๐ Yield Rising And Disappointing Earnings - Hereโs Whatโs Happening
Here's what is happening in the markets today, Wednesday, October 18th
- Stocks mixed
-ย The 10-year U.S. Treasury note hit its highest level since Oct. 6
- Earnings Season: 83% of companies have exceeded earnings expectations
- United Airlines' stocks plummeted nearly 5% after reporting earnings
- Todayโs major earnings: Morgan Stanley (MS), Procter & Gamble (PG), Netflix (NFLX), and Tesla (TSLA)
- Todayโs economic reports: housing starts and building permits data for September
- Nvidia (NVDA) and Advanced Micro Devices (AMD) lower after stricter restrictions on AI chip exports to Chinaย
PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.ย
And for more stock market news,ย visit our YouTube Channel: https://youtube.com/rockwelltrading2008
#todaysstockmarket #stockmarkettoday #stockmarket
Create your
podcast in
minutes
It is Free