After three days of market gains, trading has started sluggishly with major indices showing indecision. Notably, Alphabet reported strong earnings, boosting its shares up by 4%, while Intel's shares fell 7% due to disappointing future guidance despite beating immediate earnings estimates. Market expert Michael Harnett recommends caution amid trade risks, suggesting investors remain defensive. Small-cap stocks led the day with a notable rise in the Russell 2000 index. Personal loans are also highlighted as an excellent option with low rates accessible without affecting credit scores.
After three days of gains, the markets are off to a slower start, with major stock averages fluctuating between positive and negative territory.
Bank of America's Michael Harnett warns investors to be defensive amidst trade uncertainties, advising to sell rallies and buy dips in gold.
Intel's quarterly guidance disappointed investors despite better-than-expected earnings, leading to a 7% drop in shares, illustrating the market's focus on future outlook over past performance.
Alphabetâs strong earnings report propelled its shares up 4%, surpassing Wall Street's estimates, a bright spot in a mixed earnings season for tech.
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