{"id":253,"date":"2023-01-30T12:02:52","date_gmt":"2023-01-30T17:02:52","guid":{"rendered":"https:\/\/embarrdowns.com\/navigating-a-week-of-central-bank-meetings-corporate-earnings-yield-on-10-year-u-s-treasury-note-sp500-earnings-in-focus\/"},"modified":"2023-04-12T11:14:39","modified_gmt":"2023-04-12T16:14:39","slug":"navigating-a-week-of-central-bank-meetings-corporate-earnings-yield-on-10-year-u-s-treasury-note-sp500-earnings-in-focus","status":"publish","type":"post","link":"https:\/\/embarrdowns.com\/navigating-a-week-of-central-bank-meetings-corporate-earnings-yield-on-10-year-u-s-treasury-note-sp500-earnings-in-focus\/","title":{"rendered":"Navigating A Week of Central-Bank Meetings & Corporate Earnings: Yield on 10-Year U.S. Treasury Note & S&P500 Earnings In Focus"},"content":{"rendered":"

This week investors are carefully navigating a week of central-bank meetings and corporate earnings. The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.551% Monday morning after ending a three-week losing skid last week.[0]<\/a><\/sup> The 10-year yield climbed 7 basis points to 3.56%, while the 2-year yield rose 3 basis points to 4.16%.[1]<\/a><\/sup> The U.S. dollar index ticked up 0.06% to $101.99.[2]<\/a><\/sup><\/p>\n

On the economic front, the Commerce Department\u2019s personal-consumption-expenditures price index rose 0.1%, cooling the annual inflation rate to 5% from 5.5%.[3]<\/a><\/sup> The core Personal Consumption Expenditures (PCE) prices, not including food and energy, increased by 0.3%, causing the yearly core inflation rate to drop to 4.4% from 4.7[3]<\/a><\/sup> The Bureau of Economic Analysis reported that fourth quarter GDP grew at a 2.9% annual rate, topping views, but almost half that gain was due to a buildup in inventories amid slower consumption.[4]<\/a><\/sup> In December, personal spending decreased by 0.2%, marking the second consecutive month of a decrease, as consumers became more wary.[4]<\/a><\/sup><\/p>\n

Meanwhile, collective S&P 500 earnings are expected to fall 2.9% from last year to a share-weighted $443.4 billion, before recording a modest 0.1% expansion over the three months ending in March. To date, 143 companies have reported their earnings for the S&P 500, and the collective total is expected to be $443.6 billion, which is a 2.9% decrease from last year.<\/p>\n

At the start of the trading day<\/a> on Wall Street, futures tied to the the S&P 500 are priced for a 29 point opening bell decline while those linked to the Dow Jones Industrial Average are set for a 180 point decline.[5]<\/a><\/sup> The Nasdaq, which has a focus on technology, was down 120 points.[6]<\/a><\/sup><\/p>\n

Intel (INTC) stock plunged 6.4% today after the chipmaker said fourth-quarter earnings fell 92% year-over-year to 10 cents per share, well below the 20 cents per share analysts were expecting.[7]<\/a><\/sup> Revenue fell to $14.0 billion, representing a decrease of 32% from the same period last year, and was lower than expectations.[8]<\/a><\/sup> For Q1, the company projected earnings and revenue to be lower than expected.[8]<\/a><\/sup><\/p>\n

0. <\/span>“Stocks Close Higher, With Earnings and Economic Data in Focus” The Wall Street Journal, 26 Jan. 2023, https:\/\/www.wsj.com\/articles\/global-stocks-markets-dow-update-01-26-2023-11674735172<\/a><\/a><\/p>\n

1. <\/span>“Nasdaq pops on Tesla bump; S&P, Dow pare back gains after positive GDP data” Seeking Alpha, 26 Jan. 2023, https:\/\/seekingalpha.com\/news\/3928229-nasdaq-sp500-dow-jones-stock-market-earnings-gdp<\/a><\/a><\/p>\n

