Wall Street ends higher on tech buying as investors wait on inflation data

Quick Summary:

All three of the main indexes suffered a sell-off on Oct 7, falling roughly 1 per cent each.

PepsiCo gained after the snack maker trimmed its forecast for annual sales growth, but reported adjusted earnings per share above estimates.

The estimated earnings growth rate for the S&P 500 is 5 per cent, according to LSEG estimates.

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Category: EconomyBusiness

Markets: SingaporeChina

Topics: Rate Interest Points Gained Cent Report Earnings Data Stocks Investors Three

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 04:41:31 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 676 words

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Sentences: 31 lines

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