Articles written by Alex Coffey - Benzinga

Cooler Summer: July Jobs Growth Slowed, But Investors Cast Wary Eye On Fast-Rising Wages

(Friday market open) U.S. employers added jobs in June and July at the slowest pace in nearly three years. However, major indexes wavered after the news as investors grappled with stronger-than-expected wage growth.

Amazon And Apple Awaited: Risk-Off Trading Continues Ahead Of Earnings, Friday Jobs Data

(Thursday market open) After an interruption due to Fitch Ratings’ surprise downgrade of U.S.

Risk-Off Mood Pervades Following Surprise Downgrade Of U.S. Treasuries By Fitch Ratings

(Wednesday market open) A defensive, “risk-off” mood gripped global markets early Wednesday after Fitch Ratings’ surprise downgrade of its rating for U.S. Treasuries to AA+ from AAA. The move sparked a rapid retreat from riskier assets, but the bond market saw little initial reaction. Treasuries initially rose following the news.

Mixed Brew: Pfizer, Merck Earnings Head Opposite Ways, But Uber And Caterpillar Slug Line Drives

(Tuesday market open) The new month starts with stocks tinted red, but this week’s main events are just getting underway. A rise in Treasury yields might have investors nervous early Tuesday as the 10-year yield popped back above 4% ahead of key U.S. economic data. Last week’s brief move into that territory weighed on Wall Street.

Earnings Extravaganza: Another One-Third Of S&P 500 Companies Report This Week, Including Amazon, Apple

(Monday market open) It’s “tech week” on Wall Street. No, wait, it’s “pharma week.” Or is it “employment week?” How about all three?

August Outlook: Jackson Hole Beckons For Fed, But Could Events Reprise Last Year's Market Stampede?

The heat dome that’s settled over much of the country this summer might have you wishing for a trip to the mountains, and that’s exactly what the Federal Reserve gets in August at its approaching Jackson Hole symposium.

Price Pressure Eased In June, Fueling Early Wall Street Gains, But BoJ Rate Policy Move Rattles Market

(Friday market open) Welcome signs of easing U.S. inflation propelled Wall Street to early gains Friday, but the market remains rattled following a policy tweak earlier from the Bank of Japan (BoJ) and worries about the Federal Reserve potentially tightening further.

Stocks Begin Day With Strength, Propelled By Solid Earnings And Economic Data Including GDP

(Thursday market open) Major indexes turned green in premarket trading on Thursday following solid earnings from Meta Platforms (NASDAQ: META) and McDonald’s (NYSE: MCD), acc

Drama Lacking: Fed Seen Hiking Rates Later Today As Investors Digest Microsoft, Alphabet Results

(Wednesday market open) The Federal Reserve wraps up its July meeting today, and the market widely expects a quarter-point rate increase—and wonders what’s next. There’s debate about whether this is the final hike or if the economy’s summer sizzle might warrant another.

Double Dipping: Microsoft, Alphabet Earnings Both Due After Close As Fed Meeting Begins

(Tuesday market open) This afternoon serves up a double-feature, and it’s not “Barbenheimer.”

Brace For Action: Big Week Ahead Includes Fed Meeting, Heavy Earnings And Data Calendar

(Monday market open) The week ahead has something for everyone, including a Federal Reserve meeting and reports from roughly 30% of all S&P 500® companies. Most of the action starts tomorrow, and trading was subdued in premarket hours Monday as investors awaited the excitement to come.

Win Streak Threatened: Tesla, Netflix Results Bring Pressure As Housing, Leading Indicators Data Awaited

(Thursday market open) Pressure surfaced early Thursday as investors assessed yesterday’s results from Tesla (NASDAQ: TSLA) and Netflix (NASDAQ: NFLX).

Tesla On Tap: "Mega-cap" Reporting Season Gets Underway After Close With EV Giant's Earnings

(Wednesday market open) Major indexes ride into Tesla’s (NASDAQ: TSLA) earnings later today on a long winning streak that carried stocks to new 15-month highs yesterday. Hopes for an economic “soft landing” based on recent positive data drove gains.

Will Tesla's Acceleration In Q2 Have Investors Hitting The Gas Or The Brake?

Now that actual auto news seems to have replaced the Twitterverse as a top concern affecting Elon Musk’s signature company, tomorrow afternoon’s Q2 Tesla (NASDAQ: TSLA) earnings could produce some of the biggest headlines this earnings season.

Subdued Tone: Major Indexes Waver Despite Earnings Beats by Bank of America, Morgan Stanley

(Tuesday market open) The morning kicks off with more big banks beating analysts’ earnings expectations, but major indexes were barely changed in premarket trading. Retail Sales—an important barometer of consumer health—rose less than expected in June.

Electric Week Ahead: Tesla Earnings Among Highlights Along With Retail Sales, But Soft China Growth In Focus

(Monday market open) Earnings season spreads its wings this week with reports from several giant banks and a mega-cap company on the schedule, along with a dose of consumer-oriented retail sales and housing data.

Bank Domination: Earnings Season Kicks Off With A Hat Trick As Three Major Banks Post Beats

(Friday market open) After scampering to 15-month highs this week as investors cheered signs of slowing inflation, major stock indexes embark today on a voyage through earnings season, starting with three of the biggest U.S. banks.

More Inflation Cheer As June PPI Lighter Than Expected, Lifting Markets Ahead Of Friday's Bank Earnings

(Thursday market open) ) It’s déjà vu on Wall Street this morning. For the second straight session, major indexes rose ahead of the opening bell on signs of U.S. inflation easing, this time as the June Producer Price Index (PPI) rose less than analysts had expected.

Signs of Progress: Market Builds On Gains After June Inflation Growth Undercuts Expectations

(Wednesday market open) Comforting news on U.S. inflation provided Wall Street an early lift this morning, but expectations for a rate hike later this month remain extremely high.

Optimists Club: Positive Feelings Build Ahead Of Tomorrow's CPI Data As Recent Inflation Signs Soften

(Tuesday market open) An uneventful start to the week belies the excitement ahead. Inflation data and earnings season loom, with tomorrow’s Consumer Price Index (CPI) representing the opening salvo.