Login
Breaking News
Broadcom   RH   Adobe   Chewy   Dave & Buster's   Macy's   GE Vernova   Uber Technologies   GM  

Stocks Power Ahead Awaiting Earnings

Oct 24, 2022
Barry Adams
Benchmark indexes extended gains for the second day in a row as investors await earnings from nearly 800 companies this week.

Wall Street Rally Despite Elevated Bond Yields

Oct 24, 2022
Barry Adams
Major averages build on gains of the last week and bond yields stayed elevated on Monday. Energy prices eased and natural gas plunged to seven-month low.

Weekly Gains: Nasdaq Up 5.8%, S&P 500 Rises 4.7%

Oct 21, 2022
Barry Adams
Major averages extended weekly gains on the hopes that the Fed may moderate rate hikes and avoid a recession. Bond yields stayed near 14-year highs but energy prices softened.

Stocks Rebound On Slower Rate Hike Hopes

Oct 21, 2022
Barry Adams
Stocks on Wall Street advanced but yields stayed near 14-year highs as investors speculated future rate hikes may be slower than anticipated. The latest batch of mixed-earnings also sapped market sentiment.

Rising Bond Yields Drag Market Averages Lower

Oct 20, 2022
Barry Adams
Benchmark indexes closed down after persistent rate path and economic slowdown worries overshadowed corporate earnings. The rising U.S. dollar continue to wreak havoc around the world.

Stocks On Wall Street Retain Upward Bias, Yields Scale Higher

Oct 20, 2022
Barry Adams
Benchmark indexes traded higher supported by a fresh batch of positive corporate earnings. Crude oil advanced but natural gas dropped to a three-month low.

Tesla Third Quarter Earnings Double, Shanghai Picks Up Pace

Oct 19, 2022
Scott Peters
Tesla revenues and earnings surged after the maker of electric vehicles accelerated production pace in Shanghai.

TSLA


Stocks Meandered as Rate Path Worries Overshadowed Earnings

Oct 19, 2022
Barry Adams
Major averages lacked direction and bond yields advanced after another campaign of higher rates by the Fed officials. Tesla earnings doubled and IBM lifted annual sales outlook.

Movers: Ally, Baker Hughes, Generac, Interactive Brokers, Intuitive Surg, Netflix, P&G, Winnebago

Oct 19, 2022
Scott Peters
Winnebago plunged after the backlog plunged. United Air guided positive outlook. Netflix new accounts jumped. Generac lowered its annual sales outlook.

ALLY NFLX UAL ISRG PG WGO

Stocks Lack Direction and Bond Yields Resume Advance

Oct 19, 2022
Barry Adams
Major averages struggled as investors weighed the impact of looming recession and rising bond yields on corporate earnings.

Goldman Q3 Earnings Falls on Weak Investment Banking Offset by Higher Bond Trading Fees

Oct 18, 2022
Scott Peters
Goldman Sachs third quarter earnings declined on the weakness in merger and public offering activities but volatile bonds, commodities and currencies markets supported higher brokerage fees.

GS

Stocks Extend Rally, Oil Under Pressure, Home Builders Sentiment Drops

Oct 18, 2022
Barry Adams
Stocks extended rally but trimmed morning gains. Goldman Sachs earnings were ahead of expectations. Microsoft confirms recent jobs as the company tackles slower growth.

Volatile S&P 500 and Nasdaq Soar 3% Following BofA Earnings

Oct 17, 2022
Barry Adams
Major averages soared more than 3% as investors searched for bargains in beaten down sectors. Natural gas dropped to a three-month low on the rising supply and falling demand due to Hurricane Ian.

Stocks Trade Higher, Focus Shifts to Earnings

Oct 17, 2022
Barry Adams
Stocks trade higher after a wild week of trading and bond yields turn lower. With the start of the earnings season, investors hope corporate results beat the lowered expectations.



Indexes Sink Deeper After a Wild Week, Bond Yields Rise Above 4%

Oct 14, 2022
Barry Adams
Major averages closed down for the week and extended this year's loss. Bond yields rose to new 14-year highs and crossed 4%, adding pressure to rates and currencies worldwide.