{"id":1975546,"date":"2023-07-17T19:19:02","date_gmt":"2023-07-17T23:19:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wall-st-ends-higher-with-earnings-poised-to-ramp-up\/"},"modified":"2023-07-17T19:21:55","modified_gmt":"2023-07-17T23:21:55","slug":"wall-st-ends-higher-with-earnings-poised-to-ramp-up","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wall-st-ends-higher-with-earnings-poised-to-ramp-up\/","title":{"rendered":"Wall Street finishes higher as earnings set to rise."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwall-st-ends-higher-with-earnings-poised-to-ramp-up%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1975546&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div \u200cclass=\"entry-content\">\u200d \t\t\t\t\t\t\t<\/p>\n<p><strong>U.S.\u200d Stocks\u2064 End\u2064 Higher \u200cas Earnings Season \u2064Gathers\u2064 Speed<\/strong><\/p>\n<p>By \u200cChuck Mikolajczak<\/p>\n<p>NEW\u2063 YORK\u2064 (Reuters) \u2063\u2013 U.S. \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/130-billion-wiped-off-crypto-markets-as-investors-weigh-risk-of-war-in-ukraine-interest-rates\/\" title=\"0 Billion Wiped Off Crypto Markets As Investors Weigh Risk Of War In Ukraine, Interest Rates\">stocks ended higher<\/a> \u2062to kick \u200boff the \u200btrading week\u2062 on \u200dMonday,\u2064 buoyed\u200d by \u2064gains \u200din financial and \u2063technology\u2064 shares as \u2062investors awaited\u200c the next round of quarterly\u2063 results this week \u200bas earnings season\u200b gathers \u200bspeed.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" \u2063style=\"min-width: 320px; min-height: \u206450px;  \u2063text-align: \u2063center;\">\u200d  \t<script>  \u2062\t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); \u200c});\u2064  \t<\/script>\u200b  <\/div>\n<p>  \u200b<\/p>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<p>\u2062 \u2063 <\/p>\n<p> \u200c\u2063 \u200c <\/p>\n<p><strong>Companies\u200d scheduled to report earnings this week\u200b include\u200b Tesla and Netflix, \u2063while\u200b more big \u2063banks\u200d in the form\u200d of\u2063 Bank \u200bof America, Morgan \u2063Stanley and Goldman Sachs are also \u200don\u2062 the \u2064docket \u2063to post results,\u200c following\u200d reports\u200d from \u200dpeers \u200dsuch as\u200c JP\u2064 Morgan \u200cand Citigroup \u200clast week.<\/strong><\/p>\n<p>\u200c <\/p>\n<p>Investors\u2064 will\u200c be paying attention\u2063 to \u2064company outlooks, with earnings\u200d for the quarter \u2062expected to \u2064decline\u2063 8.1%, according \u200cto Refinitiv\u2062 data, a bigger decline\u2064 than\u200b the 5.7% fall \u2062expected at\u2062 the\u2063 start of the\u200b month.<\/p>\n<p>\u201cObviously, we\u2064 are\u200d about to\u2063 get\u2064 all these (earnings) reports \u2062but it feels to me\u200b earnings \u200dare going \u2064to \u200dbe\u200c good \u200band\u2063 at\u2062 the\u200b end of the\u200c day, how do you \u200bvalue \u200bstocks \u2062\u2013 \u200cbased \u200con the earnings\u2063 and dividends,\u201d \u200dsaid Stephen Massocca,\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-confirms-kathleen-hicks-as-deputy-defense-secretary\/\" title=\"Senate Confirms Kathleen Hicks as Deputy Defense Secretary\">senior vice president<\/a> at Wedbush Securities in \u2064San Francisco.<\/p>\n<p>\u201cBy and \u2063large, the market\u2062 in its totality\u2064 continues to\u200c be reasonably priced\u200d if \u200dnot\u2062 kind of\u200c cheap.\u2063 My bigger\u200b concern going\u2064 forward\u2062 is the\u2064 Fed\u2063 is \u2063going to\u200d start \u2064doing things it doesn\u2019t need to do\u200d to\u2062 win the inflation battle but\u2064 will\u2063 ultimately now really start to \u2064hurt the\u2063 economy.