Investor Sentiment Drops Following Economic Reports
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index showed a decline in overall sentiment among U.S. investors on Thursday, with the Dow Jones dropping more than 300 points. Private businesses in the U.S. added 497,000 jobs in June, higher than market estimates. Levi Strauss & Co. reported upbeat earnings for its second quarter, but lowered its annual profit outlook. Investors are awaiting earnings results from AZZ Inc. and ImmunoPrecise Antibodies Ltd.
July 07, 2023 | 6:18 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Levi Strauss reported positive Q2 earnings but lowered its annual profit outlook, which could negatively impact its stock price in the short term.
Levi Strauss's positive Q2 earnings could have been a positive signal for investors. However, the company's lowered annual profit outlook could overshadow this and lead to a decrease in its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from AZZ Inc., which could impact its stock price depending on the results.
The anticipation of AZZ Inc.'s earnings results could cause volatility in its stock price. The direction will depend on whether the results meet, exceed, or fall short of market expectations.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Investors are awaiting earnings results from ImmunoPrecise Antibodies Ltd., which could impact its stock price depending on the results.
The anticipation of ImmunoPrecise Antibodies Ltd.'s earnings results could cause volatility in its stock price. The direction will depend on whether the results meet, exceed, or fall short of market expectations.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70