Sunday, April 28, 2024

Stock futures edge higher on Sunday night as Wall Street awaits big tech earnings: Live updates

30 Mins Ago

30% of S&P 500 firms are because of record income this week

Investors are gearing up for the busiest week of income season, with 30% of businesses within the S&P 500 slated to record.

- Advertisement -

Tech titans Alphabet and Microsoft are slated to liberate income after the bell on Tuesday. Meta is because of record on Wednesday, and Amazon on Thursday.

Three key business firms also are reporting, beginning with 3M and General Electric on Tuesday. Boeing is about to apply on Wednesday prior to the bell.

With General Motors reporting on Tuesday and Ford on Thursday, traders may even gauge the industrial have an effect on of the United Auto Worker moves.

- Advertisement -

— Lisa Kailai Han, Robert Hum

53 Mins Ago

Stock futures open higher

6 Hours Ago

- Advertisement -

Gulf markets fall amid considerations of chronic struggle in area, U.S. fee hikes

Stock markets within the Gulf declined on Sunday amid considerations about an escalation within the Israel-Hamas warfare and extra rate of interest hikes from the U.S. Federal Reserve.

  • Saudi Arabia’s benchmark index used to be down for a 3rd consecutive consultation, finishing 1.5% decrease, as of October 22. Al Rajhi Bank, a Saudi Arabian financial institution which is the arena’s biggest Islamic financial institution by way of capital, misplaced 2.1%.
  • The Qatari index persevered its five-day streak of losses, finishing 0.9% decrease, with Industries Qatar losing 2.2% and Qatar Navigation sliding 3%. The Qatar National Bank declined by way of 2.1%.
  • The Dubai Financial Market General Index, Dubai’s major proportion index, retreated 1.5%.
  • Outside the Gulf, Egypt’s blue-chip index won 2.4%.

Monetary coverage within the Gulf Cooperation Council is normally guided by way of the Federal Reserve’s insurance policies as maximum regional currencies are pegged to the U.S. buck. The Gulf Cooperation Council, or GCC, has six contributors: Qatar, Bahrain, Oman, Kuwait, Saudi Arabia and the United Arab Emirates.

— Pia Singh

Source link

More articles

- Advertisement -
- Advertisement -

Latest article