Bank Earnings lift Market, Microsoft hits record on AI optimism
Major corporations’ strong quarterly results boosted equities, led by Bank of America, Morgan Stanley, Charles Schwab, and Microsoft, amidst AI optimism and retail sales data.
Major corporations’ strong quarterly results boosted equities, led by Bank of America, Morgan Stanley, Charles Schwab, and Microsoft, amidst AI optimism and retail sales data.
Tech and financial sectors led Monday’s modest equity rise as investors anticipate key earnings from Wall Street banks and major corporations this week.
Mixed week for equities; Dow gains, NASDAQ and S&P dip. Wall Street’s mixed earnings season unfolds. Healthcare and Tech sectors perform well, but market uncertainty persists.
Tech stocks surge, led by Google, amid strong quarterly results from PepsiCo and Delta. AI advances and cooling inflation fuel market optimism despite potential rate hikes.
Equities climbed as slowing inflation data eased pressure on Treasury yields, stirring optimism for a potential final rate hike, fueling a rally in tech and commodities.
ASX gears up for a robust day, influenced by China’s expected stimulus, U.S. cyclical and banking upswing, and policy developments from central banks of New Zealand and Australia.
Equities rebounded Monday, bracing for key inflation data ahead of Federal Reserve’s policy meeting, despite market fluctuations and inflation concerns.
U.S. job growth undershot forecasts, easing fears of aggressive Fed rate hikes, benefiting energy stocks while defensive sectors fell back.