Abbot Labs and Biogen Outshine Novavax in the Health Care Sector
Just before Tuesday’s close, Netflix (NASDAQ: NFLX) reported better-than-expected earnings by adding 4.4 million subscribers in the third quarter.
Jim Cramer Discusses Impact Of Rising Oil Prices On The Stock Market
On CNBC’s "Mad Money," Jim Cramer said the sharp rise in crude oil prices is expected to unsettle the equity market.
Lower Than Expected Housing Starts and Building Permits Could Be Problems for Homebuilders
Investors have another group of earnings to consider on Tuesday. This week a slew of companies are slated to report earnings including 77 of the 500 stocks that make up the S&P 500. Investors will be looking for signs of supply chain relief and bottlenecks.
‘Significant pushback by GOP members of the @SECGov resulted in a significant watering down of the report which @GaryGensler initially wanted to use to impose restrictions on payment for order flow and possibly market structure changes’ -Tweet
https://twitter.com/CGasparino/status/1450180173148475397
Earnings Season Continues with State Street, Albertsons, and Sandvik Announcing on Monday Morning
Stocks appear to be pausing as rates start to rise. Before the U.S. markets opened, short-term U.S. Treasury yields were rising. The five-year yields rose to their highest levels in 20 months per Reuters.
Reuters Reported Saturday Major Chinese Energy Companies are in Advanced Talks With U.S. Exporters to Secure Long-term Liquefied Natural Gas Supplies
https://www.reuters.com/business/energy/exclusive-china-looks-lock-us-lng-energy-crunch-raises-concerns-sources-2021-10-15/
Health Care Sector Appears to Be a Drag on Positive UnitedHealth Earnings
Stock futures were pointing to a higher open even before Goldman Sachs (NYSE: GS) reported better than expected earnings.