* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, October 9, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Israel’s Entertainment Industry Is Being Targeted by the Left in Hollywood and the Right at Home – The Wall Street Journal

    Inside the Fierce Clash Shaping Israel’s Entertainment Industry: Hollywood vs. Local Voices

    Offset Is Ready To Finalize Divorce With Cardi B for a Major Reason – Yahoo

    Offset Poised to Finalize Divorce from Cardi B for a Major Reason

    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Charlie Hunnam Reflects on Playing a Serial Killer in Monster: The Ed Gein Story – Yahoo

    Charlie Hunnam Reveals the Dark Challenges of Playing a Serial Killer in Monster: The Ed Gein Story

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Wisconsin Dairy Leads the Way with Cutting-Edge Technology Systems

    ENERCON and Biome collaborate for wind turbine noise reduction technology – Yahoo Finance

    ENERCON and Biome Join Forces to Revolutionize Wind Turbine Noise Reduction

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

    Could Light-Speed Analog Computing Transform the Future of Technology?

    ARM Institute opens technology project call to speed submarine manufacturing – The Robot Report

    ARM Institute Unveils Cutting-Edge Technology Project to Revolutionize Submarine Manufacturing

    Forget Cowbells. Cows Wear High-Tech Collars Now. – The New York Times

    Ditch the Cowbells: Discover the High-Tech Collars Transforming Cattle Care

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Israel’s Entertainment Industry Is Being Targeted by the Left in Hollywood and the Right at Home – The Wall Street Journal

    Inside the Fierce Clash Shaping Israel’s Entertainment Industry: Hollywood vs. Local Voices

    Offset Is Ready To Finalize Divorce With Cardi B for a Major Reason – Yahoo

    Offset Poised to Finalize Divorce from Cardi B for a Major Reason

    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Charlie Hunnam Reflects on Playing a Serial Killer in Monster: The Ed Gein Story – Yahoo

    Charlie Hunnam Reveals the Dark Challenges of Playing a Serial Killer in Monster: The Ed Gein Story

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Wisconsin Dairy Leads the Way with Cutting-Edge Technology Systems

    ENERCON and Biome collaborate for wind turbine noise reduction technology – Yahoo Finance

    ENERCON and Biome Join Forces to Revolutionize Wind Turbine Noise Reduction

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

    Could Light-Speed Analog Computing Transform the Future of Technology?

    ARM Institute opens technology project call to speed submarine manufacturing – The Robot Report

    ARM Institute Unveils Cutting-Edge Technology Project to Revolutionize Submarine Manufacturing

    Forget Cowbells. Cows Wear High-Tech Collars Now. – The New York Times

    Ditch the Cowbells: Discover the High-Tech Collars Transforming Cattle Care

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Market Snapshot: Stocks turn lower, S&P 500 heads for fourth straight day of losses

August 4, 2023
in Business
Market Snapshot: Stocks turn lower, S&P 500 heads for fourth straight day of losses
Share on FacebookShare on Twitter

U.S. stocks fall Friday afternoon, with the S&P 500 on track for a fourth straight day of losses, as investors parsed the July jobs report from the Department of Labor along with Big Tech earnings from Amazon and Apple. All three major indexes were heading for weekly losses heading toward the closing bell.

How stock indexes are trading

The Dow Jones Industrial Average
DJIA
fell 173 points, or 0.5%, to 35,040.

The S&P 500
SPX
shed 26 points, or 0.6%, to around 4,475.

The Nasdaq Composite
COMP
slipped 57 points, or 0.4%, to 13,902.

For the week, the Dow was on track to fall 1.1%, the S&P 500 was on pace to decline 2.2% and the Nasdaq was heading for a 2.7% drop, FactSet data show, at last check.

What’s driving markets

Stocks fell Friday afternoon, giving up earlier gains after the latest labor-market report showed the U.S. economy continued to create jobs in July while average hourly earnings rose.

The U.S. economy added 187,000 jobs last month, with the unemployment rate falling to 3.5% from 3.6% in June, according to a report Friday from the Bureau of Labor Statistics. The report also showed average hourly earnings rose 0.4% in July, up 4.4% over the past 12 months.

Last month’s wage growth was slightly higher than expected, while the number of jobs created was a bit softer than the 200,000 anticipated by Wall Street analysts.

The jobs report was “pretty benign,” being neither too hot nor too cold, said Randy Frederick, Charles Schwab’s managing director of trading and derivatives, in a phone interview Friday. “Recession seems highly unlikely in 2023,” while traders, after digesting the employment data, still expect the Federal Reserve to hold interest rates steady at its meeting next month, he said.

Slowing job growth may bolster hopes that the Fed’s rate hikes could succeed in cooling the economy — and inflation with it — without leading to a hard landing.

However, many economists and analysts flagged the slightly hotter-than-expected wage growth in July as a potential sticking point for the Fed. The annualized 4.4% rise is well above the Fed’s target of 2% inflation, said Bankrate senior economic analyst Mark Hamrick, in emailed commentary Friday.

Adam Farstrup, head of the multi-asset team for the Americas at Schroders, said by phone Friday that his base case is for a “soft landing” for the U.S. economy, but he’s monitoring wage growth and a recent rise in oil prices
CL00,
+1.28%
as possible sources for a potential second round of inflation.

