The S&P 500 is up 1.3% for the week, pushing the S&P 500’s year-to-date return up to 24% as the benchmark enters a seasonally strong part of the year for markets.
Archiv für den Monat: November 2021
Moderna shares fall after company cuts 2021 forecast for Covid vaccine sales
Moderna shares fell Thursday after it cut its Covid-19 vaccine sales forecast for the year and missed earnings and revenue expectations for the third quarter.
Credit Suisse scales back investment banking as earnings beat estimates
The Swiss bank also revealed that it expects to report a net loss in the fourth quarter and said it plans to scale back its investment banking operations.
Roku shares drop after streaming company misses revenue estimates
Roku shares dropped in after-hours trading Wednesday after the company reported a third-quarter revenue that missed expectations.
Qualcomm shares pop after company reports earnings beat, 56% rise in smartphone chip sales
Qualcomm’s revenue beat Wall Street expectations, driven by chip sales for smartphones, which were up 56% despite a global chip shortage.
SunPower CEO says company is going on ‚offense‘ as demand for solar rises
Solar company SunPower’s third-quarter revenue disappointed the Street.
BOE leaves bank rate unchanged at 0.10% in November monetary policy meeting
BOE announces its latest monetary policy decision – 4 November 2021
ForexLive European FX news wrap: Dollar climbs, BOE coming up next
Forex news from the European trading session – 4 November 2021
Headlines:
Markets:
– JPY leads, EUR lags on the day
– European equities higher; S&P 500 futures up 0.1%
Headlines:
Markets:
– JPY leads, EUR lags on the day
– European equities higher; S&P 500 futures up 0.1%
US October Challenger layoffs 22.8k vs 17.9k prior
Latest data released by Challenger, Gray, and Christmas Inc
– 17.9k
US-based employers announced 22,822 job cuts last month, a roughly 28% rise from September – marking the highest monthly total since May. That said, October’s total was roughly 72% lower than the same month last year.
– 17.9k
US-based employers announced 22,822 job cuts last month, a roughly 28% rise from September – marking the highest monthly total since May. That said, October’s total was roughly 72% lower than the same month last year.
Bank of Spain: Inflation surge is transitory, will allow ECB to keep expansive monetary policy
Bank of Spain comments on the economy
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