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PROSHARES ULTRAPRO S&P500 PROSHARES ETF News

$71.44
+0.280 (+0.393%)
At Close: May 17, 2024
As traders continue to digest Wednesday’s hawkish Fed minutes, which at the time sent US equities tumbling, and discuss its implication for the outloo

Lamb Weston results beat expectations

03:03pm, Thursday, 06'th Jan 2022 MarketWatch
Lamb Weston Holdings Inc. stock soared 11.8% in Thursday trading after the potato and vegetable company reported fiscal second-quarter earnings and sales that beat expectations. Net income totaled $32.5 million, or 22 cents per share, down from $96.9 million, or 66 cents per share, last year. Adjusted EPS of 50 cents beat the FactSet consensus for 33 cents. Sales of $1.000 billion were up from $896.1 million last year and ahead the FactSet consensus for $997.8 million. For the full-year, Lamb Weston is guiding for low-to-mid single digit sales growth. The FactSet consensus is for sales of $4.051 billion, suggesting 10.4% growth. Lamb Weston has fallen 7.9% over the past year while the S&P 500 index has gained 25% for the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

US stocks trading higher as investors stick a toe in the water

02:44pm, Thursday, 06'th Jan 2022 Forexlive
The major US stock indices are trading higher as investors stick it on the water. Even the NASDAQ index which tumbled over the last two days is trading in positive territory. A snapshot of the market currently shows: Dow industrial average up 14 points or 0.04% at 36419.22 S&P index up 17 p

Only S&P 500 Doesn''t Suffer Technical Damage Post Fed Minutes

02:43pm, Thursday, 06'th Jan 2022 Investing.com
https://www.investing.com/analysis/only-sp-500-doesnt-suffer-technical-damage-post-fed-minutes-200613871
Helen of Troy Ltd. reported fiscal third-quarter profit and sales that beat expectations by wide margins, and raised its full-year outlook, citing strong consumer and retailer demand for housewares and beauty. The consumer products company''s stock was still inactive in the premarket. Net income for the quarter to Nov. 30 fell to $75.7 million, or $3.10 a share, from $84.2 million, or $3.34 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to $3.72 from $3.61, above the FactSet consensus of $3.16. Revenue fell 2.0% to $624.9 million but was above the FactSet consensus of $554.5 million. Housewares sales rose 10.7% and beauty sales grew 15.3%, while health and home sales fell 18.5%. For fiscal 2022, the company raised its sales guidance range to $2.10 billion to $2.12 billion from $2.02 billion to $2.07 billion, and lifted its adjusted EPS outlook to $11.55 to $11.75 from $11.05 to $11.35. The stock has rallied 10.3% over the past three months while the S&P 500 has gained 7.7%.
A big tech stock sell-off is pulling down the Nasdaq and S&P 500.
Quicker Return to QT Provides Markets With Painful Reminder of 2018

Asia follows Wall Street south

09:51am, Thursday, 06'th Jan 2022 MarketPulse
Hawkish FOMC minutes send equity markets lower Wall Street had a torrid session as a hawk FOMC minutes highlighted the amount of post-omicron speculative longs positions that were out there. Technology came in for particular attention, the Nasdaq suffering its biggest one-day drop in nearly a year. The S&P 500 tumbled 1.94% lower, with the []
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by JustForex Wall Street’s main indices showed strong gains yesterday, with the S&P 500 closing at an all-time high. The positive for the market is the fact that the concerns of investors at the expense of the seriousness of economic consequences on the Omicron variant decreases. The Dow Jones Industrial Average (US30) gained 0.55% yesterday, the S&P 500 (US500) added 0.62%, […]
Today's onslaught of economic reports included the latest updates on inflation and consumer spending.

S&P 500 ends at record ahead of Christmas holiday

04:04pm, Thursday, 23'rd Dec 2021
U.S. stocks ended higher Thursday in the final trading session ahead of the Christmas holiday, with the S&P 500 closing at a record as investors appeared more confident the economy won't be derailed b

Trifecta Hits Markets in December

03:40pm, Thursday, 23'rd Dec 2021 FSA Invest
Historically December has been a strong month for the markets with the S&P 500 experiencing a gain 73% of the time since 1928. As shown in the chart below, typically, [] The post Trifecta Hits Markets in December appeared first on Financial Services Advisory .

US Stocks: Wall Street set for higher open as Omicron worries ease

03:14pm, Thursday, 23'rd Dec 2021 The Financial Express
The S&P 500 is on track for an 87% gain since the end of 2018, its best three-year performance in more than two decades.
2021 has been a quiet year for markets; despite the recent increase in volatility, the S&P 500 is down less than 3% from its all-time high. Should we
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