TimeRO Wiki - User contributions [en]

Where Was Bokep Originated From

2025-07-09T23:34:56Z

GustavoHaun502:

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US STOCKS-Tech Stocks Lift Nasdaq S P 500 As Rate-cut Expectations...

2025-07-09T22:19:20Z

GustavoHaun502:

ISM non-manufacturing PMI stronger than forecast Nvidia, TSMC touch record highs [https://www.express.co.uk/search?s=CrowdStrike%20gains CrowdStrike gains] after strong Q2 forecast HPE climbs after upbeat revenue forecasts Indexes: Dow down 0.01%, S&P up 0.67%, Nasdaq up 1.35% (Updated at 12:20 p.m. ET/1620 GMT) By Lisa Pauline Mattackal and Johann M Cherian June 5 (Reuters) - Technology stocks led U.S. indexes higher on Wednesday, as investors strengthened bets for an earlier-than-expected start to the Federal Reserve's policy easing cycle after multiple reports signaled slowing growth in the world's largest economy. The Nasdaq touched a record intraday high as rate-sensitive megacap stocks such as Microsoft and Amazon.com gained between 0.3% and 2.5%. Tech stocks rose 1.8%, leading sectoral advances. Meanwhile, the Philadelphia SE Semiconductor Index leapt 3.5%. Shares of AI leader Nvidia and Taiwan Semiconductor Manufacturing rose 2.9% and 7.0%, [https://acidfiles.com/ xnxx] respectively, both touching record highs. Consumer staples led sectoral declines, slipping nearly 0.7%. U.S. Treasury yields slipped to two-month lows after the ADP National Employment report showed private employers increased their headcounts by 152,000 in April, significantly lower than forecast. Traders now see a nearly 69% chance of a September rate reduction, according to the CME's FedWatch tool. Expectations had hovered around 50% last week. Separately, an Institute of Supply Management survey showed services sector activity stood at 53.8 in May, better than the expectation of 50.8. With major indexes near all-time highs, investors are juggling worries of a weakening economy with hopes this would lead to an earlier start to the Fed's rate cuts than previously expected. "It's a confusing time, but now everybody has put (the likelihood of Fed cuts) together. The 10-year Treasury yield is down, and there's a great correlation between that going down and equities coming up," said Kim Forrest, chief investment officer at Bokeh Capital [https://www.purevolume.com/?s=Partners Partners]. Investors now await the nonfarm payrolls report, due on Friday, for a comprehensive view of the labor market. "If we get a soft jobs number, that might show the soft landing (for the U.S. economy) is happening," Forrest said. At 12:20 p.m. ET, the Dow Jones Industrial Average was down 4.89 points, or 0.01%, at 38,706.40, the S&P 500 was up 35.69 points, or 0.67%, at 5,327.03, and the Nasdaq Composite was up 228.20 points, or 1.35%, at 17,085.25. Hewlett Packard Enterprise topped the benchmark index with an 11.8 % rise after forecasting third-quarter revenue above Street expectations , helped by upbeat demand for its AI servers. Dollar Tree reversed earlier gains, slipping 4.5% after a disappointing quarterly profit forecast. The budget retailer said it would explore options that include a potential sale or spin-off of Family Dollar. Intel gained 2.0% after buyout firm Apollo Global Management agreed to purchase a 49% equity interest for $11 billion in a joint venture related to the chipmaker's Ireland manufacturing unit. CrowdStrike Holdings jumped 9.9% after forecasting second-quarter revenue above estimates when markets closed on Tuesday, helped by strong demand for its cybersecurity offerings. Advancing issues outnumbered decliners by a 1.92-to-1 ratio on the NYSE, and by a 1.66-to-1 ratio on the Nasdaq. The S&P index recorded 17 new 52-week highs and eight new lows, while the Nasdaq recorded 48 new highs and 95 new lows. (Reporting by Lisa Mattackal and Johann M Cherian in Bengaluru; Editing by Pooja Desai)

Wall St Week Ahead-Retail Stocks Search For Direction As Rates Stay...

