Walmart results ease some fears of recession

New York CNN Business — Walmart reported good news on Tuesday for investors and economists worried about a looming recession, as the retail giant painted a much more optimistic picture of consumer spending than it offered less ago. one month. On July 25, Walmart issued a revenue warning for the rest of the year, saying … Read more

Dow opens higher as Walmart and Home Depot beat forecasts

Text size US housing starts in July fell more than expected and to the lowest level since the start of 2021. (Spencer Platt/Getty Images) Shares were mixed at the open on Tuesday after earnings from walmart and Home deposit beat Wall Street forecasts, but a decline in housing starts provided further evidence of a slowing … Read more

Dow futures little changed as traders assess retail revenue, Walmart up 3%

Most Investors Think Inflation Is Falling, Bank of America Survey Shows Almost all professional investors are looking for lower inflation over the next year and have stocked up on US equities, according to the latest Bank of America Fund Manager Survey. Some 88% of respondents said they see inflation coming down and “fear of drastic … Read more

The summer rally was very bullish, but strategists say a big selloff next month is possible

The summer rally in equities may mean the worst of the bear market is over, but even so, chart-watching strategists say another big downtrend is possible in September. Some strategists, in fact, say that from a technical perspective, the market may have already entered a new bull cycle. Others disagree, saying they need more confirmation … Read more

US stocks recover from lower open even as China raises concerns over global growth

US stocks rebounded on Monday afternoon as investors looked past soft data from China that led to a lower open for all three major indexes. How Stocks Trade The Dow Jones Industrial Average DJIA, +0.48% rose 135 points, or 0.4%, to 33,896. The S&P 500 SPX, +0.28% rose 12 points, or 0.3%, to 4,292. The … Read more

Stocks tumble after four straight weeks of S&P 500 gains

Stocks open lower Stocks opened lower on Monday, led by energy and financial services stocks, which fell more than 3% and 1%, respectively. The Dow Jones Industrial Average slid 169 points, or 0.5%, while the S&p 500 and Nasdaq Composite fell 0.46% and 0.23%, respectively. — Samantha Subin New York-area manufacturing posts surprising drop in … Read more

China’s consumer and factory data misses expectations in July

Employees working on an air conditioner production line at a Midea factory in Guangzhou, China. Jade Gao | AFP | Getty Images BEIJING — China released July data well below expectations as the housing crisis and Covid controls dampened growth. Retail sales rose 2.7% in July from a year ago, the National Bureau of Statistics … Read more

Why stock market bulls are encouraging the S&P 500 to close above 4,231

The S&P 500 index ended Friday above a chart level that provided a dose of encouragement to stock market bulls arguing that the bottom of the US bear market has been reached, although technical analysts warned that this may not have been a signal to go all-in on stocks. . The S&P 500 SPX, +1.73% … Read more

Why stock market bulls are encouraging the S&P 500 to close above 4,231

The S&P 500 index ended Friday above a chart level that provided a dose of encouragement to stock market bulls arguing that the bottom of the US bear market has been reached, although technical analysts warned that this may not have been a signal to go all-in on stocks. . The S&P 500 SPX, +1.73% … Read more

Roku, Amazon, First Solar, Intel, Apple and more

People walk past a video sign with the logo of Roku, a Fox-backed video streaming company that staged its IPO at the Nasdaq Marketsite in New York, September 28, 2017. Brendan McDermid | Reuters Find out which companies are making headlines Friday at noon. Amazon – Shares of the e-commerce giant jumped more than 11%, … Read more