\u201d\u2062  <\/p>\n<p> \u2063<\/p>\n<p>Equities \u2062have rallied \u2062recently, with \u2062the S&#038;P 500 and \u200cNasdaq \u200cclimbing\u200b to 15-month highs as \u200deconomic \u200ddata has\u200c pointed\u2064 to\u2063 a\u200d resilient economy, with inflation \u2063cooling and a solid\u2063 labor\u2063 market. \u2062<\/p>\n<p>\u2064 <\/p>\n<p>Markets have \u200blargely\u2063 priced in\u200d a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fed-on-track-for-rate-hike-downshift\/\" title=\"Fed on Track for Rate-Hike Downshift\">25-basis-point rate hike<\/a> by the Federal Reserve\u200c at its policy \u200cmeeting next \u200dweek,\u200c with expectations\u2063 at\u2063 97.3%, \u200caccording\u200b to \u2063CME\u2019s\u200c FedWatch Tool. <\/p>\n<p> \u2063<\/p>\n<p>The \u200dDow Jones\u200d Industrial \u2062Average rose\u200b 76.32 points, \u2062or 0.22%, to 34,585.35, \u2062the\u200d S&#038;P 500 \u2062gained 17.37 points, \u200cor 0.39%, \u2063to\u2063 4,522.79\u2062 and the \u200cNasdaq \u2064Composite\u200b added 131.25\u200b points, or 0.93%, \u2063to 14,244.95.<\/p>\n<p> \u2062<\/p>\n<p>The \u2063S&#038;P\u200c and Nasdaq have advanced in five of\u200d the past \u2063six sessions.<\/p>\n<p>\u200b <\/p>\n<p>Tesla \u200bgained\u2062 3.20%\u2063 after \u2064the\u200d company said on\u2063 Saturday it \u200dhad\u2064 built\u2064 its first\u200c Cybertruck, after two years \u2062of delays.<\/p>\n<p>\u200b <\/p>\n<p>In \u200bcontrast, Ford\u2064 Motor\u2062 tumbled\u200b 5.94%\u200d after \u2064the \u200bautomaker cut the price of its F-150 Lightning trucks, \u2062the latest salvo\u200c in \u200ca deepening \u2063price war\u200b among \u200celectric \u2064vehicle\u200b makers. Peer\u2064 General Motors shed 3.13%\u200d and Rivian\u200b lost 3.34%. \u2063<\/p>\n<p>Apple advanced\u2062 1.73% \u200dafter \u2062Morgan\u200c Stanley raised \u2062its target\u2064 price \u200bon the \u2062iPhone\u200b maker to $220 \u200cfrom \u2062$190, citing\u200b a \u2063bullish \u200boutlook\u200d on India as an emerging growth driver \u2063for the company.<\/p>\n<p>Bank\u200c shares\u200b recovered\u2064 from \u200cFriday\u2019s\u200d losses, \u200bwith the S&#038;P 500 \u2064bank\u2062 index up \u20641.76% and the KBW \u200bregional bank index advancing 1.99%.<\/p>\n<p>\u200c <\/p>\n<p>Activision Blizzard rose 3.49% after Microsoft said\u200d it\u200b has \u200bsigned an \u2062agreement to keep \u201cCall of \u200bDuty\u201d on PlayStation following its\u200b acquisition.<\/p>\n<p>In\u2062 addition, Microsoft\u2064 was \u2063granted \u200ba two-month \u2063pause of \u200dits\u200b appeal\u200c over\u2062 Britain\u2019s \u200dblock \u2062against the deal to give \u200dthe parties more \u2063time\u200c to reach\u200d an agreement.<\/p>\n<p>\u2063 <\/p>\n<p>AT&#038;T slumped 6.69% to a \u206330-year\u200d low\u200d after\u2064 Citi\u2064 downgraded the \u200ctelecom operator over\u2063 risks tied \u200cto <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wall-st-ends-higher-with-earnings-poised-to-ramp-up\/\" title=\"Wall Street finishes higher as earnings set to rise.\">lead cables \u200dleft buried<\/a>\u200d in\u2062 the United States.\u200b Verizon shares\u200c dropped 7.50%, hitting \u2062their \u200clowest intraday level\u2062 in nearly 13\u2063 years. \u2063<\/p>\n<p>Advancing\u2062 issues outnumbered\u2062 declining ones \u200don the NYSE by\u2062 a 1.42-to-1\u2064 ratio; on Nasdaq,\u200d a 1.75-to-1\u200c ratio\u2062 favored \u2064advancers.<\/p>\n<p>The S&#038;P \u2062500 posted \u206360\u2062 new\u200b 52-week highs \u200cand 4\u2063 new \u200clows;\u200b the Nasdaq\u200b Composite \u2063recorded \u2063150 new \u2064highs\u200b and \u200b77\u200b new \u2064lows. <\/p>\n<p>\u200c <\/p>\n<p>Volume \u2062on U.S. exchanges\u200b was\u200b 9.54 billion \u2064shares, compared with \u2062the 10.92\u2064 billion\u2063 average for\u200c the\u2062 full session over the last 20\u200b trading days.