Categories: world

American stocks are resuming before major internet revenue; crude oil stop

US. shares fell Monday morning as investors face a big week for quarterly results and company data from companies, after a longer holiday. A jump in the crude oil price that the US said it would cease except for countries that import Iranian raw materials was also on the investor's radar. How are the indexes going? Dow Jones Industrial Average DJIA, -0.20% fell 72 points, or 0.3% to 26,492, while the S & P 500 index SPX, -0.04% slipped 5 points, or 0.2%, to 2900. Nasdaq Composite Index COMP, -0.04% fell 21 points, or 0.3% to 7.976. Last week, the stocks ended most of the week. S & P 500 throw about 0.1% but Dow climbed 0.6% and Nasdaq got 0.2%. What drives the market? U.S. The markets were closed according to Good Friday, and most European stock markets will be closed for Easter Monday. Some 150 S & P 500 companies are due to report this week, with Kleenex parent Kimberly-Clark Corp . KMB, + 6.34% started things yesterday Monday morning by reporting the results for the first quarter and sales that fell less than expected. The share's 4.6% increase was in excess of the rest of the S & P 500. Meanwhile, weighing at Dow was shares of Boeing Co. BA, -0.51% after salmon security fees linked to the manufacture of the aircraft manufacturer's 787 Dreamliner, according to an article in the New York Times on Saturday. The report comes in the wake of the 737 Max rays,…

US. shares fell Monday morning as investors face a big week for quarterly results and company data from companies, after a longer holiday. A jump in the crude oil price that the US said it would cease except for countries that import Iranian raw materials was also on the investor’s radar.

How are the indexes going?

Dow Jones Industrial Average

DJIA, -0.20%

fell 72 points, or 0.3% to 26,492, while the S & P 500 index

SPX, -0.04%

slipped 5 points, or 0.2%, to 2900. Nasdaq Composite Index

COMP, -0.04%

fell 21 points, or 0.3% to 7.976.

Last week, the stocks ended most of the week. S & P 500 throw about 0.1% but Dow climbed 0.6% and Nasdaq got 0.2%.

What drives the market?

U.S. The markets were closed according to Good Friday, and most European stock markets will be closed for Easter Monday.

Some 150 S & P 500 companies are due to report this week, with Kleenex parent Kimberly-Clark Corp .

KMB, + 6.34%

started things yesterday Monday morning by reporting the results for the first quarter and sales that fell less than expected. The share’s 4.6% increase was in excess of the rest of the S & P 500. Meanwhile, weighing at Dow was shares of Boeing Co.

BA, -0.51%

after salmon security fees linked to the manufacture of the aircraft manufacturer’s 787 Dreamliner, according to an article in the New York Times on Saturday. The report comes in the wake of the 737 Max rays, already in the spotlight after two deadly crashes.

Among the big names reporting for the rest of the week, Coca-Cola Co.

KO, + 0.03%

Twitter Inc.

TWTR, ] -0.71%

Facebook Inc.

FB, + 0.82%

Amazon.com Inc.

AMZN, + 0.35%

Microsoft Corp. .

MSFT, + 0.08%

Starbucks Corp.

SBUX, -0.49%

and Ford Motor Co.

F, -0.68%

is also due to report quarterly results this week.

So far, investors have seen results for the first quarter from 15% of the S&P 500 companies and 78% of the reported better than expected results, better than the five-year average, according to FactSet. However, it is potentially to weigh on investors’ feelings that only 53% of companies have reported sales over estimates, below the average of five years.

Losses on equity outcomes were in contrast to climbing oil prices. West Texas Intermediate Crude Futures

CLK9, + 2.42%

jumped $ 1.51 or 2.4% to $ 65.51 per barrel, while Brent raw futures

LCOM9, + 2.64%

increased $ 1.81 or 2.5% to $ 73.79 per barrel. Profits came after reports that the United States will cease to grant exemptions for countries to import Iranian oil, with an announcement possibly as soon as Monday.

At the same time, investors hoping that the Chinese government would maintain aggressive stimuli that helped it cope with growth expectations in the quarter were disappointing, following a weekend report in the South China Morning Post claiming that “senior communist leaders” are happy with the actions taken so far to “save the country’s economy from a hard landing” and will now focus on structural reforms rather than more stimulus, news that can weigh on global stocks, analysts say.

What data is the focus?

The Chicago Fed National Activity Index rose to 0.15 March from a negative 0.31 in February. A zero value indicates that the national economy is growing at a trend rate while negative values ​​indicate underdevelopment and positive readings over trend.

A report on existing home sales for March is calculated at 10 am on Eastern Time. [19659002] What do analysts say?

“With the S&P 500 forward PE ratio (price-to-profit) close to high 16.8 and the index 1.2% below its historical record, investors need convincing results to continue buying stocks at their current levels” , says Hussein Sayed, marketing manager at FXTM, in a note to customers.

“The Federal Reserve has limits on what it can do to tighten monetary policy, and the solution cannot happen if we do not see serious signs of reduced inflation, which is not the case at present. may lead to a sharp correction of stock prices, says Sayed.

Which stocks are in focus?

Halliburton Co.

HAL, -1.00%

shares were in focus after the company reported earnings and revenue reductions that were better than Wall Street had expected, the stock increased 2.1% at the beginning of Monday.

Shares of Tesla Inc.

TSLA, -3, 75%

fell 2% Monday The electric car company investigates a video from Shanghai that turned out to show a parked Tesla auto-captured fire.

Tesla will hold an autonomy day on Monday, where the electric car manufacturer is expected to reveal the company’s latest ventures It comes just two days before earnings for the first quarter, which is expected to show a loss due to slow sales of its vehicles.

Tesla Revenue: The big question is how big the quarterly loss is

Shares of KeyW Holding Corp .

KEYW, + 42.56%

gathered 42.8% early Monday after the engineering and technology company announced a deal acquired by Jacobs Engineering Group Inc .

JEC, + 0.43%

in an agreement valued at $ 815 million, including $ 272 million in debt.

Bed Bath & Beyond Inc .

BBBY, -2.70%

the stock was in focus Monday after the retailer announced that it would shake up the board’s composition in response to the shareholder’s pressure. The shares fell 0.1% Monday morning.

How do other markets deal?

Shanghai Composite

SHCOMP, -1.70%

fell 1.7% and CSI 300 Index

000300, -2.31%

fell 2.3% in Asian trade while major European stock markets remained closed for a longer Easter break.

Guldpries

GCM9, + 0.06%

increased 0.2% to $ 1,278, while ICE Dollar Index

DXY, -0.05%

fell on their peers.

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