Wall Street week ahead: Investors to focus on earnings of megacaps, economic reports

On the Wall Street in the week ahead, investors will focus  on earnings reports of megacaps such as  Microsoft, Morgan Stanley, Bank of America, IBM, Tesla and Netflix. Investors will also watch for economic reports including the Empire Manufacturing data, the June retail sales report and home sales report. NextRead More →

Global markets update: US stocks gain after slowdown in inflation, Nasdaq rallies 1.16%

US stocks gained on Wednesday with Nasdaq rallying over 1% after data showed a slowdown in inflation. The inflation data bolstered hopes that the Federal Reserve could end its interest rate hikes soon.  The S&P 500 gained 33.40 points, or 0.75%, at 4,472.66 points. The Nasdaq Composite climbed 160.30 points, orRead More →

Global markets update: European stocks gain, led by real estate and healthcare

European stocks gained on Tuesday, led by real estate and healthcare shares. The pan-European STOXX 600 index inched 0.1% higher at the close. Britain’s FTSE 100 fell 0.1% at 7,519.72 points. France’s CAC 40 dropped 0.2% at 7,369.93. Germany’s DAX fell 0.3% at 16,039.17. Among sectors, real estate stocks increased 2.7% and healthcare stocksRead More →