the Dow ended in the red. The upcoming earnings releases of prominent companies such as DIS, WDC, and PYPL, alongside crucial CPI/PPI data, are expected to influence the market’s next move. Despite talk of a potential […]
RoboStreet – May 4, 2023 Market Volatility Expected to Continue During Earnings Season Stocks fell on Thursday as concerns over banking industry woes and the Federal Reserve’s interest rate hike weighed heavily on investors. All three major US stock indices were down for the fourth consecutive session, and the Dow Jones Industrial Average erased all […]
On Monday, all three major US stock indices closed lower as investors analyzed the banking industry in anticipation of this week’s Federal Open Market Committee (FOMC) meeting. JP Morgan Chase’s announcement that it would be acquiring all the deposits of First Republic Bank resulted in a slump in stocks. The Federal Reserve’s rate-setting committee will […]
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 […]
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