Three more corporations reported their earnings today. While the US session is still closed, let's see the data - it's pretty strong!
Asian stocks mostly decline as North Korea nuclear test rattles
On Monday, Asian equities mostly drop, with Shanghai bucking the trend following a weekend nuclear weapons test by North Korea that this isolated country claimed was a hydrogen bomb potentially capable of fitting onto an ICBM.
The Nikkei 225 sank 1%, South Korea's Kospi tumbled 0.83% because risk trade worries remained for both financial markets. As for the S&P/ASX 200, this benchmark dived 0.54%.
Meanwhile, in China, the Shanghai Composite grew 0.14%, while the Hang Seng index dived 0.50% in Hong Kong.
The previous week, American equities concluded higher because a weaker-than-expected jobs report on Friday was unable to tame investor rate-hike expectations in the wake of fresh data disclosing that the American economy was still on track for solid ascend in the third quarter.
American equities made an upbeat start to September because traders digested over several economic reports such as a nonfarm payrolls report unveiling that in August the American economy generated fewer jobs than expected.
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
Nike has dropped to lows unseen since November of 2020 as it faces a boycott in China over Xinjiang's cotton issues.
In this article, you'll find the list of the hottest stocks to trade on April 19-23, which will publish their earnings!
While Citigroup reports better-than-expected quarterly data, it is also aims at restructuring its global presence. What will be the impact?
What's moving markets on Friday? What is the hottest news? Let's find out!