NASDAQ Financial News

Investing.com — The S&P 500 jumped Tuesday as investors cheered better-than-expected quarterly results from a slew of major corporations including Wall Street banks.

The Federal Reserve is gearing ready for another meeting next week, and it's highly likely that they will raise interest rates by 25 basis points. Lately, the inflation data has been quite positive, showing faster-than-expected declines.

(Reuters) — The benchmark S&P 500 edged lower on Tuesday as investors digested earnings reports from top lenders Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC), after the markets rallied last week in anticipation of the results and signs of inflation cooling.

Investing.com — U.S. stocks are mixed as investors took in earnings reports from Bank of America, Morgan Stanley , and other big financial firms.

The United States’ Securities and Exchange Commission (SEC) has accepted Valkyrie’s Bitcoin (BTC) exchange-traded fund (ETF) proposal for official review.

The US Securities and Exchange Commission (SEC) has accepted the second spot Bitcoin (BTC) exchange-traded fund (ETF) application for review, in a span of one week.

Investing.com — U.S. stock futures traded largely unchanged Tuesday, pausing for breath after more gains during the prior session ahead of a deluge of fresh corporate earnings.

earnings. Banking stocks will be in focus throughout the week with some heavyweights set to report their results during the week. On the global front, investors will keep an eye on the release of US macro data. Option data suggests a shift trading range in between 19400 to 20000 zones while an immediate trading range in between 19550 to 19900 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 5.5 points, or 0.03 per cent, lower at 19,774, signaling that Dalal Street was headed for muted start on Tuesday.

«And given the stock price has come down today by, I think, about 7% or 8%, there is only some open offer arbitrage that seems to be on the table,» says Deepak Shenoy, Founder, Capital Mind.You have got a chance to look at this one, Route Mobile.We are looking, to be honest, we do not know for sure if this is our full understanding yet. I think more will come after the call. The parent company is owned by, I think, the Belgian government.

Wall Street is closing higher ahead of a week full of updates about where profits for U.S. companies are heading

A surge of profits at some of the nation’s largest banks might make people forget that there was a banking crisis earlier this year. But just offstage, reminders are lurking—and they might grab the spotlight as regional banks begin to report this week. JPMorgan Chase and Wells Fargo on Friday reported year-over-year net income growth of 67% and 57%, respectively.

Cathie Wood, one of America’s most experienced investors, has seen outflows for her ARK suite of exchange-traded fund in recent months, despite rallies for flagship funds.

Luxury and commodity stocks drove European stocks to their first decline in seven days on concerns about China’s sluggish economy. Investors prepared for the latest batch of earnings that’s handed Wall Street banks some of their best results even as other industries are poised to slump.

S&P 500 hit fresh 15-month highs last week before the bulls managed to secure the first close above the 4,500 mark for the first time since March 2022. The index rose 2.4% as Big Tech stocks continue to lead the way higher.

A look at the day ahead in European and global markets from Wayne Cole

inflation, which raised hopes that Fed would end its rate hike cycle. Going ahead, stock specific action will continue with first quarter earnings underway. All eyes will be on HDFC Bank, which will report its results today, a first after the merger. Banking stocks will be in focus as major private lenders including ICICI Bank, YES Bank, Kotak Bank will announce their earnings later in the week. «Expectation of good quarterly results, consistent FIIs buying interest and good progress on the monsoon front would keep the overall trend of the market positive,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 20 points, or 0.10 per cent, higher at 19,639, signaling that Dalal Street was headed for muted start on Monday.

By Wayne Cole

Investing.com — U.S. stock futures were trading in a tight range during Sunday's evening deals, with major benchmark indices surging in the previous week as market participants look ahead to corporate earnings from major tech companies.

Stocks on Wall Street ended mostly lower on Friday, as investors continued to assess the outlook for the economy, inflation, interest rates and corporate earnings.

PlayUp, a fantasy sports gambling outfit once backed by the family of former prime minister Malcolm Turnbull, is searching for investors to back a $10 million capital raise after a failed effort to list in the United States.

The technology-heavy Nasdaq 100 has been the top performer of the major U.S. indices by a wide margin thus far in 2023, soaring 42.3% year-to-date to reach its highest level since April 2022.