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Inventory futures edge upper on Sunday evening as Wall Side road awaits giant tech income: Reside updates

October 23, 2023



21 Minutes Ago30% of S&P 500 corporations are because of file income this weekInvestors are gearing up for the busiest week of income season, with 30% of businesses within the S&P 500 slated to file.Tech titans Alphabet and Microsoft are slated to unlock income after the bell on Tuesday. Meta is because of file on Wednesday, and Amazon on Thursday.3 key commercial corporations also are reporting, beginning with 3M and Common Electrical on Tuesday. Boeing is about to practice on Wednesday prior to the bell.With Common Motors reporting on Tuesday and Ford on Thursday, buyers can even gauge the industrial affect of the United Auto Employee moves.— Lisa Kailai Han, Robert Hum44 Minutes AgoStock futures open higher6 Hours AgoGulf markets fall amid issues of power struggle in area, U.S. charge hikesStock markets within the Gulf declined on Sunday amid issues about an escalation within the Israel-Hamas struggle and extra rate of interest hikes from the U.S. Federal Reserve.Saudi Arabia’s benchmark index was once down for a 3rd consecutive consultation, finishing 1.5% decrease, as of October 22. Al Rajhi Financial institution, a Saudi Arabian financial institution which is the sector’s biggest Islamic financial institution by way of capital, misplaced 2.1%.The Qatari index endured its five-day streak of losses, finishing 0.9% decrease, with Industries Qatar losing 2.2% and Qatar Navigation sliding 3%. The Qatar Nationwide Financial institution declined by way of 2.1%.The Dubai Monetary Marketplace Common Index, Dubai’s primary proportion index, retreated 1.5%.Outdoor the Gulf, Egypt’s blue-chip index won 2.4%.Financial coverage within the Gulf Cooperation Council is typically guided by way of the Federal Reserve’s insurance policies as maximum regional currencies are pegged to the U.S. buck. The Gulf Cooperation Council, or GCC, has six contributors: Qatar, Bahrain, Oman, Kuwait, Saudi Arabia and the United Arab Emirates.— Pia Singh

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