US STOCKS-Wall Street posts weekly gains with earnings, inflation data on tap
- U.S. stocks rose Friday, led by technology shares, after a volatile week involving higher Treasury yields, oil prices, and weakness in artificial-intelligence stocks.
- Major banks, Johnson & Johnson, semiconductor companies, and financial firms are scheduled to report earnings during the following week.
- The Consumer Price Index is due Wednesday, followed by the Producer Price Index Thursday, as traders assess whether inflation is easing.
- Jim Cramer warned that rising bond yields remain a major risk, saying, “There’s too much supply and not enough demand” for bonds.
61 Articles
61 Articles
Energy Stocks Rise With Oil Prices, but Tech Slips
Wall Street kicked off what figures to be a busy week on Monday with a mixed finish for the major US stock indexes, though the market continued near its all-time high. The Dow rose 195.60 points, or 0.4%, to 51,850.55. The S&P 500 fell 4.30...
Before the banks present their quarterly figures tomorrow, the US investors look anxiously at geopolitics. Trump's loudly presented diesel deal with Russia is puffing up. Oil prices, inflation and interest rate concerns weigh more heavily.
Protothema
PentapostagmaSmall fluctuations in the indices, which remain near their highs - The quarterly results announcement period for the major Wall Street banks begins on Tuesday - The new inflation is crucial for the Fed's next steps
(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 12th (local time), the three major US stock indices in New York closed mixed.
Coverage Details
Bias Distribution
- 48% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
