Latest News

Stock futures fall after weak retail earnings affirm inflation fears

0

Reuters

Two major banks expect more pain for U.S. equities

Two major banks expect more pain for the U.S. stock markets after benchmark indexes posted on Wednesday their worst one-day losses in two years. In a report published on Thursday, Barclays strategists said margins for U.S. companies and their forward earnings were under pressure due to a combination of factors, ranging from severity of China’s COVID lockdowns to the war in Ukraine and the U.S. Federal Reserve’s hawkish stance. “Given the numerous negative near-term catalysts for the SPX we believe that the risks remain firmly stacked to the downside,” they said in a note, referring to the S&P 500.

Five Stocks Actually Rose As The Remaining S&P 500 Melted Down

Previous article

The S&P 500 Is Near a Bear Market. History Says It’s Not Done Falling.

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News