2025-07-09T20:39:17Z

GustavoHaun502:

By David Randall and Lewis Krauskopf NEW YORK, June 14 (Reuters) - Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight monetary policy while a select few have soared. The S&P 500 Consumer Discretionary Distribution & Retail index is up nearly 14% this year, roughly keeping pace with the S&P 500´s year-to-date gain. Much of the sector´s strength, however, has been concentrated in a small group of stocks, including heavyweight Amazon.com, which is up nearly 21% this year. Meanwhile, shares of companies focused on lower-income consumers have struggled, in-part because buyers in that segment have been more affected by elevated interest rates, analysts said. Among the biggest laggards are shares of Dollar Tree , which are down nearly 27% year-to-date and Dollar General, which have fallen nearly 9%. The retail sector is one of several areas of the economy - in addition to real estate and consumer staples - that have been pressured by elevated rates. The Federal Reserve earlier this week reiterated that it needs to see more evidence of cooling inflation before lowering borrowing costs. "The lower to mid-income segment is getting squeezed because of gas prices and groceries," said Greg Halter, director of research at Carnegie Investment Counsel. "They feel bad even though the economy is doing well." The consumer will be in focus next week when the U.S. reports retail sales data on Tuesday. Analysts polled by Reuters expect retail sales to have grown by 0.2% in May. Weaker-than-expected results - following data earlier this week showing encouraging progress on inflation - could [https://www.dictionary.com/browse/bolster bolster] the case for the Fed to ease rates sooner rather than later. Futures markets have reflected increased investor expectations of a September rate cut, though the Fed projected it will only lower borrowing costs in December. The divergent performance of retail stocks has pushed investors to focus on companies whose consumers can continue to withstand higher interest rates or those that offer discounts on name-brand [https://acidfiles.com/ tante sange] household items like clothing or groceries, such as warehouse club company Costco Wholesale. Halter´s fund has been buying shares of companies such as Walmart, Costco, and TJX Companies whose business models emphasize value for the consumer. Their shares are up 28%, 29% and 16% respectively. Robert Pavlik, [https://www.thesaurus.com/browse/senior%20portfolio senior portfolio] manager at Dakota Wealth Management, said he has owned Costco and TJX Companies, pointing to their strong management and inventory controls. "I think inflation will remain but moderate and consumers will still look to get the most out of their dollars," he said. Bokeh Capital Partners owns shares of Urban Outfitters , which are up over 20% this year. Kim Forrest, Bokeh's chief investment officer, said Urban Outfitters' strength as a fashion merchandiser has helped the company weather the inflationary environment, adding "people will sacrifice to look good." Josh Cummings, a portfolio manager at Janus Henderson Investors, believes areas such as online shopping will continue to thrive even if interest rates stay elevated. He has been targeting companies such as Carvana, whose shares have nearly doubled this year, and DoorDash , whose shares are up around 13%. "We're not terribly excited about the consumer sector overall, but we do think we are in the early innings of some of these growth stories," he said. (Reporting by David Randall, Editing by Nick Zieminski)

US STOCKS-Wall Street Set To Dip From Record Highs With Trump Tax...

2025-07-09T20:12:30Z

GustavoHaun502:

