US stocks hang around their records
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Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones. Companies had a lower bar to clear coming into the quarter,
Alphabet's management has indicated that the company is adjusting fine to the rise of artificial-intelligence search results, but some analysts aren't so sure about the long-term picture. Google isn't sitting still as more people bring their search queries to platforms like ChatGPT.
Despite today's breather, Hasbro stock has made significant improvement off its April 9 annual low of $49.00 and sports a 33% year-to-date gain. Today's pullback has run out of steam at the $75 level, an area of support after the shares' July 1 multi-year peak of $78.83.
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),
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Agence France-Presse on MSNStocks slip as investors eye tariff impact among corporate earningsMajor stock markets slipped on Tuesday as New York backed off its record highs and European markets fretted over an August 1 deadline for the EU to avert steep tariffs from President Donald Trump. "European markets have been getting increasingly jittery as the (August 1) deadline approaches,
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.
The stock market keeps climbing even though expectations for Fed rate cuts are falling. That’s not what usually happens.
Evaluating a stock involves looking at both its market price and earnings. This means looking at the price-earnings, or P-E, ratio, a key valuation metric for stocks.
Market Analysis: Impact of Apple’s Earnings Report Yesterday November 04, 2023 — 07:00 am EDT Written by Taylor Sohns MBA, CIMA®, CFP® for Due.com ->
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