Breaking News         Latest US News              New York News              Fx Tribune

How to optimise the costs of your business
With all the major US companies have already reported their earnings for the second quarter of 2018

The US Stock Market after the Earnings Season

With all the major US companies have already reported their earnings for the second quarter of 2018

The US Stock Market after the Earnings Season

With all the major US companies have already reported their earnings for the second quarter of 2018, the market participants had already begun to ask what might drive the prices in the next 2-3 months.

Notable events from the earnings season

Obviously, we’ve had some good and bad news as well. The most important thing to mention is that Apple became the first US company to reach $1 trillion in market valuation, a record milestone praised by all its major investors, including Warren Buffett. Apple continues to be a successful business model, a fact proved by the financial report published by the company.

Probably one of the worst news of the earnings season came from Facebook, which had seen its shares dipping by more than 20% after its release of the report. After the Cambridge Analytica scandal, the company had seen a decreasing number of users and various accusations regarding the way it collects and uses personal data.

According to the report, Facebook expects regulatory measures to weight on the company’s activity in the next few years and also returns will also go on a downward path.

Techs had been in the center of attention, with Amazon continuing its ascension, despite reticence from various analysts. The company continues to perform better than expected and the share price had risen since it had reported the second quarter earnings, approaching the 2,000 US dollars per share milestone.

What might happen next?

People who trade shares are now eager to find out what could influence the prices over the near term. Probably the main thing to watch will be the trade war between the United States and China. Currently, the news is suggesting that both parties want to find a mutual agreement, with a summit rumored to take place in November this year.

Uncertainty is expected to be at high levels since the US President Donald Trump looks determined to bring down the commercial deficit with China. Also, China does not want to make concessions, which is why it had a tit-for-tat approach thus far, implementing retaliatory measures against the United States.

The outcome of this situation will most likely determine how the US stock market will perform. Thus far, only Chinese stocks had been heavily under pressure, losing around 20% in 2018. A full-scale trade war will hurt the already-fragile global economic recovery and dampen the prospects of future growth.

Publish Date : 06 Eylül 2018 Perşembe 19:01

Breaking News Headlines

Agrolimen transfer from Sant Joan Despí to Huesca factory broths and soups Gallina Blanca
Agrolimen transfer from Sant Joan Despí to Huesca factory broths and soups Gallina Blanca
Trump and Xi are given a truce in their war commercial
Trump and Xi are given a truce in their war commercial
The gender gap in health, a hole of almost 9,000 million euros a year to Spain
The gender gap in health, a hole of almost 9,000 million euros a year to Spain
The funds star funding business basque are still in 'stand-by'
The funds star funding business basque are still in 'stand-by'
Deutsche Bank: "Spain has lost the favour of the great managers"
Deutsche Bank:
Cars of Spain, in the white of the tariffs of Trump
Cars of Spain, in the white of the tariffs of Trump
A high charge of Compromís attacks to an investor british: "Intu go home"
A high charge of Compromís attacks to an investor british:
The digital transformation and "improve your Spanish", the challenges of the new ceo of BBVA
The digital transformation and
The Government will establish a working group to study the regulation of the sales
The Government will establish a working group to study the regulation of the sales
Norwegian "break the monopoly" of Iberia with Boston to add to their direct routes between Madrid and USA
Norwegian
PP and PSOE whiten your history in the crisis: "The problem of the boxes was not their politicisation"
PP and PSOE whiten your history in the crisis:
The basque Government presents the tax reform plans complementary pension
The basque Government presents the tax reform plans complementary pension
POLLS Results ALL
Who is the most powerful actor in Syria

Front Pages
  • The Sun
NEWS ARCHIVES