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Stock Traders' Optimism Builds Ahead of Big Week: Markets Wrap.

Authors :
van Vuuren, Andre Janse
Ponthus, Julien
Source :
Bloomberg.com; 7/29/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

US stock futures are rising, reflecting increased optimism among traders ahead of major central bank decisions and earnings reports from big tech companies. The Nasdaq 100 and S&P 500 indexes are expected to continue their rebound after a slump last week. Investors will be closely watching monetary policy decisions in the US, Japan, and the UK, as well as earnings reports from Apple, Amazon, and Microsoft. Other factors impacting the market include declining quarterly sales for McDonald's, a rally in cryptocurrency-linked stocks following comments from Donald Trump, and legal issues for Abbott Laboratories and Heineken. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178686396