Page 14 - Wall Street

World stock markets mixed ahead of US jobs data; Fed weighs rate hike

Global stock markets and Wall Street futures were mixed Friday ahead of an update on the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. London, Paris and Frankfurt were lower while Shanghai and Tokyo advanced. Oil prices fell back. Investors were looking ahead to monthly U.S. employment numbers for possible signs of weakness that might prompt the Fed to decide it needs to ease off on rate hikes to cool inflation. Other data suggest the economy is slowing, which should reduce pressure for prices to rise. Consensus is looking for a softening in the labor market for July, said Stephen Innes of SPI Asset Management in a report. In early trading, the FTSE 100 in London lost 0.1% to 7,437.48 and the DAX in Frankfurt was little-changed at 13,660.80. The CAC 40 in Paris lost 0.5% to 6,483.56. On Wall Street, the future for the benchmark S&P 500 index slipped less than 0.1% while that for the Dow Jones Industrial Average was

Wall Street rises on tech, earnings boost as recession fears ease

US service sector unexpectedly picks up in July; PayPal rises after bumping annual profit outlook; Apple gains 3.5%, Microsoft adds 2.7%; Moderna jumps on $3 bn share buyback plan

Wall Street falls on rising US-China tensions; Uber gains post Q2 results

Speaker Nancy Pelosi expected in Taipei later today; Caterpillar falls after missing sales estimates; Uber gains after reporting positive cash flow

Wall Street struggles to gain as earnings-driven rally peters out

US manufacturing sector slows modestly; PerkinElmer rises on $2.45-bn divestment

Asia shares off to sluggish start, China data soft on Wall Street

Asian share markets got off to a slow start on Monday as disappointing Chinese economic data fed doubts last week's rally on Wall Street could be sustained in the face of determined policy tightening

Nasdaq, S&P 500 rise on upbeat forecasts from Apple, Amazon

Apple sees continued strength in demand for iPhone; Amazon expects higher revenue in third quarter; Intel cuts annual forecasts, shares slide; consumer spending beats expectations in June

Amazon posts loss in second qtr but revenue tops estimates, stock jumps

Amazon reported its second-consecutive quarterly loss but its revenue topped Wall Street expectations, sending its stock sharply higher

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 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 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

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"

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

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

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

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

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

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 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

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