Futures down: S&P 500 0.36%, Nasdaq 0.51%, Dow 0.15% Tesla slips as Denmark, Sweden sales drop; Trump-Musk feud Circle up after applying for US trust bank license By Sruthi Shankar and Nikhil Sharma July 1 (Reuters) - Wall Street indexes were set to dip on Tuesday, after touching record highs a day earlier, as [https://pixabay.com/images/search/investors%20monitored/ investors monitored] U.S. trade talks and a voting marathon in Washington over President Donald Trump's tax and spending bill. The S&P 500 and the Nasdaq Composite notched all-time closing highs on Monday, capping their best quarter in over a year as hopes for more trade deals and possible rate cuts supported sentiment. U.S. senators were still voting on Tuesday on a potentially long list of amendments to Trump's bill that is expected to bring a $3.3 trillion hit to the nation's debt pile. The Republican majority's struggle to pass the bill exemplifies deep divisions within the party over debt. The bill aims to partly cover the cost of the tax reductions with cuts to Medicaid and some food assistance programs for low-income Americans. Trump said he was open to moving the July 4 deadline he gave fellow Republicans in the U.S. Senate to get behind the bill, while Treasury Secretary Scott Bessent said he expects the Senate to pass the bill by the afternoon. "This version that we hear about is not necessarily the one that's going to pass. So you know that's still something that weighs on investors' minds," said Kim Forrest, chief investment officer at Bokeh Capital Partners. Tesla's shares dropped 6.2% premarket after a fresh spat between CEO Elon Musk and Trump over the tax bill, with the president urging the government efficiency department to review the subsidies that Musk's companies have received. Tesla also reported a sales drop for a sixth straight month in Sweden and Denmark in June. Meanwhile, Trump expressed frustration with U.S.-Japan trade negotiations and Bessent warned that countries could be notified of sharply higher tariffs despite good-faith negotiations, as a July 9 deadline approaches. By 8:39 a.m. ET (1239 GMT), S&P 500 e-minis were down 22.5 points, or 0.36%. Nasdaq 100 e-minis dropped 116.5 points, or 0.51% and Dow e-minis slipped 66 points, or [https://acidfiles.com/ phising] 0.15%. The S&P 500 and the Nasdaq's rise to record highs marked a stunning recovery in sentiment that was hammered by Trump's chaotic trade policies and geopolitical tensions, with investors betting on AI enthusiasm and earnings momentum to keep the bull run going. The blue-chip Dow on Monday closed 2.2% below its all-time high touched in December. S&P Global and ISM's June manufacturing activity surveys, May job openings data as well as Fed Chair Jerome Powell's comments at a European Central Bank forum later in the day will be parsed for hints on U.S. monetary policy outlook. Soft economic data in recent weeks and expectations of Trump picking a dovish central bank head have supported bets of interest rate cuts from the Fed this year and next. Ahead of Thursday's crucial payrolls data, money markets were pricing in 68 basis points of rate cuts by the end of 2025 and about 131 bps of cuts by October next year, per LSEG data. Among other stocks, stablecoin firm Circle edged up 1.3% on news it was applying to create a national trust bank in the U.S. AMC Entertainment Holdings dropped 6.5% after the theater chain operator said it would cut its debt by converting at least $143 million in exchangeable bonds into shares. (Reporting by Sruthi Shankar in Bengaluru; Editing by Devika Syamnath)

US STOCKS-S P 500 Nasdaq Droop As Tech Stocks Weigh; Nvidia...

2025-07-09T19:40:18Z

GustavoHaun502: Created page with " PDD Holdings slumps after quarterly revenue miss Oil companies up on supply disruption fears, Middle East tensions Boeing slips as NASA picks SpaceX over Starliner * Indexes: Dow up 0.02%, S&P 500 off 0.41%, Nasdaq down 0.94% (Updated at 11:47 a.m. ET/ 1547 GMT) By Johann M [https://www.behance.net/search/projects/?sort=appreciations&time=week&search=Cherian Cherian] and Purvi Agarwal Aug 26 (Reuters) -..."

PDD Holdings slumps after quarterly revenue miss Oil companies up on supply disruption fears, Middle East tensions Boeing slips as NASA picks SpaceX over Starliner * Indexes: Dow up 0.02%, S&P 500 off 0.41%, Nasdaq down 0.94% (Updated at 11:47 a.m. ET/ 1547 GMT) By Johann M [https://www.behance.net/search/projects/?sort=appreciations&time=week&search=Cherian Cherian] and Purvi Agarwal Aug 26 (Reuters) - The S&P 500 and the Nasdaq dropped in choppy trading on Monday, weighed by AI-favorite Nvidia ahead of its results later in the week, while markets awaited a key inflation report and cemented bets on an imminent interest-rate cut by the Federal Reserve. Nvidia dropped 2.3%, leading declines among chip stocks and sending the Philadelphia SE Semiconductor index down 2.5% ahead of the chip designer's highly anticipated earnings on Wednesday. The broader Technology sector also lost over 1%. Markets have been less forgiving this quarter of highly valued megacap stocks, which spearheaded the excitement around artificial intelligence. Nvidia's earnings will be scrutinized to justify the stock's more than 160% year-to-date jump, which pushed its market cap value to No. 2, just below Apple's, as of Friday's close. "Nvidia's on tap. People are taking a little money off the table, saying, well, we've earned some money," said Kim Forrest, chief investment officer at Bokeh Capital Partners. "Their forecast for the next six months or so is probably the most important data that we get this week." Other growth names such as Tesla shed 3%, while Meta fell 1.4% and Apple lost 0.8%. At 11:47 a.m. ET, the Dow Jones Industrial Average was up 10.14 points, or 0.02%, at 41,185.22, the S&P 500 was down 22.99 points, or 0.41%, at 5,611.62, and the Nasdaq Composite was down 168.87 points, or 0.94%, at 17,708.93. The Energy sector bucked the trend to rise 0.6%, as [https://www.google.com/search?q=reports&btnI=lucky reports] of oil supply disruptions amid the geopolitical conflict in the Middle East lifted crude prices. Other areas in the market, including financials stocks such as American Express and consumer staples such as Proctor & Gamble, also saw gains, limiting declines on the blue-chip Dow, which hit an intraday record high earlier in the day. The main indexes rallied more than 1% on Friday, with the benchmark S&P 500 nearing record highs after U.S. Federal Reserve Chair Jerome Powell said "the time has come" to lower borrowing costs in the light of a diminishing upside risk to inflation and moderating labor demand. Traders are now betting on either a 25-basis-point or a 50-basis-point rate cut in September. Odds of the former stand at 67.5%, while odds of a 50-bps cut are at 34.5%, according to the CME Group's FedWatch tool. Friday's highly anticipated Personal Consumption Expenditure data for [https://acidfiles.com/ adult] July, the central bank's preferred inflation gauge, could provide more insight into the policy easing trajectory. Results from Dell, Salesforce, Dollar General and Gap are also expected through the week. Among others, U.S.-listed shares of PDD Holdings sank 29.8% after the Temu-owner missed market expectations for second-quarter revenue. Boeing slipped 1.4% after NASA picked SpaceX over the planemaker's Starliner to return its astronauts from space next year. Advancing issues outnumbered decliners by a 1.41-to-1 ratio on the NYSE, and by a 1.19-to-1 ratio on the Nasdaq. The S&P index recorded 91 new 52-week highs and no new lows, while the Nasdaq recorded 127 new highs and 26 new lows. (Reporting by Johann M Cherian in Bengaluru; Editing by Pooja Desai)