<\/p>\n<\/p>\n<p> \u2064(Reporting by \u2064Chuck\u200d Mikolajczak in\u2062 New\u2063 York; \u200dEditing by Matthew \u200cLewis)<\/p>\n<p><a \u2062href=\"https:\/\/www.oann.com\/business\/futures-lackluster-as-investors\/attachment\/file-photo-traders-work-on-the-floor-of-the-nyse-16\/\"><\/a><\/p>\n<p>  \u2062\t\t\t \t\t\t\t\t<\/p><\/div>\n<div\u200d class=\"entry-content\">\n<p><strong>One America\u2019s Jessamyn Dodd sits down with \u200dauthor and doctor\u2063 Miriam\u2064 Grossman\u200d to \u200cdiscuss \u200dher book \u2062\u2018Lost In \u2063Trans\u2062 Nation.\u2019<\/strong><\/p>\n<p>\u2063 \t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\"> \u200b \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><strong>Missouri\u2063 Senator Eric Schmitt tells One America \u2064News a federal judge\u2019s ruling in\u2062 the \u200dlawsuit he brought against the\u2062 Biden \u200bAdministration when \u2063he was attorney \u2063general is\u00a0 \u201ca \u2064big win\u2063 for free speech\u200c and\u2062 a\u200d blow\u200b to the Biden\u2063 censorship regime.\u201d<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\u2064  \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><strong>In the\u200d final\u200d part\u2063 of\u200c an\u2063 exclusive \u2064interview, Senator Rand\u2064 Paul \u2064tells \u2063One\u2062 America News more evidence\u200d is emerging \u2064that Doctors \u2064Fauci\u2064 and\u200b Collins are not \u200balone in \u2062their\u2062 promotion \u2064of gain of\u200b function research.<\/strong><\/p>\n<p> \u2062\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div\u200d class=\"entry-content\"> \u200b \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><strong>45th President \u2062Donald \u2064Trump receives\u200c a\u200c major endorsement in \u2064Ron DeSantis\u2019s \u200bbackyard<\/strong><\/p>\n<p>\u2064 \t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div \u200cclass=\"entry-content\">\n<p><strong>Salesforce appointed Wachtell, Lipton\u2019s Sabastian Niles \u200das its chief\u200d legal\u200c officer on Monday, \u200cmonths after the\u200d leading activist lawyer helped\u2026<\/strong><\/p>\n<p> \u200b\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div \u2063class=\"entry-content\"> \u200b \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><strong>A group of individual\u2064 plaintiffs \u200con Monday asked the \u200dU.S. Supreme\u2062 Court\u2064 to \u200dtemporarily halt\u2062 Microsoft\u2019s\u2026<\/strong><\/p>\n<\/p><\/div>\n<div \u2062class=\"entry-content\"> \u200d\u200c \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><strong>Ford deepened a price war \u2062in \u200dthe electric-vehicle\u200b industry\u2064 on\u2064 Monday\u200c by slashing the \u200cprices \u2064of its \u200bF-150\u2026<\/strong><\/p>\n<\/p><\/div>\n<div \u2062class=\"entry-content\">\n<p><strong>The\u2064 United Nations Security Council\u200b will \u2063hold \u200bits \u200dfirst \u200cformal\u2062 discussion on artificial \u2062intelligence (AI)\u2062 this \u200dweek in New\u2026<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stocks closed higher on Monday, boosted by financial and technology sectors. Investors eagerly anticipate this week&#8217;s earnings reports from companies like Tesla and Netflix as the earnings season gains momentum.<\/p>\n","protected":false},"author":66,"featured_media":1975547,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1975546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1975546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1975546"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1975546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1975547"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1975546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1975546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1975546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}