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U.S. stocks ended Friday trading in the red as Wall Street concluded a week characterized by a shift from this year’s megacap winners to smaller names. The S&P 500 fell by 0.71%, closing at 5,505.00....
Earnings season has begun on a positive note, with S&P 500 earnings per share (EPS) set to grow 10-12%, aligning with UBS expectations. "Roughly 60% of companies are beating sales estimates and nearly...
By Amanda Cooper LONDON (Reuters) -Global shares steadied on Monday, after President Joe Biden's decision to bow out of the election race at the weekend injected a degree of optimism into the...
The S&P 500 pulled back nearly 3% since reaching a new record high of 5,667.20 on July 16, mainly due to news that the Biden administration is considering stringent measures to restrict foreign...
President Joe Biden has ended his re-election campaign and endorsed Vice President Kamala Harris as the Democratic candidate for the 2024 presidential race. Biden announced his decision in a written...
According to Citi analysts, productivity improvements are emerging as a significant contributor to the resilience of S&P 500 earnings. As we approach the bulk of the Q2 earnings season, there are...
Investing.com -- U.S. stock index futures rose Monday after President Joe Biden withdrew his bid for reelection, rebounding after the previous week's hefty losses amid a rotation out of the major...
President Joe Biden has dropped out from the 2024 presidential race, endorsing Vice President Kamala Harris as the Democratic nominee. According to Wells Fargo (NYSE:WFC) analysts, the move could...
The consensus call for narrowing the earnings gap between Magnificent 7 stocks and the rest of the S&P 500 may still be overly optimistic, JPMorgan (NYSE:JPM) strategists said in a Monday note. The...
Investing.com -- The volatile U.S. political situation took another turn, with President Joe Biden dropping out of race for re-election. China has attempted to boost its struggling economy but cutting...
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