Elon Musk Pins Hopes On Full Self-driving As Tesla s Next Profit...

2025-07-09T19:26:59Z

GustavoHaun502:

By Hyunjoo Jin and Akash Sriram April 20 (Reuters) - Elon Musk is counting on full-self driving and other new technologies and vehicles at Tesla Inc to provide the "wow factor" that will continue to drive the electric carmaker's value far beyond its automotive rivals. Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving (FSD) software. "Tesla faces an increasingly uphill battle to secure its competitive position, which makes its current valuation look even more unrealistic," said David Trainer, CEO of investment research firm New Constructs. "The Tesla bull case has centered around the company's growth goals, which it is failing to meet." Tesla's stock is trading at about 43 times expected earnings, down from astronomical levels above 200 times in 2021, according to Refinitiv data. Even after that drop, the company's valuation remains several times higher than the multiples of legacy carmakers, with Ford Motor [https://acidfiles.com/ kontol] Co trading at about 8 times expected earnings and General Motors Co trading at under 6. Tesla on Wednesday doubled down on the price war it started at the end of last year, as Musk said the company would prioritize sales growth ahead of profit. In the first quarter, Tesla posted its lowest quarterly gross profit margin in two years. "The market wants to see that Tesla management has a tangible plan to boost automotive gross margins and companywide operating profit margins over the coming quarters and in the next year or so," said Morningstar analyst Seth Goldstein. "I also think the market wants to see a growth plan that does not involve continuous price cuts." Musk brushed aside those fears on Wednesday, saying the company this year would likely launch FSD, which costs $15,000, and which will be a big profit generator. That is almost a third of the roughly $47,000 current starting price of the base Model Y in the United States. Musk has missed his previous targets to achieve self-driving capability, dating back years. "We're the only ones making cars that technically, we could sell for zero profit for now and then yield actually tremendous economics in the future through autonomy," he told analysts on a conference call on Wednesday. "I'm not sure how many people will appreciate the profundity of what I've just said, but it is extremely significant." GOLD STANDARD Skeptics remain over how soon Tesla will launch FSD. "This is a bit like the boy who cried wolf, except in our story the wolf would be a good thing that never seems to come," said Bryant Walker Smith, a law professor at the University of South Carolina who closely follows the development of advanced vehicle technologies. "It's not clear to me how that timetable in any way is consistent with the evidence we have seen," he added, describing the current version of FSD as "highly imperfect." Other key products expected from Tesla include the Cybertruck pickup later this year, as well as a lower-cost car that is expected in late 2024 or early 2025. Longer-term, Tesla believes robots could be a bigger profit generator than EVs. Evangelos Simoudis, a technology adviser, author and investor, believes Tesla may have an even bigger opportunity" in energy generation and storage with its solar panels and Powerwall battery systems. Not only is Tesla viewed as the gold standard in the auto sector, but many see it as more of a tech stock. Canaccord Genuity analyst George Gianarikas compared Tesla favorably to such tech stocks as Alphabet Inc, Meta Platforms Inc , Nvidia Corp, Apple Inc, Microsoft Corp and Amazon.com Inc. "If you look at the growth rates for Tesla versus those companies, Tesla is growing its revenue significantly more than their EBITDA, and so we feel like it's incredibly compelling relative to those [https://www.gameinformer.com/search?keyword=companies companies] because you're paying not only a lower PE but also you get better growth," said Gianarikas. Ultimately, some industry observers feel investors are betting more on the man than the models. "You're not investing in Tesla. You're investing in Elon Musk," said Kim Forrest, chief investment officer of Bokeh Capital Partners. For true believers in Musk and Tesla, their faith will remain intact even if FSD is not launched this year, said Will Rhind, CEO of GraniteShares, an asset manager in New York that offers exchange-traded funds (ETFs) allowing investors to bet either long or short on Tesla stock. "Potentially it never happens that the retail investor gives up the ghost," he said. (Reporting by Hyunjoo Jin in San Francisco and Akash Sriram in Bengaluru Additional reporting by Nivedita Balu in Bengaluru, Paul Lienert and Ben Klayman in Detroit and Noel Randewich in Oakland, California Writing by Ben Klayman Editing by Matthew Lewis)

