financetom
World
financetom
/
World
/
Stocks Gain Pre-Bell Ahead of Key Earnings; Asia Mixed, Europe Down
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stocks Gain Pre-Bell Ahead of Key Earnings; Asia Mixed, Europe Down
Jul 15, 2024 4:29 AM

07:03 AM EDT, 07/15/2024 (MT Newswires) -- US benchmark equity indexes were trending upwards before the opening bell Monday as traders await earnings from some major companies.

Standard & Poor's 500 gained 0.4%, while the Nasdaq and the Dow Jones Industrial Average rose 0.5% each in the premarket. Asian exchanges were mixed while European bourses were tracking in the red.

Goldman Sachs ( GS ) is scheduled to report second-quarter earnings before the bell. Later in the week, UnitedHealth ( UNH ) , Johnson & Johnson ( JNJ ) , Bank of America ( BAC ) , Morgan Stanley ( MS ) , Netflix ( NFLX ) , Abbott Laboratories ( ABT ) , American Express ( AXP ) , Schlumberger ( SLB ) and United Airlines (UAL) are some of the companies scheduled to release their financial results.

BlackRock ( BLK ) reported adjusted earnings of $10.36 per share for the second quarter before the bell, up from $9.28 a year earlier.

Investors will also be assessing what impact the recent assassination attempt on former President Donald Trump will have on the stock market, and whether it could lead to further gains in the polls for Trump and Republicans ahead of the November elections.

Trump Media & Technology ( DJT ) shares soared nearly 50% before the open. Apple ( AAPL ) increased 2.1% while Tesla (TSLA) spiked 4.5%.

Monday's thin economic calendar has the Empire State Manufacturing Index for July at 8:30 am ET. Federal Reserve Chair Jerome Powell is slated to speak at 12 pm, while San Francisco Fed President Mary Daly speaks at 4:35 pm.

Before the open, bitcoin jumped 4.7% to $62,800, West Texas Intermediate crude oil inched 0.1% higher to $82.30 a barrel, yields on 10-year Treasuries advanced 3.3 basis points to 4.22% and gold slipped 0.1% to $2,418 an ounce.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bitcoin surges to record high on Trump bets
Bitcoin surges to record high on Trump bets
Nov 10, 2024
SINGAPORE (Reuters) - Bitcoin soared to record high of over $81,000 on Monday as Donald Trump's victory in the U.S. presidential election along with pro-crypto candidates being voted to the Congress spurred expectations of a light-handed regulatory environment. Bitcoin, the world's biggest and best-known cryptocurrency, has more than doubled from the year's low of $38,505 it hit on Jan. 23....
Bitcoin surges to record high on Trump bets
Bitcoin surges to record high on Trump bets
Nov 10, 2024
SINGAPORE, Nov 11 (Reuters) - Bitcoin soared to record high of over $81,000 on Monday as Donald Trump's victory in the U.S. presidential election along with pro-crypto candidates being voted to the Congress spurred expectations of a light-handed regulatory environment. Bitcoin, the world's biggest and best-known cryptocurrency, has more than doubled from the year's low of $38,505 it hit on...
Asian stocks slide as China stimulus disappoints; bitcoin extends record rally
Asian stocks slide as China stimulus disappoints; bitcoin extends record rally
Nov 10, 2024
TOKYO (Reuters) - Hong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations, overshadowing Wall Street's record highs from Friday and futures pointing to further strength at the reopen. Bitcoin climbed to an all-time high as Donald Trump's victory in the U.S. presidential election along with pro-crypto candidates being voted to Congress...
GLOBAL MARKETS-Asian stocks slide as China stimulus disappoints; bitcoin extends record rally
GLOBAL MARKETS-Asian stocks slide as China stimulus disappoints; bitcoin extends record rally
Nov 10, 2024
* Hong Kong stocks fall 2.5% after Beijing's stimulus disappoints * Bitcoin hits all-time high amid expectations of light regulation under Trump * Dollar steady ahead of key U.S. inflation data and Fed speakers By Kevin Buckland TOKYO, Nov 11 (Reuters) - Hong Kong stocks led declines in Asia on Monday after Beijing's latest stimulus fell short of investor expectations,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved