What could soothe markets? Solid earnings, economic reports
October 12, 2018
WASHINGTON (AP) — After a harrowing week for financial markets, investors will look for solid corporate earnings reports and healthy economic news over the next few weeks to calm things down.
This week, sharply higher bond yields, fears of faster rate hikes, and the prospect of a long trade war between the United States and China prompted a two-day rout in the stock market. The Dow Jones Industrial Average plummeted 1,300 points on Wednesday and Thursday.
Even as the Dow regained almost 300 of those points Friday, some experts said investors' concerns haven't been resolved. But if fresh eviden...
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