S&P 500, Nasdaq lose steam, Dow nabs closing record, gold all-time high – Oct 18
Today’s Market News IMF’s Georgieva says China can no longer rely on exports for growth India’s CEAT misses Q2 profit estimates on high raw material prices, weak demand Big central banks are firmly in rate-cut mode Japan’s exports fall for first time in 10 months on China, US slowdown Key developments on Friday: China GDP […]
US stock quick picks – Oct 17
Notables Notable Earnings Today: Netflix (Nasdaq: NFLX), Travelers Companies (NYSE: TRV), Intuitive Surgical (Nasdaq: ISRG), WD-40 (Nasdaq: WDFC), Elevance Health (NYSE: ELV), Huntington Bancshares (Nasdaq: HBAN), Crown Holdings (NYSE: CCK), Blackstone (NYSE: BX), Western Alliance Bancorp (NYSE: WAL), F.N.B. Corp (NYSE: FNB), Texas Capital (Nasdaq: TCBI), M&T Bank (NYSE: MTB), Insteel Industries (NYSE: IIIN), Commercial Metals […]
Inflation cools, TSMC offers AI weather vane Oct 17
Today’s Market News China’s economy set to grow 4.8% in 2024, missing target: Reuters poll Chinese finance professionals switch careers as industry crackdown dims prospects Japan visitors spent $39 billion through September, breaking annual record Japan premier Ishiba vows big spending, drifts away from fiscal restraint Key developments on Thursday: Australia unemployment (September) Japan trade […]
US stock quick picks – Oct 16
Notables Notable Earnings Today: Alcoa (NYSE: AA), Morgan Stanley (NYSE: MS), Abbott Labs (NYSE: ABT), Kinder Morgan (NYSE: KMI), CSX (Nasdaq: CSX), U.S. Bancorp (NYSE: USB), SL Green Realty (NYSE: SLG), Steel Dynamics (Nasdaq: STLD), PPG Industries (NYSE: PPG), Discover Financial Services (NYSE: DFS), Citizens Financial Group (NYSE: CFG), First Horizon (NYSE: FHN), Synchrony Financial (NYSE: […]
Wall St ends lower on tech weakness, oil extends slide Oct 16
Today’s Market News China’s economy set to grow 4.8% in 2024, missing target: Reuters poll India rate cuts seen delayed to 2025 after Sept inflation spike, say economists China may raise $850 billion in new debt over three years to spur growth, says report Hong Kong policy address seen pivoting from security to economic growth […]
US stocks Oct 15
Notables Notable Earnings Today: Bank of America (NYS: BAC), Walgreens Boots Alliance (Nasdaq: WBA), United Airlines (Nasdaq: UAL), UnitedHealth Group (NYSE: UNH), Interactive Brokers (Nasdaq: IBKR), Citigroup (NYSE: C), J.B. Hunt Transport Services (Nasdaq: JBHT), Johnson & Johnson (NYSE: JNJ), Albertsons (NYSE: ACI), SMART Global (Nasdaq: SGH), Pinnacle Financial Partners (Nasdaq: PNFP), Progressive (NYSE: PGR), Hancock […]
Tokyo reopens to S&P 500 record, yuan down Oct 15
Tokyo reopens to S&P 500 record, yuan dow Today’s Market News China’s exports miss forecasts as lone bright spot fades Food pushes India’s retail inflation to nine-month high in September China’s stimulus promises bring property sector hope, rather than confidence Singapore keeps monetary policy steady as Q3 growth picks up; analysts bet on Jan easing […]
US stock quick picks – Oct 14
Notables Notable Earnings Today: Karooooo (Nasdaq: KARO). Notable IPOs Today: N/A. Notable Equity Crowdfunding Campaigns Ending Today: Oratray (StartEngine), Patriot Pet Supply (Honeycomb), Brooklyn Grocery Cooperative (Honeycomb), WANDER (Honeycomb), Misfit SnackBar (Honeycomb). Notable Economic Events Today: NY Fed 1-Year Consumer Inflation Expectations (11:00 a.m. ET), Federal Budget Balance (2:00 p.m. ET Trends to Watch Google This: ‘Bitcoin’ search volume drops […]
Bank results boost Wall St, China plan leaves questions – Oct 14
Today’s Market News China’s deflationary pressures build in Sept, consumer inflation cools China unveils fiscal stimulus measures to revive growth China’s car sales snap five-month decline on subsidy boost Japan PM Ishiba says he won’t intervene in BOJ’s rate policy Key developments on Monday: Singapore GDP (Q3) India CPI (Sept) China import/exports (Sept) China fresh […]
US inflation, China plans spell caution; BOK set to cut – Oct 11
Today’s Market News BOJ will hike rates if it has more confidence in forecasts, says deputy governor Himino World Bank raises South Asia growth forecast to 6.4% on India demand Gold extends gains as rate cut bets strengthen after US economic data Key developments on Friday: South Korea interest rate decision India trade (September) New […]
