There have been a series of school fires in the country in recent years, many of them which have turned out to be arson
africa10 hours ago
Goldman Sachs Group Inc shares were up 0.3 percent to $164.25 in premarket trading after it said first-quarter earnings nearly doubled. The Wall Street powerhouse was charged with fraud last week, and Britain’s financial regulator started a formal enforcement investigation into Goldman on Tuesday.
“The focus from the Goldman Sachs investigation has shifted back to earnings, the true driver of markets,” said Andre Bakhos, director of market analytics at Lek Securities in New York. “Optimism about this earnings season seems to be coming back into play.”
S&P 500 futures rose 4.1 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 21 points and Nasdaq 100 futures added 7.25 points.
UnitedHealth Group Inc jumped 4.9 percent $32.75 premarket after the largest U.S. health insurer by membership soared past estimates and raised its full-year earnings forecast.
Johnson & Johnson also reported its results. Shares were down in light trading.
Coca-Cola Co edged 0.2 percent lower to $55.20 in premarket trading after the company reported higher quarterly earnings.
Other major companies set to announce results include Apple Inc and Yahoo Inc.
International Business Machines Corp declined 2.1 percent to $129.50 in early trading a day after posting better-than-expected profits but disappointing gross margins.
Citigroup Inc posted its best quarterly results in nearly three years on Monday, and the stock advanced 1.4 percent to $4.95 premarket.
Retailers will be in the spotlight in an otherwise light day for economic indicators as Redbook releases its retail sales index of department and chain store sales at 8:55 a.m. EDT.
Crude oil futures topped $82 a barrel, rebounding from three-week lows, as jet fuel demand increased after European planes began flying again. A massive ash cloud originating in Iceland receded, freeing European airspace after five days of airport closures.
U.S. stocks rose on Monday as investors reassessed the potential damage of the Goldman fraud case and earnings optimism grew.
There have been a series of school fires in the country in recent years, many of them which have turned out to be arson
africa10 hours ago
Salama Alfalacy is into realistic art featuring landscapes and wildlife, while Meera Jamal Al Midfa is setting new grounds in performance art and filmmaking
arts11 hours ago
Dubai Police have asked drivers to be extra cautious
transport11 hours ago
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
asia12 hours ago
Dubai Police have asked drivers to be extra cautious
transport12 hours ago
The former all-rounder has returned to cricket during the past year after a horrific car crash at the end of 2022
cricket13 hours ago
Dubai Police have asked drivers to be extra cautious
emergencies13 hours ago
The country has set a new Guinness World Record by creating the largest falcon hood, beating the previous record of 1.65 metres
uae14 hours ago