2. <\/span>“Stock market news live updates: Stocks fall to start blockbuster week” Yahoo News, 30 Jan. 2023, https:\/\/news.yahoo.com\/stock-market-news-live-updates-january-30-2023-124137866.html<\/a><\/a><\/p>\n

3. <\/span>“U.S. stocks open mostly lower as investors digest PCE inflation data” MarketWatch, 27 Jan. 2023, https:\/\/www.marketwatch.com\/story\/us-stocks-open-mostly-lower-as-investors-digest-pce-inflation-data-2023-01-27<\/a><\/a><\/p>\n

4. <\/span>“Market Rally Powers Higher Amid Big Earnings: Weekly Review” Investor’s Business Daily, 27 Jan. 2023, https:\/\/www.investors.com\/news\/stock-market-rally-powers-higher-amid-big-earnings-from-tesla-boeing-microsoft-american-express<\/a><\/a><\/p>\n

5. <\/span>“Stock Market Today: Stocks Lower Ahead of Fed, ‘Tech Super Bowl’, And Jobs Data Week” News-Daily.com, 30 Jan. 2023, https:\/\/www.news-daily.com\/arena\/stock-market-today-stocks-lower-ahead-of-fed-tech-super-bowl-and-jobs-data-week\/article_f4b2f0e2-b395-5c1c-9ce6-a7a8058c380a.html<\/a><\/a><\/p>\n

6. <\/span>“Stocks Move Lower, Microsoft, Tesla, Boeing, Fox In Focus – Five Things To Know” TheStreet, 25 Jan. 2023, https:\/\/www.thestreet.com\/markets\/stocks-move-lower-microsoft-tesla-boeing-fox-5-things-to-know<\/a><\/a><\/p>\n

7. <\/span>“Stocks Close Higher as Price Pressures and Inflation Expectations Ease” Barchart, 27 Jan. 2023, https:\/\/www.barchart.com\/story\/news\/13672297\/stocks-close-higher-as-price-pressures-and-inflation-expectations-ease<\/a><\/a><\/p>\n

8. <\/span>“Stock Market Today: Stocks End the Week on a High Note” Kiplinger’s Personal Finance, 27 Jan. 2023, https:\/\/www.kiplinger.com\/investing\/stocks\/stock-market-today-012723-stocks-end-the-week-on-a-high-note<\/a><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This week investors are carefully navigating a week of central-bank meetings and corporate earnings. The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.551% Monday morning after ending a three-week losing skid last week.[0]<\/a><\/sup> The 10-year yield climbed 7 basis points to 3.56%, while the 2-year yield rose 3 basis points to 4.16%.[1]<\/a><\/sup> The U.S. dollar index ticked up 0.06% to $101.99.[2]<\/a><\/sup><\/p>\n

On the economic front, the Commerce Department\u2019s personal-consumption-expenditures price index rose 0.1%, cooling the annual inflation rate to 5% from 5.5%.[3]<\/a><\/sup> The core Personal Consumption Expenditures (PCE) prices, not including food and energy, increased by 0.3%, causing the yearly core inflation rate to drop to 4.4% from 4.7[3]<\/a><\/sup> The Bureau of Economic Analysis reported that fourth quarter GDP grew at a 2.9% annual rate, topping views, but almost half that gain was due to a buildup in inventories amid slower consumption.[4]<\/a><\/sup> In December, personal spending decreased by 0.2%, marking the second consecutive month of a decrease, as consumers became more wary.[4]<\/a><\/sup><\/p>\n

Meanwhile, collective S&P 500 earnings are expected to fall 2.9% from last year to a share-weighted $443.4 billion, before recording a modest 0.1% expansion over the three months ending in March. To date, 143 companies have reported their earnings for the S&P 500, and the collective total is expected to be $443.6 billion, which is a 2.9% decrease from last year.<\/p>\n

