Fear Continues To Grip Markets After Fed's Rate Decision
Portfolio Pulse from Lisa Levin
US stocks closed higher on Wednesday after the Federal Reserve maintained interest rates. The Kraft Heinz Company and Yum! Brands, Inc. reported positive Q3 results. However, the CNN Money Fear and Greed index remained in the 'Fear' zone, indicating market uncertainty. Investors are awaiting earnings results from Starbucks Corporation, ConocoPhillips, Apple Inc., and Eli Lilly and Company.
November 02, 2023 | 9:01 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from Apple Inc.
The anticipation of earnings results can cause stock price volatility, but the direction is uncertain until the results are released.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from ConocoPhillips.
The anticipation of earnings results can cause stock price volatility, but the direction is uncertain until the results are released.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Eli Lilly and Company.
The anticipation of earnings results can cause stock price volatility, but the direction is uncertain until the results are released.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Starbucks Corporation.
The anticipation of earnings results can cause stock price volatility, but the direction is uncertain until the results are released.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Kraft Heinz shares gained around 2.6% after releasing positive Q3 results.
Positive earnings results typically lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Yum! Brands reported better-than-expected earnings for its third quarter.
Better-than-expected earnings results generally lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100