Sep 4, 2024 | Markets
Major tech firms’ EPS growth was the slowest since late 2022 Morgan Stanley sees more downward earnings revisions coming China’s stock market is facing darker prospects after a weak earnings season dashed hopes for any imminent recovery in flagging consumption that...
Sep 4, 2024 | Markets
End of September is historically worst two weeks for S&P 500 Buybacks power to fade, hedge funds can further cut exposure The stock market could be heading for correction if payrolls data comes in weak on Friday, according to Scott Rubner, managing director for...
Sep 4, 2024 | Markets
One-month implied US volatility rises with 50bps cut in play Slew of data is adding to picture of slowdown in US economy Bond traders are bracing for wilder market swings in the US than in Europe amid signs the world’s largest economy is faltering. A measure of...
Sep 4, 2024 | Markets
Shortfall in goods and services trade increased 7.9% in July Goods trade deficit with China widened to largest since 2022 The US trade deficit widened to a two-year high in July, fueled by a surge in imports of goods and partly reflecting stepped-up efforts by...
Sep 4, 2024 | Markets
Economic environment weighs on higher income shoppers Customers spent less per trip as they focus on essentials Dollar Tree Inc. shares fell the most in more than a decade after the chain lowered its full-year guidance as its higher income customers also begin to pull...
