Page 2 - Tim Ghriskey News Today

The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for this weeks consumer and producer price data, which they hope will provide a better idea of whether the Federal Reserve can begin cutting interest rates in the coming months.

U.S. stocks mostly edged lower on Monday with investors preparing for this weeks consumer and producer price data, which they hope could give them a better idea on whether the Federal Reserve can...

It is almost double Jan 1 forecast for 4.7% growth

This was after the Wall Street Journal reported Thursday that OpenAI Chief Executive Sam Altman was in talks with investors to raise funds for a tech initiative intended to boost chip-building capacity for power AI, among other things.

Bringing Taiwan to the World and the World to Taiwan

With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings growth is now seen at 9.0%, almost double a Jan. 1 forecast for 4.7% growth, according to LSEG data on Friday. ...

With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings growth is now seen at 9.0%, almost double a Jan. 1 forecast for 4.7% growth, according to LSEG data on Friday. "A lot of the surprises were in the earnings," rather than in revenues, said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. So far for the fourth quarter of 2023, 63.6% of reports are beating analyst revenue expectations, compared with an average of ...

S&P 500 vaulted past the 5,000 milestone for a second day and Nasdaq surpassed 16,000, with boosts from megacap stocks and chip companies, including Nvidia as investors bet on artificial intelligence...

NEW YORK, Jan 31 ― Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs yesterday after strong US labour market data again underscored...

NEW YORK :Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs on Tuesday after strong U.S. labor market data again underscored a resilient economy and raised questions about how soon the Federal Reserve will cut interest rates.Gold prices climbed to a two-week high on