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Search resuls for: "Carolina Mandl Yohann M Cherian"


2 mentions found


☆ Wall Street rallies but trade choppy as investors digest Powell comments
  + stars: | 2023-02-07 | by ( Carolina Mandl Yohann M Cherian | Carolina Mandl | Yohann M Cherian | ) www.reuters.com   time to read: +5 min
His comments renewed investor hopes for less aggressive monetary policy that wavered after a strong U.S. jobs report last Friday. The tech-heavy Nasdaq (.IXIC) rallied on news form Microsoft Corp (MSFT.O), and the S&P 500 (.SPX) also got a boost. Most sectors on the S&P 500 ended higher. So far, more than half of the companies on the S&P 500 have reported quarterly earnings, with 69.1% of them beating expectations, according to Refinitiv. The S&P 500 posted 5 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 90 new highs and 31 new lows.
☆ Wall Street gains as investors digest Powell comments
  + stars: | 2023-02-07 | by ( Carolina Mandl Yohann M Cherian | Carolina Mandl | Yohann M Cherian | ) www.reuters.com   time to read: +3 min
His comments came after a strong jobs report last week stymied rising hopes of less aggressive monetary policy. The Nasdaq and the S&P 500 fluctuated during and after Powell's remarks. Boosting the tech-heavy Nasdaq (.IXIC) and the S&P 500 (.SPX) was Microsoft Corp (MSFT.O). Six of the top 11 sectors on the S&P 500 fell, but technology (.SPLRCT) was among top gainers, up 1.61%. So far, more than half of the companies on the S&P 500 have reported quarterly earnings, with 69.1% of them beating expectations, according to Refinitiv.
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