Russell 2000 (^RUT)
| Previous Close | 2,184.35 |
| Open | 2,191.23 |
| Volume |
| Day's Range | 2,176.48 - 2,202.95 |
| 52 Week Range | 1,633.67 - 2,278.13 |
| Avg. Volume | 3,848,844,754 |
- Yahoo Finance Video
What markets want to see out of Q2 earnings growth
Second quarter earnings from major companies are continuing to pile in this week, from Alphabet (GOOG, GOOGL) and Tesla (TSLA) to UPS (UPS), as investors watch closely to gain insight into potential market moves. With uncertainty around the elections and the market pricing in an interest rate cut from the Federal Reserve, what should investors look out for from these earnings and where to expect growth? J.P. Morgan Private Bank US Equity Strategist Abby Yoder joins Morning Brief to give insight into earnings season forecasts and their potential impact on the broader market (^DJI, ^IXIC, ^GSPC). Yoder explains the current market trends are and what market want to see out of earnings results: "I think the consumer is slowing, right? And I think what we saw through retail sales was that it's slowing, but it's still healthy. Like we're starting to see 2Q GDP expectations revised higher above that 2% let's call it trend growth rate. And I think what we need right now is not necessarily from all of these names to beat and raise — we need them to beat and at least maintain." She follows that up with: "Right now earnings growth expectations for the market are around 9, 9.5%. We would imagine you start to see... a beat rate of around 5 to 7% for the market, getting you to around 10 to 11% earnings growth for the quarter." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Stocks open week higher after Biden's 2024 election drop out
US equities (^DJI, ^IXIC, ^GSPC) open Monday's trading in positive territory after this past weekend's news that President Biden will be dropping out of the 2024 presidential election and endorsed Vice President Kamala Harris as the Democratic nominee. Seana Smith, Madison Mills, and Jared Blikre take a peak at the major market averages and sector gains after this morning's opening bell. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
BloombergTech Storms Back After Rout With Earnings in Focus: Markets Wrap
(Bloomberg) -- Stocks rebounded after their worst week since April as investors looked beyond Joe Biden ending his reelection campaign to focus on the start of the tech earnings season.Most Read from BloombergJoe Biden Bows to Democrats Who Wanted Him Out, Upending US PoliticsBiden Exit Puts Trump Trade in Doubt as Election Gets Re-SetBiden Exits Race, Endorses Harris as She Shores Up SupportHarris Wins Soros Backing While Other Billionaire Donors Want an Open ContestA Brief History of Kamala Ha