Read: Oil scores 6th straight weekly rise after supply cuts

Investors will get a reading on July inflation next week, with monthly data from the consumer-price index due out on Aug. 10.

Meanwhile, Treasury yields dropped after the jobs report. The yield on the 10-year Treasury note
BX:TMUBMUSD10Y
fell 12.8 basis points Friday to 4.06%, its largest daily decline since early May based on 3 p.m. Eastern Time levels, but remained up for the week, according to Dow Jones Market Data.

Investors also continued to digest quarterly earnings results, including reports from Big Tech companies Apple Inc.
AAPL,
-4.80%
and Amazon.com
AMZN,
+8.27%
after the market’s close on Thursday. Amazon was the best-performing stock in the S&P 500 on Friday afternoon, up more than 9%, while shares of Apple fell more than 4% to become the biggest loser in the Dow, according to FactSet data, at last check.

“Apple is probably getting beaten up because its guidance was not spectacular,” said Charles Schwab’s Frederick. Overall, earnings season for the second quarter “started off really good and it’s not so great now.”

With the vast majority of companies now having reported their results, overall earnings growth has recently fallen below expectations for the period, dropping more than anticipated year over year, he said. Analysts are expecting the second quarter to be this year’s quarterly earnings trough, according to Frederick.

The S&P 500 is up almost 17% so far this year, according to FactSet data, at last check.

“To see further upside in the equity market, we do think you would have to see much greater optimism about the path of earnings” in the third and four quarters, said Schroders’s Farstrup. As for buying opportunities, “the cyclical areas are really what we are most interested in,” he said, pointing to financials and industrials as examples.

Companies in focus

Apple Inc.
AAPL,
-4.80%
shares fell after the consumer-technology behemoth reported a third-straight quarter of declining sales.

Amazon.com Inc.
AMZN,
+8.27%
shares jumped after the company reported quarterly profit that beat expectations.

Icahn Enterprises L.P.
IEP,
-23.23%
shares plunged after the company said it’s cuttings its quarterly distribution to $1 from $2.

Tupperware Brands Corp.
TUP,
+35.51%
saw another huge pop on Friday after announcing a debt-restructuring agreement late Thursday.

Shares of Nikola Corp.
NKLA,
-26.36%
sank after the electric-vehicle maker beat Wall Street expectations for second-quarter losses and revenue, but slashed its full-year outlook.

Steve Goldstein contributed to this article.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MarketWatch – http://www.marketwatch.com/news/story.asp?guid=%7B20C06575-04D4-B545-7241-5906E04B9F10%7D&siteid=rss&rss=1

Tags: businessMarketsnapshot
Previous Post

The Moneyist: My sibling ‘borrows’ hundreds of thousands of dollars from our parents. Should I take my inheritance now before it’s too late?

Next Post

Futures Movers: Oil scores 6th straight weekly rise after supply cuts

Research team explores inclusion at conferences – EurekAlert!

Research team explores inclusion at conferences – EurekAlert!

October 9, 2025
If you feel you don’t really belong, here is some science-based advice – New Scientist

If you feel you don’t really belong, here is some science-based advice – New Scientist

October 9, 2025
Opinion | The most important Nobel prizes – The Washington Post

Opinion | The most important Nobel prizes – The Washington Post

October 9, 2025
Video: Owner Lists Shih Tzu’s ‘Toxic Traits’ & Internet Can’t Relate to It Enough – Yahoo

Watch: Owner Reveals Hilarious ‘Toxic Traits’ of Their Shih Tzu That Have Everyone Talking

October 9, 2025

Wisconsin Dairy Leads the Way with Cutting-Edge Technology Systems

October 9, 2025
What Ibrahima Konate wants from Liverpool contract talks – Yahoo Sports

Ibrahima Konate’s Ambitious Goals in His Liverpool Contract Negotiations

October 9, 2025
IRONMAN World Championship Kona 2025: Date, start time and how to watch live – TRI247

IRONMAN World Championship Kona 2025: Date, start time and how to watch live – TRI247

October 9, 2025
Canada’s economy is in serious trouble. Now Mark Carney is coming to Washington to talk tariffs – CNN

Canada’s economy is in serious trouble. Now Mark Carney is coming to Washington to talk tariffs – CNN

October 9, 2025
Israel’s Entertainment Industry Is Being Targeted by the Left in Hollywood and the Right at Home – The Wall Street Journal

Inside the Fierce Clash Shaping Israel’s Entertainment Industry: Hollywood vs. Local Voices

October 9, 2025
Better Food, Better Health: Redefining Chronic Disease Care Through Nutrition – The American Journal of Managed Care® (AJMC®)

Better Food, Better Health: Redefining Chronic Disease Care Through Nutrition – The American Journal of Managed Care® (AJMC®)

October 9, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (859)
  • Economy (879)
  • Entertainment (21,752)
  • General (17,496)
  • Health (9,921)
  • Lifestyle (892)
  • News (22,149)
  • People (881)
  • Politics (890)
  • Science (16,090)
  • Sports (21,380)
  • Technology (15,860)
  • World (862)

Recent News

Research team explores inclusion at conferences – EurekAlert!

Research team explores inclusion at conferences – EurekAlert!

October 9, 2025
If you feel you don’t really belong, here is some science-based advice – New Scientist

If you feel you don’t really belong, here is some science-based advice – New Scientist

October 9, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version