Markets have been driven largely by concerns over the Russia-Ukraine conflict, and the Federal Reserve’s plan to hike interest rates.
Archiv für den Monat: Februar 2022
Stocks making the biggest moves after-hours: Airbnb, Roblox, Wynn Resorts & more
Check out the companies making headlines in after-hours trading.
Stocks making the biggest moves midday: MoneyGram, Constellation Brands, Marriott and more
These are the stocks posting the largest moves in midday trading.
Shares of metaverse company Roblox plummet after missing fourth quarter expectations
Roblox missed Wall Street expectations on both the top and bottom lines in the fourth quarter.
Airbnb beats on earnings and gives strong guidance
Airbnb beat Wall Street estimates on earnings and revenue in its fourth quarter, as the travel company continued to rebound from the Covid-19 pandemic.
US MBA mortgage applications w.e. 11 February -5.4% vs -8.1% prior
Prior -8.1%Market index 537.0 vs 567.7 priorPurchase index 279.0 vs 282.3 priorRefinancing index 1,988.8 vs 2,183.5 prior30-year mortgage rate 4.05% vs 3.83% prior
Russian envoy to EU reportedly says that there will be no escalation over Ukraine
The Russian envoy is reported to have said that there will be no escalation, „not next week, not the week after, not in the next month“. And so the merry-go-round continues. How are you guys enjoying the headlines so far today? 😉
Ukraine president Zelenskiy says haven’t seen any Russian withdrawal yet
Meanwhile, Russia is reportedly said to be insisting on NATO publicly stating its refusal to take in Ukraine. You can’t help but wonder that there has to be another twist in the saga here before it all ends. This whole he says, she says thing is going nowhere really.
Equities remain more tentative, nudge lower on the day
European indices have been pulled lower and are now trading in the red on the day, with US futures also erasing its light advance at the start of the session to be lower currently. The Eurostoxx, DAX and CAC 40 are all down 0.1% while S&P 500 futures and Dow futures are both down 0.2% now.As much as
Eurozone December industrial production +1.2% vs +0.3% m/m expected
Prior +2.3%Industrial production +1.6% vs -0.5% y/y expectedPrior -1.5%That’s a solid beat on estimates for euro area industrial output in December, with a solid rise in capital goods, intermediate goods, and non-durable consumer goods. Those were offset by declines in energy and durable consumer go