EDITOR'S NOTE
So close!
After weeks of hovering around its July 26 record, the S&P 500 came within inches of reaching its all-time high Friday after strong earnings from companies such as Intel and Visa. Those results helped offset disappointing results from Amazon.
Wall Street also got a lift from positive trade news. The U.S. Trade Representative's office said China and the U.S. are close to finalizing parts of a phase one trade deal. This was not enough, however, to bring the S&P 500 above its record.
Stocks will get another go at the record highs on Monday, the first day of the busiest week of the earnings season.  More than 140 S&P 500 companies are scheduled to report next week, including heavy hitters such as Apple, Facebook, Alphabet, General Electric and Starbucks.
So far, 38.2% of S&P 500 have posted quarterly numbers. Of those companies, 78% posted better-than-expected results, according to FactSet. But there were some notable disappointments. Amazon and Twitter reported weaker-than-expected results on Thursday.
Wall Street will navigate next week's heavy earnings slate while bracing for a Federal Reserve monetary policy meeting. Traders are largely expecting the central bank on Wednesday to cut rates for the third time this year.
But the key for investors will lie in the clues the central banks gives for future policy moves, writes CNBC's Patti Domm, noting that economists are all over the map about their Fed expectations after next week's meeting.
Navigating the world of financial products such as credit cards can be confusing. That's why we launched CNBC Select where we simplify the process by crunching the numbers, reviewing dozens of offers and providing you with all the information you need in one place. Click here to learn more. TOP NEWS
TOP VIDEO
CNBC PRO
SPECIAL REPORTS
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Missed some of this week's tips? No problem. We've compiled all of them here in one convenient place for you to enjoy. Happy learning! View In Browser Your Tip of the Day is sponsored by: Sponsors make free tips & tricks possible. Visit the above link to keep the free tips coming! Editor's Note Get 58% Off Incogni in The Early Black Friday Sale While there's no silver bullet to protect yourself from data breaches, one important tool for avoiding having your data stolen and sold on the dark web is to keep it out of vulnerable databases in the first place. That's why I recommend Incogni to remove personal data from data brokers and people-search websites. It took me less than 10 minutes to set up, and they've already removed my info from 218 lists and counting! This product is an important part of any Apple device owner's online security toolkit. We've partnered w...
Comentarios
Publicar un comentario