#S&P 500 Index

[investinetfs]

#crypto #etfs #investing stocks #investment #s&p 500 index #spy stock #asset management company

[brainmassfinance]

The Dow Jones Industrial Average fell 0.30% or 91 points, the Nasdaq was down 0.61%, and the the S&P 500 fell 0.85%.

The Dow closed lower Thursday, as rising Treasury yields weighed on investor sentiment even as the bulk of quarterly results continued to suggest corporate America is in better shape than feared.

The Dow Jones Industrial Average fell 0.30% or 91 points, the Nasdaq was down 0.61%, and the the S&P 500 fell 0.85%.

The 10-year Treasury yield jumped to fresh 14-year highs as investors weighed up fresh remarks from Federal Reserve officials calling for the central bank to remain the course on rate hikes.

Citing a "disappointing lack of progress on curtailing inflation," Philadelphia Federal Reserve President Patrick Harker said he expects interest rates will be “well above 4% by the end of the year.”

The remarks come as fewer-than-expected weekly jobless claims pointed to strength in the labor market, heightening concerns about ongoing wage growth.

“Demand for labor remains quite strong […] it remains the case that workers who are let go are still having a relatively easy time finding a new job,” Jefferies said in a note.

Tech stocks managed to cut losses but remained under pressure as rising Treasury yields make growth corners of the market including tech less attractive.

International Business Machines (NYSE:IBM), however, bucked the trend to rise more than 4% after the tech giant reported quarterly results that beat estimates on both the top and bottom lines.

Tesla (NASDAQ:TSLA), meanwhile, fell more than 7% after a mixed third-quarter results, though some on Wall Street touted optimism ahead for the EV maker after management said they are considering initiating a stock buyback.

“We are encouraged that management is considering a $5- $10B buyback and believe it is a constructive use of cash,” Oppenheimer said after lifting its price target on the stock to $436 from $432. “[We] believe depth of demand is outstripping most investor expectations, even when considering a looming recession,” it added.

The broader market was also pressured by a fall in travel stocks as investors weighed up quarterly results from airlines and railroad companies.

American Airlines (NASDAQ:AAL) reported quarterly earnings that beat estimates as travel demand continued to recover, but its shares fell more than 3%.

Railroad stocks were hurt by Union Pacific 's (NYSE:UNP) weaker outlook on carload growth and stock repurchases, which offset the quarterly results beat on the top line.

Elsewhere, AT&T Inc (NYSE:T) rallied more than 7% after the telecom reported better-than-expected earnings and revenue and lifted its outlook on full-year earnings to $2.50 from $2.46 a share previously.

The stumble in the broader market has coincided with wild swings in either direction, a pattern that isn't likely to let up anytime soon.

"Most of these volatile moves have inflation uncertainty, and what the Fed is going to do about it, at their core," Wells Fargo said. "We feel this pattern of market behavior is unlikely to change in the near term and is not uncommon during periods of economic uncertainty," it added.

#brainmassfinance #Brainmass #brainmassgroup #brainmasscommunity #brainmasstraders #tradewithraj #nasdaq #s&p 500 index #dowjones #new york stock exchange #treasury #ibm #at&t #brainmassclub

[scottydd]

Get a Free share if you sign up and found your account. Sign up with the link above.

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[snstcruise]

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[boreddaytrader]

Big week for the stock market. It either needs to pivot or will continue its downtrend.

#Stock market #s&p 500 index #bullish #bearish #stocks

[rsfunf]

#lifestyle #millionnaire #lavish #luxury #forextrading #forex news #forexstrategy #forex indices #nasdaq #s&p 500 index #currencies #elite

[trident-boi]

#420 #s&p 500 index

[rjzimmerman]

Excerpt from this story from the New York Times:

Elon Musk called a prominent index of socially responsible companies a “scam” on Wednesday after it dropped Tesla because of the way the carmaker handled accusations of racial discrimination at its factory in California.

The S&P 500 ESG Index, a listing of companies that meet certain environmental, social and governance standards, removed Tesla last month. But the decision to eject the world’s largest maker of electric vehicles from a club that includes oil producers like Exxon Mobil attracted little notice until S&P Global, which manages the index, offered an explanation this week.

