CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

European Equity Market Handover Twenty Fourth April

Article By: ,  Financial Analyst

Stock market snapshot as of [24/4/2019 2:06 PM]


  • Global shares have been on tenterhooks for much of Wednesday as investors fixated on how Boeing, the biggest U.S. exporter in dollar value, would fare with quarterly earnings
  • Boeing profits fell 21%, but the group managed to beat most EPS estimates, giving the stock a surprising lift ahead of the start of U.S. cash trading.
  • Consequently, Wall Street futures retain a light bid, even after the S&P 500 and Nasdaq indices notched new record highs on Tuesday
  • European stock market sentiment is tardier on the uptake; still wary after signs that Beijing will be more circumspect about stimulus after Chinese growth appeared to respond more quickly than expected to recent fiscal loosening

Corporate News

  • Even a less severe read on Europe’s bank sector from resilient Credit Suisse earnings hasn’t improved the regional mood much. A high threshold for improvement is still required for laggards like Deutsche Bank, UBS and even Barclays, which report earnings in coming days
  • Despite the impact of Boeing’s grounded 737 Max model, its shares trade about $7 higher in pre-market deals. With cash flow and revenues coming in far worse than sharply-lowered forecasts, there remains a strong chance that the stock could dive later, taking U.S. markets, particularly the Dow, with it
  • Caterpillar shares also look shaky ahead of open, despite beating forecasts and raising guidance

Upcoming corporate highlights

Date

Time

Company

Event Name

24-Apr-2019

AMC

Visa Inc

Q2 2019 Visa Inc Earnings Release

24-Apr-2019

AMC

Facebook Inc

Q1 2019 Facebook Inc Earnings Release

24-Apr-2019

AMC

Microsoft Corp

Q3 2019 Microsoft Corp Earnings Release

24-Apr-2019

AMC

Citrix Systems Inc

Q1 2019 Citrix Systems Inc Earnings Release

24-Apr-2019

AMC

Raymond James Financial Inc

Q2 2019 Raymond James Financial Inc Earnings Release

24-Apr-2019

AMC

Fortune Brands Home & Security Inc

Q1 2019 Fortune Brands Home & Security Inc Earnings Release

24-Apr-2019

AMC

Xerox Corp

Q1 2019 Xerox Corp Earnings Release

24-Apr-2019

21:10

Chipotle Mexican Grill Inc

Q1 2019 Chipotle Mexican Grill Inc Earnings Release

AMC: after market close

Upcoming economic highlights

 


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