With the majority of mega-cap earnings results already released, this upcoming week’s reports will focus mostly on retailers and their forecasts for the second half of this year amid inflationary pressures and lingering supply-chain disruptions. Investors will also be watching for updates on the ongoing worker shortage and the impact of all of this on…
2/2 © Reuters. FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021. REUTERS/Aly Song 2/2 By Herbert Lash NEW YORK (Reuters) – U.S. stocks closed mixed on Monday as downbeat Chinese and New York state…
2/2 © Reuters. FILE PHOTO: A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, March 7, 2/2 By Sinéad Carew NEW YORK (Reuters) – Stock indexes around the world fell…
US stock markets may experience another volatile week amid concerns that the Federal Reserve’s drive to tame inflation, which is running near a four-decade high, could derail the current economic recovery.The Fed raised its benchmark rate by a half percentage point Wednesday, and signaled it could follow up with more increases of the same magnitude.…
2/2 © Reuters. FILE PHOTO: An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter 2/2 By Herbert Lash NEW YORK (Reuters) – Long-dated U.S. Treasury yields surged and global stock markets slid further on Friday as investors worried the Federal Reserve…
© Reuters. By Liz Moyer Investing.com — U.S. stocks opened lower as investors digested comments by Federal Reserve Chairman Jerome Powell after the central bank raised interest rates by a half-point. At 10:17 AM ET, the Dow Jones Industrial Average was down 573 points or 1.7%, while the S&P 500 fell 2.1% and the NASDAQ…
The cloud software-as-a-service (SaaS) industry has gotten off to a tumultuous start in 2022, with the tech sector’s two main ETFs lagging the comparable returns of the NASDAQ Composite by a wide margin over the same timeframe. The First Trust Cloud Computing ETF (NASDAQ:SKYY), and the Global X Cloud Computing Fund (NASDAQ:CLOU) are down 26.5%…
© Reuters. By Liz Moyer Investing.com — U.S. stocks wobbled on Tuesday as a flood of earnings continued and investors braced for an expected half-point jump in interest rates from the Federal Reserve. At 10:15 AM ET, the Dow Jones Industrial Average fell 53 points, or 0.1%, while the S&P 500 rose 0.2%, and the…
2/2 © Reuters. A general view shows the German share price index DAX board during afternoon trading as markets react on the coronavirus disease (COVID-19) at the stock exchange in Frankfurt, Germany, March 25, 2020. REUTERS/Ralph Orlowski/Files 2/2 By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -A gauge of global equity markets edged higher…
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