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Wall Street advanced on Monday, building on last week's gains as signs of economic weakness suggested the effects of the Fed's aggressive policy aimed at cooling the economy, thereby curbing decades-high inflation, are beginning to be felt.

U.S. stock indexes climbed on Monday as shrinking business activity lifted hopes of a less aggressive approach by the Federal Reserve, even though the gains on the Nasdaq were capped by a slump in Tesla and some Chinese firms.

Amazon AMZN is scheduled to report third-quarter 2022 results on Oct 27.For the third quarter, Amazon expects net sales between $125 billion and $130 billion. Net sales are expected to grow 13-17% from the year-ago quarter’s reported figure.The Zacks Consensus Estimate fo

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $338.0 million dollar inflow -- that's a 0.6% increase week over

We have another big week in store for the major market indices, when the stocks formerly known as FANG (or at least some of them) report earnings results: Alphabet GOOGL on Tuesday, Meta META Wednesday and both Apple AAPL and Amazon AMZN Thursday. In economic data, home p

U.S. stock indexes were mixed in morning trading on Monday, with the tech-heavy Nasdaq hit by a slide in Tesla and other megacap stocks while signs of a cooling U.S. economy raised hopes that the Federal Reserve will eventually slow its pace of rate hikes.

U.S. shares were mixed on Monday as European markets were lifted by hopes that U.S. interest rates could rise more slowly than previously thought and the dollar weathered another suspected Japanese intervention to rise against the yen.

Monday, October 24, 2022We have another big week in store for the major market indices, when the stocks formerly known as FANG (or at least some of them) report earnings results: Alphabet GOOGL on Tuesday, Meta META Wednesday and both Apple (AAPL) and Amazon AMZN Thursday

Wall Street rebounded after San Francisco Federal Reserve President Mary Daly said that “the time is now to start planning for stepping down.” Though the Fed still has a lot of work to do to fight inflation, Daly’s dovish comments pushed stock markets higher in the wake of a better-than-feared Q3 earnings season. Investors shook off inflation worries and rising yields. Yet the benchmark 10-year Treasury yield topped 4.22% (+20 basis points), i.e. its highest level since June 2008.

Helped by strong profits from IBM (NYSE:IBM) and AT&T (NYSE:T), the Dow Jones Industrial Average gained 4.89% or 1,448 points, closing out its best week since June and bringing its year-to-date performance to -14.66%. The Nasdaq Composite jumped 5.22% (-30.59% year-to-date). The S&P 500 rose 4.74% (-21.26% for the year). The VIX index remained elevated, slightly below 30.

European stocks performed in unison. The MSCI EMU was up +2.46% (-21.08% YTD), while the FTSE 100 added +1.62% (-5.62% YTD). UK stocks were briefly pressured after Prime Minister Liz Truss’ resignation speech and six chaotic weeks into the job. On the flip side, Asian markets struggled to find their footing. Japan’s Nikkei slid 0.74% (-6.60% YTD) and the Shanghai Composite fell 1.08% (-16.51% YTD). President Xi Jinping has been confirmed to serve an unprecedented third term following the Chinese communist party’s week-long congress.

All S&P sectors are in positive territory   

For the fifth time this year, all the 11 S&P 500 sector indexes closed higher. Energy was the best performer (+8.08% week-over-week) and remains the only sector to deliver positive returns in 2022 (+57.86% year-to-date). Yet oil prices edged down (WTI crude oil fell $0.47 to $85.14 a barrel: -0.55% over the week) while natural gas prices were in freefall (-22.64%) but, in the meantime, oil and gas services gained momentum with Schlumberger stocks (NYSE:SLB) skyrocketing 19.57% after a better-than-expected earnings announcement. The company's quarterly revenue was up 27.9% compared to the same quarter last year.

Hopes that the Fed could slow the pace of rate hikes bolstered growth sectors despite surging yields. Information technology was the second winner of the week (+6.49%). Cloud computing, next generation internet, and cybersecurity were among the best themes to play. Consumer discretionary (+5.64%) was also under the spotlight with the e-commerce giant Amazon.com (NASDAQ:AMZN) up 11.62%. 

Defensive sectors lagged behind the broad market. Utilities, consumer staples and health care gained 1.95%, 2.16% and 2.29% respectively. 

For Immediate ReleaseChicago, IL – October 24, 2022 – Today, Zacks Equity Research discusses CVS Health CVS, Walgreens Boots Alliance WBA, Rite Aid RAD and Amazon's AMZN.

For Immediate ReleaseChicago, IL – October 24, 2022 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Alphabet GOOGL, Microsoft MSFT, Meta Platforms META, Apple AAPL and Amazon AMZN.

Apple AAPL is set to report fourth-quarter fiscal 2022 results on Oct 27.Apple expects year-over-year revenue growth to accelerate in the fiscal fourth quarter compared with the third quarter (the June-end quarter) despite approximately 600 basis points of unfavorable yea

U.S. stocks were set to open higher on Monday as Treasury yields eased on hopes of a less aggressive Federal Reserve, while investors braced for a busy week of earnings dominated by Big Tech companies.

Wall Street bounced back in a major way last week. The "three stocks to avoid" in my column last week that I thought were going to lose to the market -- Snap (NYSE: SNAP), Freeport-McMoran (NYSE: FCX), and Gold Fields (NYSE: GFI) -- plummeted 22%, soared 16%, and rose 6% fell, re

U.S. stock index futures reversed losses on Monday as Treasury yields eased on hopes of a less aggressive Federal Reserve, while investors braced for a busy week of earnings dominated by Big Tech companies.

The dollar weathered another suspected blast of Japanese intervention to rise against the yen on Monday, while European markets got a lift from hopes that U.S. interest rates could rise more slowly than previously thought.

The iShares MSCI ACWI Low Carbon Target ETF (CRBN) made its debut on 12/08/2014, and is a smart beta exchange traded fund that provides broad exposure to the World ETFs category of the market.

United Parcel Service investors want to see this week how the delivery giant is managing through the bursting e-commerce delivery bubble better than rival FedEx.

U.S. stock index futures fell on Monday, as worries about China's economy dented sentiment globally after sharp gains on Wall Street last week driven by better-than-expected earnings and hopes of a less aggressive Federal Reserve.

Regardless of how long you've been putting your money to work on Wall Street, it's been a rough year. All three of the major U.S. stock indexes have entered a bear market, with the widely followed S&P 500 producing its worst first-half return in 52 years. The icing on the cak