Breaking News
0
Ad-Free Version. Subscribe now to follow markets, faster and distraction-free. More details

Comic: S&P 500, Nasdaq Face Big Test In Week Ahead As Mega-Cap Tech Earnings Loom

EconomyOct 17, 2020 07:31
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

By Jesse Cohen

Investing.com - Stocks on Wall Street ended mixed on Friday, with the Dow Jones Industrial Average posting its first daily gain in four sessions to cap off another volatile week.

The Dow closed 112 points higher, or about 0.4%, at 28,606. The S&P 500 ended little changed, settling at 3,483. The Nasdaq Composite meanwhile ended the day down around 0.4% at 11,671.

For the week, the Dow and S&P 500 rose 0.1% and 0.2%, respectively, to notch their third straight weekly gain. The Nasdaq meanwhile climbed 0.8%, posting a four-week winning streak.

Several companies kicked off the third quarter earnings season in the past week with better-than-expected results. JPMorgan Chase (NYSE:JPM), Goldman Sachs (NYSE:GS), and Morgan Stanley (NYSE:MS) all reported stronger reports than analysts had forecast.

U.S. stocks could face more volatility in the week ahead as Q3 earnings season shifts into high gear with reports expected from many of the big-name U.S. technology stocks, including Tesla (NASDAQ:TSLA), Netflix (NASDAQ:NFLX), IBM (NYSE:IBM), and Intel (NASDAQ:INTC).

The week after that then sees high-profile companies such as Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB), and Google (NASDAQ:GOOGL) all release their quarterly results.

To see more of Investing.com’s weekly comics, visit: http://www.investing.com/analysis/comics

Comic: S&P 500, Nasdaq Face Big Test In Week Ahead As Mega-Cap Tech Earnings Loom
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email