Domino’s Pizza on Thursday reported quarterly earnings missed estimates as pandemic costs weighed on earnings and U.S. same-store sales growth slowed.
Moderna expects $18.4 billion in 2021 sales from Covid vaccine, chief medical officer to depart
Moderna also said its chief medical officer, Tal Zaks, will leave the company in late September.
Best Buy earnings beat expectations, but shares fall as sales growth slows
Sales growth slowed, and the retailer expects the pace will weaken even further as people shift spending away from their homes.
Papa John’s earnings miss, weighed down by higher costs, but chain sees strong pizza demand
Papa John’s earnings fell short of estimates as higher food costs and employee bonuses weighed on profits even as demand for its pizza remains high.
Nvidia beats earnings expectations, but stock dips as CEO downplays crypto play
Nvidia stock has had a lot of momentum in recent months, with the stock rising over 106% in the past year.
How much pain is too much pain for the market?
At what point does higher Treasury yields start to weigh on risk sentiment in a more profound manner?
We’re starting to border into risk aversion territory ahead of US trading today, with US futures slumping to fresh lows on the day as yields continue to ramp higher.
We’re starting to border into risk aversion territory ahead of US trading today, with US futures slumping to fresh lows on the day as yields continue to ramp higher.
Nasdaq futures down 1% as yields continue to extend higher on the session
US 10-year yields up 9 bps to 1.465% currently
That is pushing Nasdaq futures to fresh lows on the day, down 1% as the rotation out of tech starts to border on the line of risk aversion flows in the market now. Dow futures have also turned flat with European indices falling into the red as
That is pushing Nasdaq futures to fresh lows on the day, down 1% as the rotation out of tech starts to border on the line of risk aversion flows in the market now. Dow futures have also turned flat with European indices falling into the red as
German 10-year bond yields climb to highest since March last year as the global steepening continues
10-year bund yields rise to -0.255%, the highest since March last year
As earlier, if it didn’t work with Lagarde, it isn’t going to work with Lane.
mentioned
As earlier, if it didn’t work with Lagarde, it isn’t going to work with Lane.
mentioned
Japan reportedly to end state of emergency in five prefectures at the end of the month
Kyodo News reports on the matter
This will apply to the prefectures of Osaka, Kyoto, Hyogo, Aichi, and Gifu – most of which were already anticipated since last week. Tokyo will likely have to wait until 7 March before its state of emergency is lifted but there’s still some debate on that before a formal decision
This will apply to the prefectures of Osaka, Kyoto, Hyogo, Aichi, and Gifu – most of which were already anticipated since last week. Tokyo will likely have to wait until 7 March before its state of emergency is lifted but there’s still some debate on that before a formal decision
ECB’s Lane: ECB is closely monitoring the evolution of long-term nominal bond yields
Remarks by ECB chief economist, Philip Lane
earlier in the week, it isn’t going to work here. As long as Treasuries continue to steepen, European bond yields will also face a similar phenomenon.
earlier in the week, it isn’t going to work here. As long as Treasuries continue to steepen, European bond yields will also face a similar phenomenon.