Market Pulse - Usa
US close: Stocks sharply lower following tech earnings, PCE reading
Wall Street stocks closed sharply lower on Thursday as market participants were again zeroed in on Q3 earnings and a number of key data points.
International Paper posts strong quarter, reviews GCF business
International Paper posted strong third-quarter results on Thursday, reporting adjusted earnings of 44 cents per share, surpassing the Zacks consensus estimate of 24 cents by 83%.
Merck tops Q3 earnings forecasts despite slower Gardasil demand
Pharmaceuticals firm Merck reported a solid third quarter on Thursday, with revenue up 4% year-over-year to $16. 7bn, driven by robust sales of its cancer drug Keytruda, although muted demand for the Gardasil HPV vaccine remained a challenge.
US open: Stocks lower following Q3 earnings, PCE data
Wall Street stocks were firmly in the red early on Thursday as market participants were again zeroed in on Q3 earnings and a number of key data points.
US initial jobless claims fall to 216,000
Americans lined up for unemployment benefits at a decelerated pace in the week ended 26 October, according to the Labor Department.
US pre-open: Futures lower following Q3 GDP, tech earnings
Wall Street futures were firmly in the red ahead of the bell on Thursday following a preliminary reading of America's Q3 GDP and earnings from some big-name tech firms overnight.
US close: Stocks lower following preliminary GDP reading
Wall Street stocks were in the red at the close of trading on Wednesday as market participants digested Q3 earnings and a preliminary Q3 GDP reading.
US open: Stocks higher following preliminary GDP reading
Wall Street stocks were in the green early on Wednesday as market participants digested Q3 earnings and a preliminary Q3 GDP reading.
US pre-open: Futures mixed ahead of preliminary GDP figures
Wall Street futures were mixed ahead of the bell on Wednesday as market participants continued to digest Q3 earnings and awaited a fresh GDP reading.
US home price growth cools to 4.2pc in August
S&P CoreLogic/Case-Shiller said on Tuesday that US home prices increased by 4. 2% in August, down from the 4. 8% gain seen in July as higher interest rates curbed growth.
US open: Mixed start to trading as investors await Alphabet earnings
Wall Street trading got off to a mixed start on Tuesday as market participants braced for a number of big tech earnings.
US job openings fall to more than three year low in September
September's JOLTS job report revealed the number of job openings in the US had fallen by 418,000 to 7. 44m last month, the lowest level seen since January 2021.
Conference Board's US consumer confidence index rises in October
The Conference Board's consumer confidence index increased to 108. 7 in October, up from 99. 2 in September.
US pre-open: Futures trade lower ahead of Alphabet earnings
Wall Street stocks were in the red ahead of the bell on Tuesday as market participants braced for a number of big tech earnings.
Royal Caribbean posts solid third quarter but more cautious outlook
Shares in Miami-based cruise operator Royal Caribbean were sliding in early trading on Tuesday, even after it reported adjusted third-quarter earnings per share of $5. 20, surpassing analyst expectations of $5. 04.
McDonald's tops Q3 forecasts, but international sales narrow
McDonald's reported third-quarter 2024 earnings that surpassed Wall Street expectations on Tuesday, driven by effective US sales strategies, but weighed down by international challenges.
US close: Dow Jones reverses Friday's losses
Wall Street stocks were in the green at the close of trading on Monday as market participants prepared for a week jam-packed with Q3 earnings.
US open: Stocks sharply higher as investors await Q3 earnings
Wall Street stocks were in the green early on Monday as market participants prepared for a week jam-packed with Q3 earnings.
US pre-open: Futures higher ahead of earnings
Wall Street futures were in the green ahead of the bell on Monday as market participants prepared for a week jam-packed with Q3 earnings.
US durable goods orders drop in September due to drag from civilian aircraft
Orders for goods made to last three years or more fell as expected last month, due to the drag from a sharp drop in those for aircraft.