Forecast for profit. That is coming up in just a bit. Im Katie Greifeld. He markets at the moment, quiet at alltime highs. We broke to the levels on both the s p 500 and nasdaq 100 yesterday, still hovering around there. Taking a bit of a breather. The s p 500 only up by. 1 . The same story at the nasdaq 100, the big tech benchmark currently higher by. 1 . When you are at an alltime high, maybe it is not worth complaining. In the bond market, a little bit of a selloff. Yields on the 10 year currently higher by three basis points but well below where we were with the 10 year currently trading at 4. 36 . Lets get back to earnings. Sales at walmart surging as wealthy shoppers flock to the retailer. The company posting First Quarter sales growth along with a better than expected full year outlook. Consumers getting staples or big purchases. Is this a trade it down that we are seeing a boost in walmart . Yes, it is. It has been one of the big fisheries when the surge we had. Consumer being
What the latest earnings tell us about a big shift. A major blow this hour to obama care, an Appeals Court ruling that subsidies given to certain people in certain states under the Affordable Care act are illegal, out of bounds. What this means now for the Health Care Law and those who have signed up for it. And better than a bubble. Apple and microsoft after the bell, with earnings today. A number of major tech players trading at very lofty levels now which tech stocks are worth more now than they were at the height of the dotcom boom. Which are more richly priced . Were going to explore that this hour and form more. The knack dab is the biggest winner. We start uptown with seema mody. Hi, seema. Good afternoon, sue. A big day for tech. Take a look at the Top Performing tech stocks. The list may surprise you. Juniper Networks Tops the list, of course Elliott Management has been pushing for change at the company. Qualcomm also providing a lift. F5 net works reporting tomorrow, but repo
At the start of the May series, Telecom, Consumption, Energy, Realty, FMCG, and Banking sectors witnessed significant OI addition. FIIs’ long ratio has fallen to 40 percent in Index futures, implying a shift towards more hedged positions.
Wednesday s analyst upgrades and downgrades - The Globe and Mail theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.