Stocks Recover as Oracle Leads Software Companies Higher
Yahoo Finance·2026-04-13 23:09
Overseas stock markets are mixed today. The Euro Stoxx 50 is down by -0.52%. China's Shanghai Composite closed up +0.06%. Japan's Nikkei Stock 225 closed down -0.74%.The markets are discounting a 2% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.Earnings season begins this week as money center banks report, with Q1 S&P 500 earnings projected to climb +12% y/y, according to Bloomberg Intelligence. Stripping out the technology sector, Q1 earnings are projected to increase around 3%, the ...