Wall Street Posts Weekly Gains with Earnings, Inflation Data in Focus
7 Articles
7 Articles
The major stock indices of the US Wall Street Stock Exchange were closed at an altitude yesterday Friday, recording weekly gains, with investors anticipating the start of the third quarter corporate business results season, and the issuance of American inflation statements that might affect the Federal Reserve's monetary policy decisions.
US stocks: US market posts weekly gains with earnings, inflation data on tap
Wall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo and Goldman Sachs. Analysts predict a notable growth in S&P 500 earnings year-over-year, even as worries about consumer sentiment loom. Oil prices dipped initially due to conflicting US-Iran news but later recovered. Moreover, significant companies such as Delta Air Lines and Apple reported hurdles impacting t…
All three major stock indexes in the U.S. advanced in the day, recording weekly gains
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