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Stock impact report

Zacks.com featured highlights include Carpenter Technology and Archrock [Yahoo! Finance]

Carpenter Technology Corporation (CRS) 
Last carpenter technology corporation earnings: 4/30 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.cartech.com
Company Research Source: Yahoo! Finance
Chicago, IL – October 18, 2024 – Stocks in this week's article are Carpenter Technology Corp. CRS and Archrock, Inc. AROC. 2 Momentum Anomaly Picks as Solid Earnings Boost Markets The broader U.S. equity markets witnessed a roller-coaster ride over the past few trading days hitting record highs on strong quarterly performance from hitherto reported companies before falling the next day only to rise again to a new record-high tally. This uptrend was fueled by cooling inflation and solid economic metrics that calmed investor nerves that the Federal Reserve was cutting rates aggressively because of a potential slowdown. With solid labor market conditions, the economy appears to be back on the growth track, cooling recessionary fears. However, escalating geopolitical tensions in the Middle East cast a latent threat. Amid the uncertainty, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues Show less Read more
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