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The second earnings season will officially kick off release on July 12. As usual, bank stocks will lead the earnings season— $JPMorgan (JPM.US)$, $Wells Fargo & Co (WFC.US)$, $Citigroup (C.US)$,and $Bank of New York Mellon (BK.US)$will report their earnings later.
Prior to this, the $S&P 500 Index (.SPX.US)$ has reached new highs for the 34th time this year since hitting its low last October, driven by the AI boom and bets on Federal Reserve ...
Prior to this, the $S&P 500 Index (.SPX.US)$ has reached new highs for the 34th time this year since hitting its low last October, driven by the AI boom and bets on Federal Reserve ...
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In 2021, high inflation, the spread of mutant viruses, and the expected disturbance of rate cuts and hikes, the Nasdaq and US stock leader FAAMG once pulled back, and has since oscillated upwards in a performance-driven environment, but concerns remain incessant; the Chinese Internet moved higher after an influx of funds at the beginning of the year, and overall performance was relatively weak during the year, as the market lo...
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Asia stocks to rise after earnings-led U.S. climb: markets wrap
Asian stocks look set to climb Thursday after solid company earnings boosted Wall Street, easing concerns about peak economic growth and coronavirus flareups. The dollar and Treasuries declined.
More than 85% of the S&P 500 firms reporting so far have beaten analysts predictions, according to data compiled by Bloomberg. U.S. earnings calls have also underlined the pick up in inflation, with many executives highlighting greater pricing power.
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Asian stocks look set to climb Thursday after solid company earnings boosted Wall Street, easing concerns about peak economic growth and coronavirus flareups. The dollar and Treasuries declined.
More than 85% of the S&P 500 firms reporting so far have beaten analysts predictions, according to data compiled by Bloomberg. U.S. earnings calls have also underlined the pick up in inflation, with many executives highlighting greater pricing power.
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