Market Pulse - Usa
London close: Stocks finish April in risk-on mood
London stocks reversed course to finish the month of April on a positive note, despite the selling centred on lenders' shares after first-quarter earnings from NatWest failed to impress.
US open: Stocks reverse initial dip
Wall Street got off to a slightly lower start but then moved quickly into the green as investors digested a raft of economic data, including several key readings on inflation.
US pre-open: Futures firmly in the red as earnings remain in focus
Wall Street futures were in the red ahead of the bell on Friday as investors continued to digest earnings.
US close: Stocks jump on wither big day for earnings, data
Wall Street stocks were in the green early on Thursday as market participants thumbed over a number of big-name earnings reports and digested Q1 GDP data.
US pending home sales tumble 23.2% YOY in March
US pending home sales tumbled last month amid a lack of housing stock for potential buyers to choose from.
US open: Stocks trade higher following GDP data, earnings still in focus
Wall Street stocks were in the green early on Thursday as market participants thumbed over a number of big-name earnings reports and digested Q1 GDP data.
US GDP growth slows unexpectedly at the start of 2023
The American economy grew more slowly than anticipated at the start of 2023.
US pre-open: Stocks higher as earnings remain in focus ahead of GDP data
Wall Street futures were in the green ahead of the opening bell on Thursday as market participants thumbed over earnings from Meta Platforms and Caterpillar and awaited US GDP data set for publication later in the day.
Eli Lilly hikes guidance despite first-quarter earnings miss
American pharmaceuticals maker Eli Lilly reported continued core business growth and pipeline momentum in its first-quarter numbers on Thursday, despite missing Wall Street expectations on its earnings.
Merck beats on Q1 earnings amid 'strong underlying performance'
Global pharmaceuticals firm Merck said in its first-quarter earnings on Thursday that, despite a 9% decrease in total worldwide sales year-on-year to $14. 49bn, it saw a “strong underlying performance” across key growth drivers, particularly in oncology and vaccines.
US close: Stocks mixed amid strong tech earnings
Wall Street ended the trading day in a mixed state on Wednesday, as a continued decline in First Republic Bank's shares fueled concerns about the banking sector.
Amazon may be forced to recognise union for first time
E-commerce giant Amazon may be forced to recognise a British trade union for the first time in its history after British union GMB said roughly 700 staff at the US firm's Coventry site have become members.
US open: Dow trades lower as earnings take centre stage
Wall Street stocks were mixed early on Wednesday as earnings remained firmly in focus.
US visible trade deficit narrows sharply
America's shortfall on trade in goods with the rest of the world narrowed sharply and unexpectedly last month.
US durable goods orders jump in March driven by demand for aircraft
Orders for goods made to last more than three years easily outpaced forecasts in March, albeit chiefly due to a big rebound in the oft-volatile orders for jet aircraft.
Boeing Q1 net losses narrow, revenues up 28% YOY
Airplane manufacturer Boeing said on Wednesday that quarterly net losses had narrowed as revenues grew, driven by an improved performance in its commercial airplane unit.
US pre-open: Stocks mixed as earnings remain firmly in focus
Wall Street futures were pointing to a mostly positive open ahead of the bell on Wednesday as earnings remained firmly in focus.
US close: Stocks firmly lower as earnings remain in focus
Major indices were firmly in the red at the close of trading on Tuesday as market participants digested a number of earnings reports.
US new home sales jump in April, prices rise
Home selling activity in the States picked up unexpectedly last month.
US consumers sour on the outlook for business conditions and the jobs market
Consumer confidence in the US slipped as Americans soured on the outlook, especially those younger than 55 and belonging to households earnings more than $50,000.