Page 14 - Wall Street
Wall Street gains on hopes of smaller rate hikes as economy shrinks again
US economy contracts again in second quarter; Meta Platforms revenue drops for first time; Qualcomm flags weak smartphone demand
 "Wall Street gains on hopes of smaller rate hikes as economy shrinks again")
Wall St rises on Microsoft, Alphabet earnings as Fed decision looms
Microsoft, Alphabet results spark rally in megacap stocks; T-Mobile up after raising subscriber growth forecast; Boeing rises on keeping cash flow goal
 "Wall St rises on Microsoft, Alphabet earnings as Fed decision looms")
Wall Street falls as Walmart warning rattles retail stocks; GE jumps
Walmart cuts profit forecast, drags retailers; McDonald's up as sales and profit top estimates; GE jumps on higher profit, Coca-Cola up on forecast raise
 "Wall Street falls as Walmart warning rattles retail stocks; GE jumps")
Fed prepares another rate increase as Wall Street wonders what's next
Central banks around the world have spent recent weeks speeding up their interest rate increases, an approach they've referred to as "front-loading"
 "Fed prepares another rate increase as Wall Street wonders what's next")
Nasdaq boosted by growth stocks after Netflix's upbeat forecast, jumps 1.8%
Netflix gains on customer growth forecast; Baker Hughes falls on bigger quarterly loss; Tesla to report earnings after market close
 "Nasdaq boosted by growth stocks after Netflix's upbeat forecast, jumps 1.8%")
Netflix soothes Wall Street concerns with customer growth forecast
Netflix Inc averted its own worst-case scenario of subscriber losses, posting a nearly 1 million drop from April through June
 "Netflix soothes Wall Street concerns with customer growth forecast")
Wall Street powers ahead with earnings in full swing; Dow surges 580 pts
Johnson & Johnson higher after Q2 profit beat; Boeing rises on deal to set jets to 777 Partners; IBM falls on dollar impact warning
 "Wall Street powers ahead with earnings in full swing; Dow surges 580 pts")
Goldman profit beat, easing rate-hike bets drive Wall Street higher
Goldman Sachs profit beats as fixed-income trading shines; Boeing rises as Delta to buy 100 737 MAX 10 planes
Goldman Q2 profit halves but beats estimates as fixed-income trading shines
Investment banking revenue fell 41% to $2.14 billion in the quarter
 "Goldman Q2 profit halves but beats estimates as fixed-income trading shines")
Bank of America posts drop in quarterly profit as dealmaking slumps
Wall Street investment bankers, who were neck-deep in deals last year, have seen activity slump in the first half of 2022 amid volatility in the capital markets, geopolitical tensions
 "Bank of America posts drop in quarterly profit as dealmaking slumps")
Wall Street climbs as investors trim bets on rate hike; Dow up 500 points
The S&P 500 was up 50.87 points, or 1.34%, at 3,841.25, and the Nasdaq Composite was up 120.63 points, or 1.07%, at 11,371.81
 "Wall Street climbs as investors trim bets on rate hike; Dow up 500 points")
Wall Street drops as bank earnings disappoint, producer prices surge
JPMorgan, Morgan Stanley report profit miss; PPI surges more than expected in June; Conagra Brands falls on downbeat forecast
 "Wall Street drops as bank earnings disappoint, producer prices surge")
Apple hovers above competition even as smartphone market stumbles: Report
Apple's slightly higher expectations for forthcoming iPhone 14 underscore a growing belief among Wall Street analysts that the sales are likely to hold up better than the broader smartphone industry
 "Apple hovers above competition even as smartphone market stumbles: Report")
Wall Street falls as inflation data fuels rate hike fears; Dow tumbles 1%
S&P 500 down for fourth straight session; Twitter jumps as Hindenburg discloses long position; Delta Air Lines falls on Q2 profit miss
 "Wall Street falls as inflation data fuels rate hike fears; Dow tumbles 1%")
S&P 500, Nasdaq subdued on recession fears; Boeing lifts Dow Jones
PepsiCo rises on upbeat revenue forecast; Gap slides on CEO exit, outlook; Boeing jumps as deliveries reach highest monthly level in 3 years
Bitcoin is more likely to hit $10,000 than $30,000, finds MLIV Pulse survey
This sector remains a polarizing one: while some 28% of the overall respondents expressed strong confidence that cryptocurrencies are the future of finance, 20% said they're worthless.
 "Bitcoin is more likely to hit $10,000 than $30,000, finds MLIV Pulse survey")
Wall St slides over earnings jitters; high-growth stocks drag down Nasdaq
Focus on big bank earnings later this week; US casino operators fall as Macau shuts casinosUS stock indexes slid on Monday, with the earnings season set to kick off in earnest this week amid concerns
Wall Street slides as strong jobs data fuels interest rate hike worries
Fed Governor Christopher Waller and St. Louis Fed President James Bullard said on Thursday they would support another 75-basis-point rate increase, but forecast a downshift to a slower pace afterward
Wall Street rises as rate hike fears ebb; GameStop gains on stock split
Weekly jobless claims unexpectedly rise; Samsung results boost chipmakers
 "Wall Street rises as rate hike fears ebb; GameStop gains on stock split")
Wall Street says a recession is coming. Consumers say it's already here
Layered on top of the inflation squeeze are the mounting concerns about the outlook for economic growth, not just this year, but into 2023
 "Wall Street says a recession is coming. Consumers say it's already here")