Tag "earnings"


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S&P Likely to Rise Further

S&P Likely to Rise Further

🕔July 30, 2016

The current market uptrend may have come a long way but stocks are still likely to clip higher levels next week if earnings reports continue to promote the current market sentiment with higher-than-expected values which strengthens the conviction that the recovery of the US economy is very much in the picture.…

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US Stocks Vibrate

US Stocks Vibrate
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🕔July 28, 2016

Stocks in the US bounced between small profits and losses early today surrounded by earnings reports and mixed US economic data that showed a rise in the number of people who applied for unemployment benefits last week, this number was already at historical lows prior to the rise, the data also shows the US trade gap expanding in June to $63.3 billion as imports grew faster than exports as retail inventories soared and wholesale inventories stayed the same.…

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