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Stocks Fall on Earnings, Surging Rates, and Higher Oil Prices

US stocks are declining on soft earnings, rising rates, and as the risks grow for a potential widening of the Israel-Hamas conflict. Today’s round of earnings from Morgan Stanley, JB Hunt, and United Airlines told a story of a weakening economy that has rising costs drive a weakening profit outlook. Investors are scrambling into safety […] The post Stocks Fall on Earnings, Surging Rates, and Higher Oil Prices appeared first on Action Forex...
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Posted: Oct 19 2023, 07:06
Author Name: actionforex
Views: 082349