US STOCKS-Wall Street posts weekly gains with earnings, inflation data on tap
- U.S. stocks finished higher, with the Dow, S&P 500, and Nasdaq posting gains as investors prepared for corporate earnings reports and inflation data.
- Wells Fargo, Goldman Sachs, and JPMorgan Chase are among the banks scheduled to report third-quarter results the following week.
- SpaceX’s spectrum deal pressured wireless companies, while Humana rose and Apple fell on company-specific news.
63 Articles
63 Articles
Dow gains 0.38% while S&P 500 and Nasdaq retreat; European shares finish higher
Energy Stocks Rise With Oil Prices, but Tech Slips
Wall Street kicked off what figures to be a busy week on Monday with a mixed finish for the major US stock indexes, though the market continued near its all-time high. The Dow rose 195.60 points, or 0.4%, to 51,850.55. The S&P 500 fell 4.30...
Before the banks present their quarterly figures tomorrow, the US investors look anxiously at geopolitics. Trump's loudly presented diesel deal with Russia is puffing up. Oil prices, inflation and interest rate concerns weigh more heavily.
Small fluctuations in the indices, which remain near their highs - The quarterly results announcement period for the major Wall Street banks begins on Tuesday - The new inflation is crucial for the Fed's next steps
(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 12th (local time), the three major US stock indices in New York closed mixed.
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