The S&P 500 index is expected to close lower on Monday after world financial markets are concerned following Saturday’s Hamas attack on Israel. The wo
S&P 500 gained 0.48% last week on account of Friday’s furious rally. Friday’s Nonfarm Payrolls report for September led to 1.2% gain for index. S&P 500 futures dropped 0.75% in Monday’s premarket. Oil rises 3.8% on Monday to $86/barrel. Pepsico, JPMorgan, Citigroup, Domino’s Pizza and Delta Airlines report earnings this week. rry is not just that Israel’s reaction could lead to a wider regional conflict, but that oil prices will remain elevated and choke off growth.
The outlook has soured a bit more on money manager BlackRock, who also releases Q3 results before the market opens on Friday. Most analysts have cut their earnings forecasts for founder and CEO Larry Fink’s operation. The consensus call is for $8.47 in adjusted EPS on revenue of $4.56 billion. UnitedHealthcare, the largest insurer in the US and one of the country’s 10 largest stocks by market cap, is expected to post adjusted EPS of $6.37 on revenue of $91.4 billion in Friday’s premarket.
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Israel mounts heavy strikes on Gaza after Hamas attack; at least 500 dead so farIsrael pressed its relentless bombing campaign on Gaza overnight and into early Sunday as it battled to regain control after a deadly Hamas incursion.
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S&P 500 futures tumble after Hamas attacks IsraelJamie Chisholm is a markets reporter based in London.
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S&P 500 futures under pressure after Hamas attacks IsraelJamie Chisholm is a markets reporter based in London.
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Israel reveals scope of overnight siege on Gaza Strip, says more than 500 targets struckThe Israeli Air Force says hundreds of targets, including multiple Hamas “command centers' have been hit overnight in strikes on the Gaza Strip.
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S&P 500 Slips as Israel-Hamas War Rattles MarketsStocks fell and haven assets rose after the worst attack on Israel in decades rattled global markets. The U.S. bond market was closed for Columbus ...
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