Investor Optimism Improves Further As Investors Assess Economic Reports
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index showed an improvement in overall sentiment among U.S. investors. U.S. stocks closed higher, with the S&P 500 recording gains for the fourth straight session. However, shares of HP Inc. fell 6.6% after the company issued FY23 adjusted EPS guidance below estimates. Investors are awaiting earnings results from Dollar General Corporation, Broadcom Inc., and Hormel Foods Corporation.
August 31, 2023 | 7:10 am
News sentiment analysis
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NEGATIVE IMPACT
Shares of HP Inc. fell 6.6% after the company issued FY23 adjusted EPS guidance below estimates.
HP Inc.'s lower than expected EPS guidance for FY23 has negatively impacted investor sentiment, leading to a drop in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Broadcom Inc.
The upcoming earnings results from Broadcom Inc. could potentially impact its stock price, depending on whether the results meet, exceed, or fall short of market expectations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from Dollar General Corporation.
The upcoming earnings results from Dollar General Corporation could potentially impact its stock price, depending on whether the results meet, exceed, or fall short of market expectations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from Hormel Foods Corporation.
The upcoming earnings results from Hormel Foods Corporation could potentially impact its stock price, depending on whether the results meet, exceed, or fall short of market expectations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50