earnings

Stock Market Today: Dow Rose Amid Earnings Optimism

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Earnings season is off to a good start.


Angela Weiss/AFP via Getty Images

The stock market rose on Friday, as earnings continued to impress and retail sales data beat expectations.

The


Dow Jones Industrial Average

gained 382 points, or 1.1%, one day after the benchmark climbed 534 points. The


S&P 500

and


Nasdaq Composite

advanced 0.8% and 0.5%, respectively.

“Right on schedule, stocks are rising on the strength of early earning results,” writes Louis Navellier, founder of Navellier & Associates. 

Companies on the S&P 500 have been beating earnings estimates by a decent clip this earnings season. Third-quarter

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Stocks edge lower as Wall Street prepares for earnings

Stocks edged lower in afternoon trading on Wall Street Monday as communications companies and banks fell broadly.

The S&P 500 fell 0.3% as of 2:40 p.m. Eastern after rising as much as 0.6% earlier. The Dow Jones Industrial Average fell 146 points, or 0.4%, to 34,593 and the Nasdaq also fell 0.1%.

The price of U.S. crude oil rose 1.5% to over $80 a barrel.

Bond trading was closed for the Columbus Day holiday.

Investors are looking ahead to the beginning of company earnings this week. Analysts have said that the latest round of corporate results could help give the

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Wall Street eases as caution rises over earnings

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By Caroline Valetkevitch

U.S. stocks ended a choppy session lower on Monday as investors grew more nervous ahead of the third-quarter earnings reporting season.

Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co results on Wednesday.

Indexes reversed early gains, and JPMorgan shares were down and among the biggest drags on the S&P 500, while the S&P financial index was also lower.

According to preliminary data, the

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Dow jones share price: Wall St ends choppy session lower on earnings jitters; financials down

NEW YORK: US stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season.

Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co results on Wednesday.

Indexes reversed early gains after midday and added to losses just before the close. JPMorgan shares were down 2.1% and among the biggest drags on the S&P 500 along with Amazon.com , which fell 1.3%. The S&P financial index was down 1%, while communication services dropped 1.5%.

“The market is a

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Stock market: Q3 earnings’ anticipation to sustain bullish outlook

As investors gain N656bn

By Nkiruka Nnorom  

Investment analysts have indicated that the expectation of release quarter three(Q3) earning reports by quoted companies will sustain the positive sentiment in the market. 

They posited that though the market might be dominated by bears but that would be tempered by bargain hunting in anticipation of the results releases.

READ ALSOOil market: Prices hit the roof over low US stocks

Investors had gained N656 billion last week despite the shortened trading session. The bullish momentum in the local bourse had gained steam as the All Share Index (ASI) rose above the 40,000 to

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Wall Street slips as caution rises over earnings; financials down

  • Energy sector down after hitting highest since Jan 2020
  • Big banks set to start reporting results from Wednesday
  • Indexes up: Dow 0.4%, S&P 0.3%, Nasdaq 0.1%

NEW YORK, Oct 11 (Reuters) – U.S. stocks were mostly lower in afternoon trading Monday with trading choppy as investors were cautious before third-quarter earnings season.

Indexes reversed earlier gains, with the Dow and S&P 500 lower and the Nasdaq essentially flat.

Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co (JPM.N) results on Wednesday.

JPMorgan shares were

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Wall Street banks go into earnings season under a cloud of rising costs

The largest US banks report earnings this week under pressure to rein in ballooning costs, with Wall Street lenders being squeezed by rising pay and heaving spending on technology to compete with fintech challengers.

Both JPMorgan Chase and Bank of America, two industry bellwethers, have already raised their outlooks for expenses multiple times for this year. Now costs have emerged as “a great wild card for the quarter and for the outlook” of the industry, says John McDonald, senior analyst for large-cap banks at Autonomous Research.

For the third quarter, analysts expect bank earnings will be propped up by fees

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Tesla Q2 earnings blow away Wall Street’s expectations

It was far more than double the $438 million it made in the first quarter, and more than 10 times the net income it reported a year ago. And it answered a major criticism of investors who’ve been bearish on the stock over the strength of Tesla’s results.
Notably, Tesla didn’t depend on selling regulatory credits to other automakers to achieve its blockbuster earnings. Those credits were responsible for just $354 million in revenue in the quarter. In previous quarters, even when Tesla reported positive adjusted earnings, its net income depended on selling credits to rivals that needed to buy
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Dow Jones Futures Fall As Tesla Stock Jumps On Earnings; Apple Earnings Due

Dow Jones futures, along with S&P 500 futures, were lower, while Nasdaq 100 futures turned flat early Tuesday. Tesla stock jumped on strong earnings results late Monday, while tech giants Alphabet, AMD, Apple and Microsoft are set to report after the close Tuesday.




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On Monday, the Dow Jones Industrial Average climbed 0.2%, or 82 points. The S&P 500 also rallied 0.2%, while the Nasdaq inched higher.

Among the Dow Jones leaders, Apple (AAPL) gained 0.3% Monday, while Microsoft (MSFT) moved down 0.2% in today’s stock market. Apple and Microsoft earnings are due Tuesday. Home Depot

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