US STOCKS-Wall St Edges Up With Earnings Rate-cut Expectations In...

2025-07-09T19:17:34Z

GustavoHaun502:

Lilly sees 2024 profit above estimates, shares spike Palantir shares soar on AI revenue boost DuPont sets $1 bln stock buyback target, hikes dividend * Indexes: Dow up 0.34%, S&P up 0.19%, Nasdaq up 0.11% (Updated at 9:53 a.m. ET/ 1453 GMT) By Johann M Cherian and Ankika Biswas Feb 6 (Reuters) - Wall Street's main indexes inched higher on Tuesday as investors parsed big-ticket earnings and awaited commentary from policymakers for clues on the timing of the Federal Reserve's first interest-rate cut. Eli Lilly jumped 3.5% after forecasting 2024 profit above estimates, driven by demand for its blockbuster weight-loss drug Zepbound and diabetes medicine Mounjaro. GE HealthCare Technologies gained 8.0% after the medtech firm posted better-than-expected fourth-quarter earnings. The S&P 500 healthcare sector was up 0.6%, scaling a record high. The materials index gained 1.4%, as chemicals firm DuPont de Nemours jumped 6% after beating fourth-quarter profit estimates, announcing a new $1 billion share-repurchase program and hiking its dividend. With around half of the S&P 500 companies having reported earnings, 80.4% have surpassed expectations, according to LSEG data last week. Overall S&P 500 earnings are now expected to have risen 7.8% in the fourth quarter from the year-ago quarter. [https://hararonline.com/?s=Investors Investors] are actively monitoring forecasts from businesses against a backdrop of high borrowing costs and persistent slowdown concerns. "Companies are telling us they see growth in six months to a year out and it could be growth in earnings or in the top line. But it's definitely growth, and it's not the recession that people were looking for last year," said Kim Forrest, chief investment officer at Bokeh Capital Partners. "Certainly there have been winners and losers in certain categories, but overall, we're getting an economy that's growing." Wall Street started the week on a glum note in the previous session on the heels of a blistering rally in the S&P 500, which notched 13 weekly gains out of 14. The benchmark index was aided by largely positive corporate earnings and optimism that a rate cut might be imminent. However, Fed officials, including Chair Jerome Powell, have actively talked down market expectations of a quick start to policy easing, a key theme in the central bank's interest-rate decision last week. Strong labor market and economic activity data have also fed into rate-cut anxieties. Remarks from the Fed's policymakers through the day, including voting member Cleveland's Loretta Mester, will be on investors' watch list. Traders are betting with a nearly 65% chance that at least a 25-basis-point rate cut could be delivered in May, with the odds standing at around 94% for the first cut in June, according to the CME FedWatch Tool. At 9:53 a.m. ET, the Dow Jones Industrial Average was up 130.09 points, or 0.34%, [https://acidfiles.com/ xnxx] at 38,510.21, the S&P 500 was up 9.50 points, or 0.19%, at 4,952.31, and the Nasdaq Composite was up 16.48 points, or 0.11%, at 15,614.16. Palantir Technologies jumped 26.3% after the data analytics firm forecast annual profit above estimates, while FMC Corp tumbled 8.1% after forecasting downbeat first-quarter profit. Gartner lost 2.9% after the research and advisory firm forecast annual results below estimates. Advancing issues outnumbered decliners by a 3.23-to-1 ratio on the NYSE and by a 2.19-to-1 ratio on the Nasdaq. The S&P index recorded 14 new 52-week highs and eight new lows, while the Nasdaq recorded 42 new highs and 57 new lows. (Reporting by Johann M Cherian and Ankika Biswas in Bengaluru; Editing by Pooja Desai)

