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Month: October 2023

Cryptocurrencies

Bank of America earnings beat Street forecasts, but bond losses jump amid Treasury rout

Updated at 7:50 am EDT Bank of America  (BAC) – Get Free Report posted better-than-expected third quarter earnings Tuesday, thanks to solid gains in net interest income from its lending business, but noted a big jump Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

Stocks edge lower, retail sales on deck, Goldman Sachs, United Airlines, Johnson & Johnson earnings – 5 Things To Know

Five things you need to know before the market opens on Monday October 17: 1. — Stock Market Today: Stocks slip lower with earnings, Biden Israel visit in focus An uneasy calm in Israel’s war with Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

Johnson & Johnson earnings top forecasts, shares jump, on new cancer drug boost

Johnson & Johnson  (JNJ) – Get Free Report posted stronger-than-expected third quarter earnings Tuesday, while boosting its full-year profit forecast, thanks in part to solid gains for its new cancer treatments.  Johnson & Johnson said adjusted Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

United Airlines earnings in focus as Delta sees more travel demand, higher fuel costs

United Airlines  (UAL) – Get Free Report shares edged lower in pre-market trading ahead of the carrier’s third quarter earnings slated for after the closing bell. United is expected to follow its larger rival, Delta Air Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

Goldman Sachs earnings on deck as CEO David Solomon feels pressure to boost profits

Goldman Sachs  (GS) – Get Free Report shares edged higher in pre-market trading ahead of the investment bank’s third quarter earnings prior to the opening bell. Analyst expected the iconic Wall Street investment bank to post Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

German ZEW rose to -1.1, passed the lowest points

German and Eurozone economic sentiments are seeing a revival, as indicated by the notable improvement in ZEW Economic Sentiment Indicators for October. In Germany, Economic Sentiment rose significantly from -11.4 to -1.1, outperforming the anticipated Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

Retail sales data offers health-check on consumer, inflation pressures as economy defies recession calls

The Commerce Department will publish its monthly estimate of U.S. retail sales Tuesday as investors look for a health-check on the biggest driver of U.S. economic growth and possibly another sign that inflation pressures are Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

Stock Market Today: Stocks slip with earnings, Biden Israel visit in focus

U.S. equity futures slipped lower Tuesday, while the dollar built gains against its global peers in safe-having trading while Treasury yields nudged higher as investors kept a wary eye on the uneasy calm in Israel’s Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

GBPJPY Powerless Near Key Border

GBPJPY has been steadily declining since its peak at 186.45, hitting a low of 178.00 earlier this month before rising back above 180.00. The resistance trendline from August’s peak came to cancel last week’s bullish action at Read more…

By , 2 years ago October 17, 2023
Cryptocurrencies

GBPUSD Struggling to Stage a Rebound

GBPUSD stuck in a steep decline since mid-July Bounces off seven-month low but fails to post a moderate recovery Completion of death cross could induce downside pressures GBPUSD has been forming a structure of lower Read more…

By , 2 years ago October 17, 2023

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