At the start of the trading day<\/a> on Wall Street, futures tied to the the S&P 500 are priced for a 29 point opening bell decline while those linked to the Dow Jones Industrial Average are set for a 180 point decline.[5]<\/a><\/sup> The Nasdaq, which has a focus on technology, was down 120 points.[6]<\/a><\/sup><\/p>\n

Intel (INTC) stock plunged 6.4% today after the chipmaker said fourth-quarter earnings fell 92% year-over-year to 10 cents per share, well below the 20 cents per share analysts were expecting.[7]<\/a><\/sup> Revenue fell to $14.0 billion, representing a decrease of 32% from the same period last year, and was lower than expectations.[8]<\/a><\/sup> For Q1, the company projected earnings and revenue to be lower than expected.[8]<\/a><\/sup><\/p>\n

0. <\/span>“Stocks Close Higher, With Earnings and Economic Data in Focus” The Wall Street Journal, 26 Jan. 2023, https:\/\/www.wsj.com\/articles\/global-stocks-markets-dow-update-01-26-2023-11674735172<\/a><\/a><\/p>\n

1. <\/span>“Nasdaq pops on Tesla bump; S&P, Dow pare back gains after positive GDP data” Seeking Alpha, 26 Jan. 2023, https:\/\/seekingalpha.com\/news\/3928229-nasdaq-sp500-dow-jones-stock-market-earnings-gdp<\/a><\/a><\/p>\n

2. <\/span>“Stock market news live updates: Stocks fall to start blockbuster week” Yahoo News, 30 Jan. 2023, https:\/\/news.yahoo.com\/stock-market-news-live-updates-january-30-2023-124137866.html<\/a><\/a><\/p>\n

3. <\/span>“U.S. stocks open mostly lower as investors digest PCE inflation data” MarketWatch, 27 Jan. 2023, https:\/\/www.marketwatch.com\/story\/us-stocks-open-mostly-lower-as-investors-digest-pce-inflation-data-2023-01-27<\/a><\/a><\/p>\n

4. <\/span>“Market Rally Powers Higher Amid Big Earnings: Weekly Review” Investor’s Business Daily, 27 Jan. 2023, https:\/\/www.investors.com\/news\/stock-market-rally-powers-higher-amid-big-earnings-from-tesla-boeing-microsoft-american-express<\/a><\/a><\/p>\n

5. <\/span>“Stock Market Today: Stocks Lower Ahead of Fed, ‘Tech Super Bowl’, And Jobs Data Week” News-Daily.com, 30 Jan. 2023, https:\/\/www.news-daily.com\/arena\/stock-market-today-stocks-lower-ahead-of-fed-tech-super-bowl-and-jobs-data-week\/article_f4b2f0e2-b395-5c1c-9ce6-a7a8058c380a.html<\/a><\/a><\/p>\n

6. <\/span>“Stocks Move Lower, Microsoft, Tesla, Boeing, Fox In Focus – Five Things To Know” TheStreet, 25 Jan. 2023, https:\/\/www.thestreet.com\/markets\/stocks-move-lower-microsoft-tesla-boeing-fox-5-things-to-know<\/a><\/a><\/p>\n

7. <\/span>“Stocks Close Higher as Price Pressures and Inflation Expectations Ease” Barchart, 27 Jan. 2023, https:\/\/www.barchart.com\/story\/news\/13672297\/stocks-close-higher-as-price-pressures-and-inflation-expectations-ease<\/a><\/a><\/p>\n

8. <\/span>“Stock Market Today: Stocks End the Week on a High Note” Kiplinger’s Personal Finance, 27 Jan. 2023, https:\/\/www.kiplinger.com\/investing\/stocks\/stock-market-today-012723-stocks-end-the-week-on-a-high-note<\/a><\/a><\/p>\n","protected":false},"author":3,"featured_media":252,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"_links":{"self":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/253"}],"collection":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/comments?post=253"}],"version-history":[{"count":0,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media\/252"}],"wp:attachment":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media?parent=253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/categories?post=253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/tags?post=253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}