S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
A strong earnings season looks likely to help restore market confidence - UBS
April 24, 2024 1:21 PM EDTThe current earnings season is shaping up to be a pivotal moment for market sentiment, according to analysts at UBS. Amidst a flurry of earnings releases, UBS remains optimistic about the potential of robust corporate performance to bolster investor faith in the markets.
This week marks a significant period, with approximately 180 companies from the S&P 500 set to disclose their results,... More
