Wednesday, February 02, 2022 01:42:40 UTC
Despite the Dow rising 272 points, and oil reaching $88 per barrel, January has been the weakest month for equities since March of 2020. Exxon ripped Tuesday to
Energy companies led the leader board as oil reached $88 per barrel and ExxonMobil announced earnings of $2.05 per share, above analyst projections by 11 cents. Revenue of $89 million also exceeded expectations. The oil company stated on Monday that it will relocate its headquarters from Irving, Texas, to Houston in order to save money and simplify operations.(More)
@exxonmobil @internationalenergyagency @iea @exxonmobile
#xom #cvx #dvn #nfg #exxonmobilcorp #oil #crudeoil #exxon #iea #international #energy
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Tue, Feb 1, 22
Exxon Q4 top expectations
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Gold up, DOW down, jobless up
Tue, Dec 14, 21
Oil sliding with more surplus
Mon, Dec 6, 21
Oil prices up
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Tue, Feb 1, 22
Exxon Q4 top expectations
Sat, Dec 18, 21
Gold up, DOW down, jobless up
Tue, Dec 14, 21
Oil sliding with more surplus
Mon, Dec 6, 21
Oil prices up
Wednesday, February 02, 2022 00:49:58 UTC
With government expenditure and borrowing continuing to rise, the latest Treasury Department data shows the United States national debt has reached $30 trillion.
The new record is for the entire outstanding debt of the federal government, which includes $23.487 trillion in public debt and an additional $6.525 trillion in intra-government debt, such as federal trust funds and other account.
A $5 trillion borrowing spree for pandemic relief was well underway before the coronavirus spurred an increase in Congress' spending at a regular pace.(More)
US DEBT SURPASSES $30 TRILLION
Wednesday, February 02, 2022 00:49:58 UTC
With government expenditure and borrowing continuing to rise, the latest Treasury Department data shows the United States national debt has reached $30 trillion.
The new record is for the entire outstanding debt of the federal government, which includes $23.487 trillion in public debt and an additional $6.525 trillion in intra-government debt, such as federal trust funds and other account.
A $5 trillion borrowing spree for pandemic relief was well underway before the coronavirus spurred an increase in Congress' spending at a regular pace.
#spx #irs #treasurydepartment #debt #spending #pandemic #federal #trust #funds #covid
Friday, January 14, 2022 12:40:31 UTC
JPMorgan shares fall even after the bank's fourth-quarter profit exceeds expectations. In premarket trading, the bank's stock fell 3%. Talent payouts partially to blame.
Earnings: $3.33 per share, compared to an estimate of $3.01, according to Refinitiv.
Revenue: $30.35 billion, compared to an estimate of $29.9 billion.
JPMorgan reported a $1.8 billion net benefit from releasing reserves for loan losses that never materialized; earnings would have been $2.86 per share without the 47 cent per share boost.(More)
JPMORGAN EARNINGS UP, STOCK DOWN
Friday, January 14, 2022 12:40:31 UTC
JPMorgan shares fall even after the bank's fourth-quarter profit exceeds expectations. In premarket trading, the bank's stock fell 3%. Talent payouts partially to blame.
Earnings: $3.33 per share, compared to an estimate of $3.01, according to Refinitiv.
Revenue: $30.35 billion, compared to an estimate of $29.9 billion.
JPMorgan reported a $1.8 billion net benefit from releasing reserves for loan losses that never materialized; earnings would have been $2.86 per share without the 47 cent per share boost.
#jpm #wfc #gs #ms #jpmorgan #wellsfargo #goldmansacks #bank #earnings
U.S. FUTURES RISE CAUTIOUSLY
12.27.21 12:04 PM UTC
European markets and U.S. futures rose this morning, amid light trading and a cautious atmosphere as traders assessed rising coronavirus infections.
GOLD UP, DOW DOWN, JOBLESS UP
12.18.21 12:29 AM UTC
Gold polished up nicely to hit a one-month high with $GLD hitting $67.80 while the DOW plunged 532 points. Weekly jobless claims up by 206,000 from the previous week.
GOLD UP, DOW DOWN, JOBLESS UP
Saturday, December 18, 2021 00:29:14 UTC
Gold polished up nicely to hit a one-month high with $GLD hitting $67.80 while the DOW plunged 532 points. Weekly jobless claims up by 206,000 from the previous week.
#gld #spdrgoldsharesetf #gold #silver #oil #exxon #bullion #jobless #dow
FED DOUBLES TAPER TO $30B A MONTH
12.15.21 7:36 PM UTC
The Federal Reserve announced plans to accelerate the wind down of its aggressive bond-buying program and signaled at least three interest rate hikes next year.
FED DOUBLES TAPER TO $30B A MONTH
Wednesday, December 15, 2021 19:36:25 UTC
The Federal Reserve announced plans to accelerate the wind down of its aggressive bond-buying program and signaled at least three interest rate hikes next year.
#thefederalreserve #tapering #bonds #stocks #ratehikes #pandemic
SENATE PAVING WAY FOR DEBT LIMIT HIKE
12.10.21 1:16 PM UTC
The U.S. Senate passed and sent to President Biden the first of two bills required to raise the $28.9 trillion debt limit and avoid default.
SENATE PAVING WAY FOR DEBT LIMIT HIKE
Friday, December 10, 2021 13:16:17 UTC
The U.S. Senate passed and sent to President Biden the first of two bills required to raise the $28.9 trillion debt limit and avoid default.
#janetyellen #joebiden #debtlimit #socialsecurity #medicare #taxrefund
INFLATION EXPECTATION HIGHEST SINCE 2008
10.13.21 9:31 PM UTC
New inflation expectation numbers are the highest since the economic crash of 2008. Supply chain disruptions, bottlenecks, and malfunctioning mandates all to blame.
INFLATION EXPECTATION HIGHEST SINCE 2008
Wednesday, October 13, 2021 21:31:40 UTC
New inflation expectation numbers are the highest since the economic crash of 2008. Supply chain disruptions, bottlenecks, and malfunctioning mandates all to blame.
WHAT HAPPENED LAST NIGHT?
N/A
A massive options trade may be the culprit for the S&P dump just before market close Thursday afternoon.
SNAP REVENUE UP, SHARES DOWN
N/A
When daily active users at Snapchat's parent business rose somewhat more than expected, the stock of social media company Snap fell.