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Earnings appear solid. The market's debate over how much easing the Fed will enact over the next year has sent the 10-year Treasury yield soaring since the last Fed meeting in September.The 10 ...
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
Big Tech on deck. S&P 500 companies have had a strong start to earnings season. The index is expected to grow earnings by 12.7% compared to the year prior in the fourth quarter, per FactSet data.
An earnings call is a teleconference, or webcast, in which a public company discusses the financial results of a reporting period ("earnings guidance"). The name comes from earnings per share (EPS), the bottom line number in the income statement divided by the number of shares outstanding.
The market is awaiting several more data points this week. Initial jobless claims, a third-quarter GDP revision, and personal consumption expenditures data are scheduled for release Wednesday morning.
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Here's where investors worried about a stock market bubble should invest their money. In commodities, bonds, and crypto: West Texas Intermediate crude oil was up 1.88% to $69.98 a barrel.
Jackson Lake Lodge Hillary Rodham Clinton at Jackson Lake Lodge with Grand Teton mountain in background. The Federal Reserve's Jackson Hole Economic Symposium is a three-day annual international conference hosted by the Federal Reserve Bank of Kansas City at Jackson Hole in the United States attended by central bank leaders from around the world.