EghtesadOnline: U.S. stocks stumbled into the weekend, as renewed selling in technology shares overshadowed what has so far been a solid earnings season. Inflation concerns sent the dollar higher and Treasury yields topped 2.95 percent.
EghtesadOnline: U.S. stock futures rose, extending gains a third day as investors took heart from a solid start to the earnings season and signs of improving relations between America and North Korea. The pound slumped on disappointing inflation data.
EghtesadOnline: Buckle up: commodities are gyrating as equity market turmoil sends ripples through everything from crude to copper. So far on Monday we’re in the green, but there’s much to look out for. Earnings season is going full tilt, and it’ll be dominated this week by gold miners including Barrick Gold Corp. just as bullion’s role as a haven comes in for scrutiny. There’s also a report from Bunge Ltd., the trading giant coveted by Archer-Daniels-Midland Co.
EghtesadOnline: Overseas demand is driving the best earnings season for U.S. companies in 13 years, with top executives from Dow Chemical Co. to Morgan Stanley citing rising foreign sales, a dynamic that should help propel gains in the second half.
EghtesadOnline: The annual earnings season for Iran’s exchange-listed companies ended on Thursday, while 10 major commercial lenders’ shares remained closed for trading, as they failed to hold their general meetings on time.