Stocks are suddenly getting hit with higher Treasury yields and some worrisome earnings L'oreal Sa - Adidas Ag HEAD TOPICS

Stocks are suddenly getting hit with higher Treasury yields and some worrisome earnings

10/21/2022 4:30:00 PM

Stocks are suddenly getting hit with higher Treasury yields and a few worrisome earnings

L oreal Sa Adidas Ag

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CNBC

Stocks are suddenly getting hit with higher Treasury yields and a few worrisome earnings With 20% of the S&P reporting, earnings overall have been better than feared. But there have been several disappointments in the past twelve hours. WATCH LIVE Markets are being hit with a double whammy this morning: multi-year high in Treasury yields, and earnings.The 20-EMA at around 1.Updated: Oct.Ethereum  bulls were able to support the asset on its way down and cause a reversal. With 20% of the S & P reporting, earnings overall have been better than feared. But there have been several disappointments in the past twelve hours. The dismal market mood is supporting the greenback bulls. American Express is a good example of investors focusing on one issue: loan loss provisions. Published: Oct. Earnings and revenues were higher than expected.3978 after overstepping the round-level hurdle of 1. Spending was strong (consumer and commercial-billed business growing 22% and 20% year-over-year), new card growth (3. The low volatility, limited price performance and predictability of the asset are a perfect recipe for the beginning of prolonged accumulation. 3 million) was good. The USD/CAD pair is attempting to re-test the critical hurdle of 1. Sophia Claps (2) of Chatham tries to race up field past Addy Mills (14) of Mountain Lakes during the Morris County Tournament field hockey final between Chatham and Mountain Lakes at Boonton High School in Boonton, NJ on Tuesday, October 18, 2022. Guidance for 2022 guidance was maintained on revenue but increased on EPS. "We have not seen changes in the spending behaviors of our customers, but we are mindful of the mixed signals in the broader economy and have plans in place to pivot should the operating environment change dramatically," Chief Executive Officer Stephen Squeri said in a statement. S&P500 futures have escalated their losses in Tokyo after two consecutive bearish trading sessions, which indicates that the risk aversion theme will stay for a while. But AmEx set aside $778 million for potential future losses, nearly $200 million higher than expected. That set everyone thinking that spending would slow, and defaults would be higher.00 in Asia. Altcoin market showing some positivity While it is not yet clear what could have launched the recovery on most digital assets on the market , social metrics were previously flashing green, indicating that most crypto market participants started expressing more positivity compared to what we saw a week ago. You would think luxury would be in great shape. "Revenge partying goes on!" Robert Ottenstein at Evercore ISI said in a note, commenting late last night on very strong earnings from French spirits maker Pernod Ricard.23%. Pernod volumes were strong, and prices were higher. Much higher.3077. In the U. S.3680 indicates that the corrective move is concluded now and the asset will resume its upside journey., Ottenstein quoted the company: "nothing in terms of a weaker underlying demand and there is absolutely no slowdown," highlighting still strong consumption. But other luxury brand names were not so effervescent.3445 indicates that the upside bias is intact. The events in Europe around the Russia invasion of Ukraine are weighing on sales. In Europe, Adidas warned, luxury goods makers Kering reported solid sales but noted its Gucci business was weaker than expected (China struggling as well), and L'Oreal's luxury business missed as the company noted lockdowns in China.00-60. . Read more:
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Candidate for U.S. Representative in New York, Tina Forte calls out opponent Alexandria Ocasio-Cortez for her refusal to debate, her radical leftist policies... Read more >> USD/CAD Price Analysis: Buying tails at 20-EMA warrants a resumption of rallyUSD/CAD Price Analysis: Buying tails at 20-EMA warrants a resumption of rally – by Sagar_Dua24 USDCAD RiskAversion SupportResistance Momentum Technical Analysis Field Hockey: Defensive Players of the Week for Oct. 20A look at some of the top defensive performers over the past week in field hockey. Lido Finance (LDO) Making Big Return: Crypto Market Review, October 20Lido Finance rebounds for first time since Ethereum Merge implementation in one row with other altcoins like Cardano Top 50 daily girls soccer stat leaders for Thursday, Oct. 20Take a full look at Thursday's leaders in goals, assists and saves. Taylor Swift Is Selling Over 20 Versions of ‘Midnights’ in Different Styles and FormatsTaylor Swift Is selling more than 20 versions of TSmidnighTS in different styles & formats. she is everything Delete Keep this tweet away from YSLONIKA :-((( Bitcoin mining stock report: Thursday, October 20Here's how crypto mining companies performed on Thursday, Oct. 20. WATCH LIVE Markets are being hit with a double whammy this morning: multi-year high in Treasury yields, and earnings.The 20-EMA at around 1.Updated: Oct.Ethereum  bulls were able to support the asset on its way down and cause a reversal. With 20% of the S & P reporting, earnings overall have been better than feared. But there have been several disappointments in the past twelve hours. The dismal market mood is supporting the greenback bulls. American Express is a good example of investors focusing on one issue: loan loss provisions. Published: Oct. Earnings and revenues were higher than expected.3978 after overstepping the round-level hurdle of 1. Spending was strong (consumer and commercial-billed business growing 22% and 20% year-over-year), new card growth (3. The low volatility, limited price performance and predictability of the asset are a perfect recipe for the beginning of prolonged accumulation. 3 million) was good. The USD/CAD pair is attempting to re-test the critical hurdle of 1. Sophia Claps (2) of Chatham tries to race up field past Addy Mills (14) of Mountain Lakes during the Morris County Tournament field hockey final between Chatham and Mountain Lakes at Boonton High School in Boonton, NJ on Tuesday, October 18, 2022. Guidance for 2022 guidance was maintained on revenue but increased on EPS. "We have not seen changes in the spending behaviors of our customers, but we are mindful of the mixed signals in the broader economy and have plans in place to pivot should the operating environment change dramatically," Chief Executive Officer Stephen Squeri said in a statement. S&P500 futures have escalated their losses in Tokyo after two consecutive bearish trading sessions, which indicates that the risk aversion theme will stay for a while. But AmEx set aside $778 million for potential future losses, nearly $200 million higher than expected. That set everyone thinking that spending would slow, and defaults would be higher.00 in Asia. Altcoin market showing some positivity While it is not yet clear what could have launched the recovery on most digital assets on the market , social metrics were previously flashing green, indicating that most crypto market participants started expressing more positivity compared to what we saw a week ago. You would think luxury would be in great shape. "Revenge partying goes on!" Robert Ottenstein at Evercore ISI said in a note, commenting late last night on very strong earnings from French spirits maker Pernod Ricard.23%. Pernod volumes were strong, and prices were higher. Much higher.3077. In the U. S.3680 indicates that the corrective move is concluded now and the asset will resume its upside journey., Ottenstein quoted the company: "nothing in terms of a weaker underlying demand and there is absolutely no slowdown," highlighting still strong consumption. But other luxury brand names were not so effervescent.3445 indicates that the upside bias is intact. The events in Europe around the Russia invasion of Ukraine are weighing on sales. In Europe, Adidas warned, luxury goods makers Kering reported solid sales but noted its Gucci business was weaker than expected (China struggling as well), and L'Oreal's luxury business missed as the company noted lockdowns in China.00-60. .