Market Volatility Increases Following China Data; S&P 500 Settles Higher
Portfolio Pulse from Lisa Levin
The S&P 500 closed higher on Monday, despite increased market volatility following recent economic data from China. Major companies including Bank of America Corp, Tesla Inc, Goldman Sachs Group Inc, and Netflix Inc are set to release earnings this week. The Nasdaq 100 also gained, with shares of Apple Inc and Tesla Inc contributing to the rise. The CBOE Volatility Index rose 1.1% to close at 13.48 on Monday.
July 18, 2023 | 9:45 am
News sentiment analysis
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NEUTRAL IMPACT
Bank of America Corp is set to release its earnings this week. The overall market volatility and China's economic data may influence investor sentiment.
The upcoming earnings release could cause price fluctuations for Bank of America Corp. The overall market volatility and China's economic data may also impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
Goldman Sachs Group Inc is set to release its earnings this week. The overall market volatility and China's economic data may influence investor sentiment.
The upcoming earnings release could cause price fluctuations for Goldman Sachs Group Inc. The overall market volatility and China's economic data may also impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
Netflix Inc is set to release its earnings this week. The overall market volatility and China's economic data may influence investor sentiment.
The upcoming earnings release could cause price fluctuations for Netflix Inc. The overall market volatility and China's economic data may also impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Shares of Apple Inc contributed to the rise of the Nasdaq 100.
Apple's contribution to the rise of the Nasdaq 100 indicates a potential positive short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Tesla Inc is set to release its earnings this week. The company's shares contributed to the rise of the Nasdaq 100.
Tesla's upcoming earnings release and its contribution to the rise of the Nasdaq 100 indicate a potential positive short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85