S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
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- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
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- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
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- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
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- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
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
