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Earnings from five of the"Magnificent Seven" tech stocks — Apple , Alphabet (GOOGL, GOOG), Microsoft , Amazon , and Meta — will highlight a packed week of quarterly reports. In all, 106 S&P ...
All of this will come as stocks trade at or near their highest levels on record. The S&P 500 ( ^GSPC) closed Friday at 4,839, a new record high for the benchmark average. The Dow Jones Industrial ...
Wall Street economists expect headline inflation rose just 3.1% annually in June, a slowdown from the 3.3% rise seen in May. May's data was the slowest year-over-year inflation reading since July ...
Stocks will want 'good' economic news. The latest data from FactSet senior earnings analyst John Butters shows S&P 500 companies are pacing for 10.8% year-over-year earnings growth, the highest ...
Data from FactSet published Friday showed S&P 500 companies are expected to report a 7.2% drop in earnings from the same period last year, which would mark the largest annual drop since the second ...
His testimony comes ahead of the new inflation updates later this week. Wall Street expects the latest government report on Thursday to show consumer prices eased to 3.1% in June from 3.3% in May.
Entering third quarter reports, the Street projected flat earnings compared to the same period a year prior. Some strategists believe the stronger-than-expected data could drive better-than-feared ...
The S&P 500 is wrapping up its two busiest weeks of earnings reports this quarter, with more than half of the index reporting results.Companies have largely surprised to the upside, with the index ...