Tag: stock markets
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US stock futures hold near record highs as investors eye Biden-Xi talks, while Beijing’s mining warning pounds crypto
US President Joe Biden and Chinese President Xi Jinping at their virtual meeting. Tingshu Wang/Reuters US stock futures drifted, as investors focused on talks between US President Joe Biden and Chinese premier Xi Jinping. Stocks have been rattled of late by concerns over inflation that pushed up government bond yields. The crypto market took a…
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Making sense of the markets this week, October 24, 2021
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. The U.S. earnings beat just keeps coming For week one of the earnings season, 41 S&P 500 companies reported their third-quarter results, and 80% beat earnings expectations, according to FactSet. While reports have been strong, investors are…
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US stocks set for third daily fall after biggest drop since October, as global markets second-guess recent rally
Wall Street had a Hard day on Wednesdaywith Shares tumbling and Redditors piling on the pressure Xinhua/Getty Images US stock futures signaled a third daily collapse later now, following Wednesday’s sell-off. Short-term fears over the market and vaccines have pumped marketplace confidence. Some analysts said the GameStop saga had shaken a couple of big investors.…