Dow Plunges Over 500 Points Following Unexpected Surge In US Jobless Claims
Portfolio Pulse from Avi Kapoor
The Dow Jones index fell over 500 points following an unexpected rise in US jobless claims. Despite this, Abbott Laboratories and D.R. Horton reported better-than-expected earnings. Investors are now awaiting earnings results from American Express, Schlumberger, and Halliburton.
July 19, 2024 | 6:48 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from American Express.
The anticipation of American Express' earnings results creates a neutral short-term impact as the outcome is still unknown.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Investors are awaiting earnings results from Halliburton.
The anticipation of Halliburton's earnings results creates a neutral short-term impact as the outcome is still unknown.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Investors are awaiting earnings results from Schlumberger.
The anticipation of Schlumberger's earnings results creates a neutral short-term impact as the outcome is still unknown.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Abbott Laboratories reported better-than-expected earnings for its second quarter.
Abbott Laboratories' better-than-expected earnings are likely to positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
D.R. Horton reported stronger-than-expected second-quarter earnings.
D.R. Horton's stronger-than-expected earnings are likely to positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80