2024-07-24 09:00:10
Earnings
Markets
Stocks

Stock Market Today: Earnings in Focus as Stocks Remain Mixed

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Investors shift their attention to corporate earnings as U.S. equity futures show mixed performance. Companies such as UPS, GM, Coca-Cola, Comcast, Google, and GE are among those reporting their earnings.

Meanwhile, Vice President Kamala Harris secures the Democratic nomination, while Treasury yields and the U.S. dollar remain steady. The S&P 500 has seen a 1.9% increase for the month, but the Nasdaq is predicted to decline.

In Asian markets, stocks fall, while Europe experiences gains. The market continues to digest a torrent of profit reports, and the tech sector remains in focus as big names like Alphabet, Tesla, and TSMC release their earnings.

Investors are also keeping an eye on polls and surveys related to the race against Trump. The upcoming corporate earnings could play a crucial role in determining the next market rally.

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24. Juli 2024 um 00:27

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U.S. stocks leading global markets; powered by dovish Fed, resilient economy, Trump victory chances. BofA 'Flow Show' report: $45B inflow to U.S. equities, $47.7B outflow from Europe, $9.9B inflow to small-caps. FedWatch: 98.1% odds of Sept rate cut, 90% odds of second cut; cooling labor, receding inflation. Atlanta Fed's GDPNow: 2.7% Q2 growth, 'soft landing' avoiding recession. Election sweep triggering higher yields, stronger dollar; S&P 500 earnings growth 11.1% in 2023, 14.7% in 2025.
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24. Juli 2024 um 05:26

Markets face volatility risk as Biden drops out of presidential race TheStreet Daily Newsletter

Politics
Finance
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Biden quits, Harris endorsed. Trump leads, approval up after attack. GOP Speaker wants Biden out. Clintons support Harris. Analysts warn of market volatility, VIX spike. Major tech earnings loom.
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24. Juli 2024 um 11:26

Stock Market Today: Stocks higher as Biden exits presidential race TheStreet Daily Newsletter

Finance
Politics
Stocks rise as Biden exits 2024 race, with VP Harris challenging Trump. Volatility spikes on political uncertainty, as investors eye Tesla, Alphabet earnings. CBOE VIX index signals S&P 500, Dow volatility. 11.1% Q2 profit growth to $496.7 billion expected. Asian markets fall, Europe gains with Stoxx 600, FTSE 100.
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23. Juli 2024 um 22:01

Tech Drives Asian Stock Gains; Yen Strengthens: Markets Wrap

Finance
Technology
Economy
Politics
Asian stocks rose, led by chipmakers TSMC and Samsung Electronics. Kako Corp. shares slumped after its founder's arrest. Toyota plans a share buyback. India's budget is being presented. Earnings are due this week from SK Hynix, CATL, and Keyence. A gauge of the "Magnificent Seven" climbed over 2%, and Kieran Calder of Union Bancaire Privee expects the underlying economy and earnings to reward investors.
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