MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

MNI BRIEF: China Visitor Mobile Payments Surge in H1

Riksbank Shouldn’t Place Too Much Weight On The Q2 GDP Indicator

MNI: SWEDEN Q2 GDP +0% Y/Y

MNI: SWEDEN JUN RETAIL SALES -0.1% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Stocks Hit New Highs on Earnings

EQUITIES
  • The S&P 500 again hit all time highs Wednesday, showing briefly above the 4,150 mark for cash indices. In futures space, the Dow Jones outperformed while the tech-led NASDAQ sagged, the only major index to trade lower headed into the cash close.
  • Earnings were generally received favourably, with both Goldman Sachs and Wells Fargo trading with gains of as much as 5.5% following their respective reports.
  • This helped buoy the financials sector close to the top of the pile Wednesday, outstripped only by the energy sector, which surged on a long-awaited breakout in oil prices after a lengthy period of rangebound trade.
  • Earnings due Thursday include Bank of America, Blackrock, Citigroup and Charles Schwab, among others.
Homepagemarkets-real-timeEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.