US STOCKS-Wall St Set To Rebound At Open After Retreating On...

2025-07-09T19:15:37Z

GustavoHaun502: Created page with " Dow, S&P 500 set for weekly losses Boeing, megacap shares recover after Thursday's dour session Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Futures up: Dow 0.20%, S&P 0.35%, Nasdaq 0.38% (Updated at 8:40 a.m. ET) By Ankika Biswas and Lisa Pauline Mattackal May 24 (Reuters) - The main U.S. stock indexes were on track for a higher open on Friday, re..."

Dow, S&P 500 set for weekly losses Boeing, megacap shares recover after Thursday's dour session Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Futures up: Dow 0.20%, S&P 0.35%, Nasdaq 0.38% (Updated at 8:40 a.m. ET) By Ankika Biswas and Lisa Pauline Mattackal May 24 (Reuters) - The main U.S. stock indexes were on track for a higher open on Friday, rebounding after Wall Street closed lower in the previous session on signs of [https://openclipart.org/search/?query=persistent%20inflation persistent inflation] that rekindled monetary policy caution ahead of a long weekend. After riding high on Nvidia's blowout revenue forecast and a 10-for-one stock split in early trade on Thursday, all three main indexes turned lower as economic data pointing to rising price pressures dented bets of interest-rate cuts this year. Fresh data from the U.S. Census Bureau showed orders for durable goods rose 0.7% in April, compared with a 0.8% dip expected by economists polled by Reuters. After a strong earnings season and expectation-beating forecasts from Nvidia, "the shift for investors now goes back to (the Fed)," said Kim Forrest, chief investment officer at Bokeh Capital Partners. "We're going to be looking for all of that data and that will drive the market." For the day, next in line are the University of Michigan's final consumer sentiment data and remarks from Fed Board Governor Christopher Waller. Traders expect the U.S. central bank to ease its interest rates by 34 basis points by year-end. The blue-chip Dow logged its biggest one-day drop since March 2023 on Thursday while the benchmark S&P 500 recorded its worst session in over three weeks. Both the indexes were set for weekly losses after four straight weeks of gains. Nvidia shares gained 1.1% premarket after jumping more than 9% a day earlier, closing above the key $1,000 mark and adding around $218 billion to its market value. Reuters reported the company's most advanced AI chip developed for China had a weak start, with abundant supply forcing it to be priced below Huawei's rival chip. Other megacap stocks including Apple, Alphabet and Meta Platforms were also up between 0.3% and 0.7%. The U.S. equity market will be closed on Monday on account of Memorial Day. U.S. equity funds secured substantial inflows in the week ended May 22, boosted by rate-cut hopes and optimism around robust corporate earnings. LSEG Lipper data showed investors pumped $9.9 billion into U.S. equity funds, significantly higher than the $4.1 billion recorded a week earlier. Of the S&P 500 companies that have reported earnings to date, 77.9% exceeded estimates, compared with a long-term average of 66.7%, LSEG data showed. At 8:40 a.m. ET, Dow e-minis were up 79 points, or 0.2%, S&P 500 e-minis were up 18.75 points, or 0.35%, and Nasdaq 100 [https://soundcloud.com/search/sounds?q=e-minis&filter.license=to_modify_commercially e-minis] were up 70.25 points, or 0.38%. Boeing rose 0.6%. The stock was the biggest drag on the Dow in the previous session, closing more than 7% lower. Meanwhile, the U.S. Securities and Exchange Commission approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) tied to ether prices, potentially paving the way for [https://acidfiles.com/ kontol] products to begin trading later this year. However, ProShares Ether Strategy ETF was down 2.5% after jumping more than 22% so far this week. Workday dropped 10.8% after the human resources software provider cut its annual subscription revenue forecast. Ross Stores jumped 7.1% after posting first-quarter results above estimates and raising its annual profit forecast. Microchip Technology rose 1.9% after Mizuho upgraded the chipmaker to "buy" from "neutral". (Reporting by Ankika Biswas and Lisa Mattackal in Bengaluru; Editing by Devika Syamnath)

