Jobs Data, Earnings Latest Test For Stocks

NEW YORK (Reuters) - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.

Topics:  york reuters     u.s   stocks   jobs data   
BING NEWS:
  • Adobe Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
    BMO Capital analyst Keith Bachman maintained an Outperform rating and slashed the price target from $610 to $525 on June 6. This analyst has an accuracy rate of 79%. Oppenheimer analyst Brian Schwartz ...
    06/13/2024 - 5:42 am | View Link
  • The Fed: Likely To Cut Rates Despite The Jobs Numbers
    S&P 500 Index experienced volatility due to the hot job market, but the economy remains resilient and inflation may moderate. Read more on SP500 here.
    06/11/2024 - 6:47 am | View Link
  • Oracle Likely To Report Lower Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
    Analysts expect the Austin, Texas-based company to report quarterly earnings at $1.65 per share. That's down from $1.67 per share in the year-ago period. Oracle is projected to post quarterly revenue ...
    06/10/2024 - 4:45 am | View Link
  • 3 Subtle Warning Signals from Nvidia's Earnings Results That Investors Likely Missed
    The existing trillion-dollar global data center infrastructure ... they may opt to delay their purchases to access the latest technology. Nvidia is trading at a forward price-to-earnings (P/E) ratio ...
    06/9/2024 - 3:31 am | View Link
  • Inflation reading and a Fed meeting: What to know this week
    An update on the Federal Reserve's outlook for interest rate policy in 2024 will test investors' risk appetite with stocks near record highs.
    06/9/2024 - 12:34 am | View Link
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