What could soothe markets? Solid earnings, economic reports
Saturday, 13 October 2018 () WASHINGTON (AP) — After a harrowing week for financial markets, investors will look for solid corporate earnings reports and healthy economic news over the next few weeks to calm things down. This week, sharply higher bond yields, fears of faster rate hikes, and the prospect of a long trade war between the United States and China prompted a two-day rout in the stock market. The Dow Jones Industrial Average plummeted 1,300 points on Wednesday and Thursday. Even as the Dow regained almost 300 of those points Friday, some experts said investors' concerns haven't been resolved.
In this video Jim Iuorio, Managing Director TJM Institutional Services and Bob Iaccino, Chief Market Strategist for Path Trading Partners preview Friday's Q3 U.S. bank earnings and discuss if a strong dollar coupled with the trade war has impacted these reports.
In this video Jim Iuorio, Managing Director TJM Institutional Services and Scott Martin, Chief Investment Officer of Kingsview Asset Management discuss how Q3 earning season is heating up with big tech..
According to Business Insider, the winds on Wall Street are changing after weathering a massive sell-off last week.
Backed by strong earnings and uplifting economic data, the top three markets on the..
Markets are looking to Q3 earnings reports to give them a lift after last week's heavy falls. And, as David Pollard reports, traders also hope for some strong medicine from this week's EU summit, amid..
The market has been on a roller coaster ride this week. And whether it's interest rates, tariffs or the market just needing to give back a little of the gains we have been experiencing, it's important..
If fresh evidence emerges that the economy remains healthy and growing, and companies are still churning out robust profit gains, the stock market may eventually... Seattle Times - Front PageAlso reported by •SeattlePI.com