US STOCKS-Wall St Swings Higher After Soft Services Sector Data

2025-07-09T18:54:58Z

GustavoHaun502: Created page with " March private payrolls up 184,000 vs est. of 148,000 Powell scheduled to speak at 1210 ET (1610 GMT) Intel down after revealing deepening losses at chip-making unit * Indexes up: Dow 0.19%, S&P 0.34%, Nasdaq 0.41% (Updated at 10:29 a.m. ET) By Sruthi Shankar and Shashwat Chauhan April 3 (Reuters) - Wall Street's main indexes swung higher on Wednesday after softer-than-expected services sector data offer..."

March private payrolls up 184,000 vs est. of 148,000 Powell scheduled to speak at 1210 ET (1610 GMT) Intel down after revealing deepening losses at chip-making unit * Indexes up: Dow 0.19%, S&P 0.34%, Nasdaq 0.41% (Updated at 10:29 a.m. ET) By Sruthi Shankar and Shashwat Chauhan April 3 (Reuters) - Wall Street's main indexes swung higher on Wednesday after softer-than-expected services sector data offered relief to investors worried about the Federal Reserve taking a cautious approach to monetary easing. A survey from the Institute for Supply Management (ISM) showed U.S. services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, which bodes well for the inflation outlook. "It wasn't quite as hot as we had anticipated and because it is services data, we might think that's a good thing," said Kim Forrest, chief investment officer at Bokeh Capital Partners in Pittsburgh. Futures had come under pressure after data earlier showed private payrolls rose by 184,000 jobs in March, beating economists' forecast of an increase of 148,000. The tech-heavy Nasdaq and the blue-chip Dow closed at two-week lows on Tuesday as Treasury yields rose to multi-month highs after solid manufacturing activity and factory orders data raised doubts over the prospect of three rate cuts the Fed had forecast for 2024. "The market has come around to the Fed's expectation for three rate cuts this year, but if we continue to get strong labor market data, it's going to push them further towards fewer than three cuts this year," said Ross Mayfield, investment strategy analyst at Baird. The benchmark 10-year U.S. Treasury yield edged higher to 4.4033%, having hit a fresh high for the year earlier in the day. Traders are pricing in a 57% chance the Fed will cut interest rates by 25 basis points in June, according to CMEGroup's FedWatch tool, down from about 64% a week ago. The Fed should not cut its benchmark interest rate until the end of this year, Atlanta Fed President Raphael Bostic said, [https://acidfiles.com/ scam] as he [https://www.deviantart.com/search?q=maintained maintained] his view that the U.S. central bank should reduce borrowing costs only once over the course of 2024. Fed Chair Jerome Powell is set to speak at 1210 ET (1610 GMT). Focus is also on the Labor Department's jobs report on Friday that is expected to show U.S. nonfarm payrolls increased by 200,000 jobs in March, following 275,000 job additions in February. At 10:29 a.m. ET, the Dow Jones Industrial Average was up 75.08 points, or 0.19%, at 39,245.32, the S&P 500 was up 17.61 points, or 0.34%, at 5,223.42, and the Nasdaq Composite was up 66.85 points, or 0.41%, at 16,307.30. Among individual stocks, Ulta Beauty tumbled 13.4% after the beauty retailer gave downbeat forecast at an industry conference. Shares of e.l.f. Beauty fell 8.3%, while Coty dropped 3.8%. Intel fell 6.4% after the chipmaker disclosed $7 billion in operating losses for its foundry business in 2023, steeper than the $5.2 billion reported the year before. Advancing issues outnumbered decliners by a 1.24-to-1 ratio on the NYSE and 1.05-to-1 ratio on the Nasdaq. The S&P index recorded 28 new 52-week highs and three new lows, while the Nasdaq recorded 45 new highs and 77 new lows. (Reporting by Sruthi Shankar and Shashwat Chauhan in Bengaluru; Editing by [https://www.change.org/search?q=Saumyadeb%20Chakrabarty Saumyadeb Chakrabarty] and Shinjini Ganguli)

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2025-07-09T18:54:49Z

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