Market Pulse - Usa
Week ahead: Fed and BoE rate decisions, US jobs in focus
Investors will have their work cut out for them over the coming week with an economic calendar full of significant risk events, including interest rate decisions from the US Federal Reserve and Bank of England, as well as the all important monthly US jobs report.
US open: Major indices in the red as Apple and Amazon shares weigh on market
Wall Street stocks opened lower on Friday after both Apple and Amazon posted disappointing earnings overnight.
Inflation concerns cap gains in US consumer confidence, University of Michigan says
Consumer confidence in the US continued to languish near the lows hit immediately following the start of the Covid-19 pandemic, as higher inflation and lower confidence in government's economic policies offset the effects of stronger income expectations and receding coronavirus infections, the results of a closely-followed survey revealed.
US pre-open: Futures in the red after Apple and Amazon earnings disappoint
Wall Street futures had stocks opening lower ahead of the bell on Friday after both Apple and Amazon posted disappointing earnings overnight.
Americans continue splashing out more quickly than expected in September
Personal income growth in the US surprised sharply to the downside last month, yet Americans continued splashing out more quickly than expected.
US close: Street finishes green as the earnings keep coming
Wall Street stocks finished in the green on Thursday, as traders digested some key data points and more corporate earnings.
US open: Stocks trade higher following preliminary GDP reading, jobless claims
Wall Street stocks traded higher early on Thursday as traders digested some key data points and more corporate earnings.
Jobless claims fall to another fresh pandemic-era low
Americans applied for unemployment benefits at a slower pace last week, indicating that the US job market and economy were continuing to recover from the coronavirus-induced recession.
US pre-open: Futures in the green ahead of advance GDP reading, earnings
Wall Street futures were trading higher ahead of the bell on Thursday ahead of some key data points and more corporate earnings.
US close: Stocks mixed amid avalanche of earnings
Wall Street trading closed in a mixed state on Wednesday, as investors digested a slab of quarterly earnings reports.
US open: Stocks mixed as Q3 earnings pour in
Wall Street trading began on a mixed note on Wednesday as investors digested a slab of quarterly earnings reports.
General Motors Q3 earnings beat estimates
Carmaker General Motors beat Wall Street estimates with its third-quarter earnings and revenues on Wednesday and said its full-year results were now on track to be at the "high end" of previous guidance.
Coca-Cola Q3 earnings and sales top estimates
Consumer products giant Coca-Cola posted third-quarter earnings and sales on Wednesday that topped estimates, leading the firm to hike its full-year outlook yet again.
US pre-open: Futures mixed amid earnings onslaught
Wall Street futures were pointing to a broadly flat open ahead of the bell on Wednesday as investors prepped for a veritable array of quarterly earnings reports.
US close: Major indices little changed at end of session
Wall Street stocks ended the session much the same as they started them on Tuesday.
US open: Stocks up early as earnings continue to roll in
Wall Street trading began on a positive note on Tuesday after the Dow Jones registered yet another record close in the previous session.
Bank of America forecasts negative price returns for S&P 500 over next decade
Equity strategists at Bank of America told clients to focus on dividends and growth given their forecast for slightly negative price returns for the S&P 500 over the coming decade.
UPS beats expectations with Q3 earnings
Courier United Parcel Service beat analysts' expectations for the third quarter of its trading year thanks to it charging customers higher rates throughout the period.
US pre-open: Futures in the green following Facebook earnings
Wall Street futures were pointing to a positive open ahead of the bell on Tuesday after the Dow Jones registered yet another record close in the previous session.
GE beats market forecasts on Q3 earnings, revenue misses
General Electric beat Wall Street expectations on third quarter earnings on Tuesday, as its jet engine operations continued to bounce back from their Covid-19 valleys.