EUR/USD 1.15387
-0.006%
Gold 5001.67
-0.089%
Oil 95.195
-0.025%
USD/JPY 158.925
-0.043%
GBP/USD 1.33582
0.023%
GBP/JPY 212.299
0.041%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Berlin Brandenburg Airport will be completely closed on Wednesday as a planned labor strike could lead to the cancellation of all flights and disrupt the travel plans of more than 50,000 passengers.Dongfeng Motor Group Co., Ltd. (00489.HK): The Company has applied to the Stock Exchange of Hong Kong, and the Stock Exchange of Hong Kong has approved, the delisting of the H shares from the Stock Exchange of Hong Kong with effect from 4:00 p.m. on Wednesday, March 18, 2026.1. The three major U.S. stock indexes closed slightly higher. The Dow Jones Industrial Average rose 0.1% to 46,993.26 points, the S&P 500 rose 0.25% to 6,716.09 points, and the Nasdaq Composite rose 0.47% to 22,479.53 points. IBM rose more than 2%, and Disney rose more than 1%, leading the Dow Jones. Drone manufacturer Swarmer surged 520% on its first day of trading in the U.S. The Wind U.S. Tech Giants Index rose 0.43%, with Google and Amazon rising more than 1%. The Nasdaq China Golden Dragon Index fell 0.73%, with Tencent Music falling more than 24% and Wanwu Xinsheng falling nearly 5%. The market continues to focus on the impact of the U.S.-Iran war on crude oil and other factors. 2. The U.S. crude oil futures contract closed up 2.7% at $96.02 per barrel; the Brent crude oil futures contract rose 3.35% to $103.57 per barrel. 3. International precious metals futures closed mixed. COMEX gold futures rose 0.18% to $5011.30 per ounce, while COMEX silver futures fell 1.51% to $79.46 per ounce. 4. Most London base metals fell. LME lead rose 1.10% to $1926.0 per tonne, LME copper fell 0.59% to $12780.0 per tonne, LME aluminum fell 0.91% to $3364.5 per tonne, LME zinc fell 1.12% to $3233.0 per tonne, LME nickel fell 1.20% to $17255.0 per tonne, and LME tin fell 2.93% to $46850.0 per tonne.Japans Reuters Tankan Manufacturing Sentiment Index for March was 18, down from 13 in the previous month.Japans Reuters Tankan non-manufacturing business sentiment index for March was 25, unchanged from the previous reading.

S&P 500 Rallied Above The 50 EMA As Treasury Yields Declined

Skylar Shaw

Oct 26, 2022 15:34

微信截图_20221026152839.png

The stock market rose to multi-week highs.

Today, the S&P 500 had significant upward momentum as Treasury rates declined from recent highs. According to the CB Consumer Confidence and Case-Shiller Home Price Index data, the economy is already beginning to feel the effects of rising interest rates. These news were positive for equities since the Fed may become less hawkish as a result of weak economic statistics.


The recovery today was widespread, and all market categories were heading upward. Because of lower Treasury rates, REITs were strongly supported.


After Amazon launched Venmo as a payment option ahead of the holiday season, PayPal saw a 7% increase. The choice made by Amazon will improve PayPal's fourth-quarter performance.


Trading speculation that the worst has already been priced in ahead of tomorrow's earnings announcement, which will be issued after the market close, helped Meta climb 6%.


Significant earnings reports that were announced after the market closed put the market's optimism to the test.


Alphabet announced profits of $1.06 per share and sales of $69.09 billion, both of which fell short of expert expectations. The company's shares came under rapid pressure and dropped below the $100 mark.


Microsoft reported $50.1 billion in sales and $2.35 per share in profitability. The business said that sales from Microsoft Cloud was $25.7 billion, up 24% from the previous year. The stock did not get much support from the robust rise in the cloud sector in the post-market session, and Microsoft dropped below the $250 threshold.


By exceeding analyst expectations for both profits and sales, Visa announced revenue of $7.8 billion and adjusted earnings of $1.93 per share. The business announced a $12 billion share buyback program as well as an increase in dividend payments to $0.45 per share. Although Visa shareholders were pleased with the dividend hike and stock repurchase, the stock remained mostly unchanged in the post-market session.


It is important for traders to be aware that these stocks will be sensitive to remarks made during the results calls, and that tomorrow's dynamics may be different from the price movement in the post-market session.

Suggestion