Wall Street fell into unfavorable territory on Monday as indicators of sentimental smartphone demand took a toll on tech shares and an increase in bond yields dented demand for equities, offsetting optimism on earnings. Source link
23APRIL
CategoryCitigroup Inc|C|NYSE
20APRIL
Wall Street Hit by Tech, Oil Weakness
U.S. inventory indexes fell on Friday, with Apple main declines within the expertise sector and as power corporations took a success from decrease oil costs after President Donald Trump’s criticism on OPEC. Source link
16APRIL
Wall Street Rises as Syria Fears Ease; Healthcare Stocks Jump
Shares of Bank of America edged decrease regardless of the lender reporting a better-than-expected improve in quarterly revenue. Analysts predict the S&P 500 corporations to document an 18.6 p.c rise in revenue, their strongest earnings progress in seven years, in line with Thomson Reuters I/B/E/S. However, many merchants say that reactions to outcomes might be […]
13APRIL
Wall St. Drops as JPMorgan Leads Bank Stocks Lower
“This is the exception, and not the norm, to have good reports and stocks sell off,” mentioned Art Hogan, chief market strategist at B. Riley FBR in Boston. “But we did see the banks ramp up, over the last couple of days into these reports, sort of buy the rumor sell on the news is […]
12APRIL
Wall Street Gains as Conflict Fears Ease, Earnings Optimism Rises
“The market is finally starting to build on itself, earnings are coming. This is the real risk-on type of rally,” Antonelli stated. At 12:53 p.m. ET, the Dow Jones Industrial Average was up 1.52 % at 24,556.29. The S&P 500 gained 1.12 % to 2,671.73 and the Nasdaq Composite rose 1.23 % to 7,156.18. Jobless […]
10APRIL
Wall Street Opens Higher as Xi Soothes Trade War Fears
Wall Street opened greater on Tuesday after Chinese President Xi Jinping promised to chop import tariffs, soothing investor considerations about rising U.S.-China commerce tensions. Source link
09APRIL
Wall Street Edges Higher as Techs Gain, Trade War Worries Ebb
All three main U.S. indexes rose greater than a % on Monday as features in know-how shares and a softer stance by U.S. policymakers on China commerce tariffs powered a rebound in shares from final week’s selloff. Source link
05APRIL
S&P 500 Eyes Best Three-Day Gain Since Trump
If present positive factors for S&P 500 maintain, it could be the very best three-day run since Trump’s election victory in November 2016. Nine of the 11 main S&P sectors had been greater, led by a 1.2 p.c achieve on the fabric and the vitality indexes. The S&P 500 index confirmed 4 new 52-week highs […]