Categories Analysis, U.S. Markets News
US pre-market news: Dow Jones, NASDAQ, S&P updates for Apr. 14, 2021
US stocks are expected to move up on Wednesday, with investors cautious as the earnings season starts. First-quarter earnings for S&P 500 companies are estimated to have risen 25% in the quarter, according to Refinitiv IBES data, which would be the biggest quarterly gain since 2018. Separately, a variety of Fed speakers due to discuss the economic outlook on Wednesday, including Chairman Jerome Powell.
Most Popular
United Parcel Service (UPS) seems on track to regain lost strength
Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic
IPO Alert: What to look for when Boundless Bio goes public
Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.
Nike (NKE) bets on innovation and partnerships to return to high growth
Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company