• CWS Market Review - July 20, 2018

    4 monthes ago - By Crossing Wall Street

    “Nothing so undermines your financial judgment as the sight of your neighbor getting rich.” - J.P. Morgan
    Earnings season is underway, and the stock market is mostly in a pleasant mood. On Wednesday, the S&P 500 closed at its highest level in nearly six months. Then on Thursday, we got the lowest jobless-claims report since December 6, 1969. For context, that was the same day as Altamont.
    Spoiler Alert: This week's issue is all about earnings. We had five Buy List reports on Thursday, and it was mostly quite good. Snap-on beat earnings, and the stock jumped 10%. Danaher also rallied on a...
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  • Markets Right Now: US stocks open mostly lower

    Markets Right Now: US stocks open mostly lower

    4 monthes ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    Stocks are opening mostly lower on Wall Street as investors react to some disappointing earnings reports.
    Banks and industrial companies led the way lower in early trading on Friday.
    State Street slumped 7 percent after missing analysts' profit forecasts and announcing an acquisition, and General Electric dropped 3 percent after issuing a weak outlook.
    Shoe maker Skechers plunged 26 percent after missing Wall Street's earnings estimates.
    Microsoft rose 3 percent after reporting a strong quarter.
    The S&P 500 index fell 1...
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