Stock market news
We are again in the stock earnings period, and stock earnings calendar are set to add volatility in the stock market. Notable earnings today are:
Stock earnings
“At least one beneficiary has emerged from Boeing’s ongoing mess with its flagship plane. Airline giant Delta (DAL) posted fourth quarter profits that beat Wall Street’s estimates — citing an influx of customers that fled rivals because of canceled flights stemming from the 737 MAX’s grounding. The stock surged over 4% in pre-market action from Monday’s close.”
“JPMorgan shares rise after big Q4 earnings beat
Shares of JPMorgan Chase (JPM) jumped more than 1.5% in early trading after the largest U.S. bank by assets reported much stronger than expected fourth-quarter results.
Here were the key figures versus the expectations, according to analysts polled by Bloomberg.
Revenue (adjusted): $29.2 billion vs $27.9 billion expected.
Earnings per share (adjusted): $2.57 vs $2.36 per share expected
CEO Jamie Dimon highlighted a more constructive geopolitical and macroeconomic backdrop as helping buoy the bank to record revenue and net income in the fourth quarter.”
Source: https://finance.yahoo.com/news/stock-market-news-live-updates-january-14-2020-123900913.html
Stock futures today before the open
Stock futures today point to a flat open, as earnings kick off, and can move the stock market, and stocks that miss or beat earnings expectations. We will monitor S&P 500 earnings calendar and earnings reports to watch this week.