S&P cited claims of racial discrimination and poor working conditions at Tesla’s factory in Fremont, Calif.. Those claims have prompted a California state agency to file a lawsuit, which Tesla is contesting. S&P said its decision was also influenced by Tesla’s handling of an investigation by the National Highway Traffic Safety Administration after multiple deaths and injuries were linked to the company’s driver-assistance system, known as Autopilot.

“While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider E.S.G. lens,” Margaret Dorn, head of E.S.G. indices in North America at S&P, said in the firm’s explanation.

#Tesla #Elan musk #S&P #S&P 500 ESG Index

[creativitytoexplore]

Stock futures fall to start week with key inflation data, earnings ahead

Stock futures fall to start week with key inflation data, earnings ahead

Stock futures were lower Monday morning as the markets come out of a tumultuous week and traders look ahead to key reports coming in the next week that can offer insights into the health of the economy. Futures connected to the Dow Jones Industrial Average slid 28 points. S&P 500 futures were lower by 0.18%, while Nasdaq 100 futures fell 0.30%. Market observers generally consider the week ahead…

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#Breaking News: Markets #business news #Citigroup Inc #Delta Air Lines Inc #Domino&x27;s Pizza Inc #Dow Jones Industrial Average #Economic events #JPMorgan Chase & Co #Levi Strauss & Co #Markets #Morgan Stanley #Nasdaq Inc #PepsiCo Inc. #S&P 500 Index #S&P Global Inc #Stock markets #U.S. 2 Year Treasury #United States #Wells Fargo & Co

[smithleonardo]

Hedge funds are sitting on a record level of bearish bets on the stock market

Hedge funds are sitting on a record level of bearish bets on the stock market

Traders work on the floor of the New York Stock Exchange (NYSE), August 17, 2022. Brendan McDermid | Reuters Hedge funds are getting increasingly skeptical about this big rally that broke out in the middle of a bear market. Net short positions against the S&P 500 futures by hedge funds have reached a record $107 billion this week, according to calculations by Greg Boutle, head of U.S. equity and…

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#Breaking News: Business #Breaking News: Investing #Breaking News: Markets #Business News #Investment strategy #Markets #S&P 500 Index #stock markets #Wall Street

[hollywood-handle]

Some international funds are still open for investments. Here’s a list.

Fund of funds (FoFs) that invest in overseas exchange traded funds (ETFs) will stop accepting fresh inflows from 1 April as the mutual fund industry is close to hitting its $1-billion limit to invest in overseas ETFs. However, investors can still diversify globally as some international funds have headroom to invest in international stocks. These funds, which invest in overseas securities and…

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#alphabet #amazon #Apple #chinese funds #Edelweiss Greater China Equity Off-Shore Fund #ETFs #exchange traded funds #fund of funds #Google #ICICI Prudential Nasdaq 100 Index Fund #international funds #international funds open for investments #magnificent seven #microsoft #Mirae Asset NYSE FANG+ ETF #motilal oswal nasdaq 100 etf #motilal oswal s&p 500 index fund #Nippon India ETF Hang Seng BeES #Nvidia #overseas etfs #us tech stocks

[malaceinthepalace]

This man is rarely wrong and is a person I would vote for to be president even though he hates cryptocurrency and other digital assets. He is the greatest investor of the last 20 years bar none. This option should be digested by every American that can read like the book “common sense”.

#stocks #dow #jpmorgan #markets #s&p 500 index #bonds

[trasignalcom]

You can also share your analysis with others - trasignal

You can also share your analysis with others

#forexmarket #forexsignals #forextrading #crypto #digitalcurrency #investment #stock market #s&p 500 index

[neyatimes]

Stock market today: Live updates

Traders on the floor of the NYSE June 29, 2023. Source: NYSE Stock futures were near flat Thursday night after the Dow Jones Industrial Average wrapped up a ninth day of wins. Futures tied to the Dow added 16 points, trading close to the flat line. S&P 500 futures were little changed, and Nasdaq 100 futures ticked down 0.1%. Transportation stocks CSX and Knight-Swift fell 4% and 3%,…

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#Breaking News: Markets #business news #CSX Corp #Dow Jones Fut (Mar&x27;23) #Dow Jones Industrial Average #Johnson & Johnson #Markets #NASDAQ 100 Fut (Mar&x27;23) #NASDAQ Composite #Netflix Inc #S&P 500 Fut (Mar&x27;23) #S&P 500 Index #Scholastic Corp #Stock markets #Swift Transportation Co #Tesla Inc #Travelers Companies Inc #United States