Kick Off, Data Deluge and Busy Earnings
Digest more
As investors brace for the busiest week of the U.S. earnings season, with four of the 'Magnificent Seven' tech giants reporting, debate is picking up again about these megacap firms' influence over U.
US stock futures traded flat as Wall Street prepared for major earnings and economic data ahead of a blockbuster week that could shake markets.
U.S. equities, boosted by strong earnings sentiment and a robust dollar. Click here to find out why VTI is a Hold.
Wall Street's reliance on a small number of high market-value stocks to keep momentum going for the U.S. equities bull market will be tested in coming days as major technology and growth companies report earnings.
US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM),
US stock futures are trading higher on Monday as investors gear up for a crucial week packed with market-moving events. The Federal Reserve’s policy meeting, a fresh batch of corporate earnings, and the August 1 deadline set by President Donald Trump for trade negotiations are all on the radar.
With Wall Street's surge to record highs, the U.S. stock market looks nearly as expensive as ever, and investors are debating whether the lofty valuations are a bearish signal or justified by the technology-heavy market's profit outlook.
JP Morgan is the bellwether as the US’s largest bank. It is expected to boost its net interest income target for this year, as it benefits from elevated interest rates in the US, and profit growth from loans could top 3% in Q2. This may be dwarfed by trading revenue, which some analysts expect to have surged by 8%.