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市场新闻

Principal Financial shares sink after quarterly report

BUZZ-Principal Financial shares sink after quarterly report ** Shares in Principal Financial Group PFG.O were down 8% on Friday, on track for biggest one-day pct drop since June 10, 2020 after Thursday reporting adj quarterly earnings that missed Wall Street expectations ** PFG was biggest percentage decliner in the S&P 500 financial index .SPSY and hit its lowest level since Sept.
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U.S. STOCKS Intel, Colgate-Palmolive, Mohawk Industries

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Colgate-Palmolive, Mohawk Industries Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The main U.S. indexes rose on Friday, as Treasury yields slipped from the week's high and relieved the pressure on megacaps, and investors awaited quarterly results from some of Wall Street's biggest companies next week.
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Principal Financial' s Q3 profit rises on robust investment income

Principal Financial' s Q3 profit rises on robust investment income Oct 24 (Reuters) - Insurer Principal Financial Group PFG.O reported a rise in third-quarter adjusted profit on Thursday, bolstered by robust returns on its investments and higher premiums. A strong labor market and increased confidence in soft landing post Federal Reserve's rate cut last month have boosted consumer willingness to spend more on their insurance policies.
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Rate cuts to accelerate US banks' move to higher-yielding investments

ANALYSIS-Rate cuts to accelerate US banks' move to higher-yielding investments Banks shift funds to higher-yielding investments to improve returns Wells Fargo, KeyCorp, and others sell low-rate securities for higher yields Declining rates reduce banks' unrealized losses, improving liquidity By Saeed Azhar Oct 24 (Reuters) - Rate cuts and easing bond yields are spurring some U.S.
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Markets bounce as Tesla surges, yields retreat

MORNING BID AMERICAS-Markets bounce as Tesla surges, yields retreat A look at the day ahead in U.S. and global markets from Mike Dolan Markets caught a break on Thursday as the white heat of the corporate earnings season saw a beat for megacap Tesla TSLA.O that sent its shares surging 12% before the bell while bond yields beat a retreat on soft business surveys overseas.
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