The holiday weekend has done nothing to stem the positive momentum in US stocks. Strong US employment data boosted investors on Thursday and futures are higher early Monday, implying a gain of 350 points for the DIA Jones Industrial Average DJIA, + 0.35% out in the open. But coronavirus cases …
Read More »Shares in Europe rise on economic optimism
European stocks rose on Monday as signs of economic progress offset concerns about growing cases of coronavirus in the US and India. Up to 2% last week, the Stoxx Europe 600 SXXP, + 1.39% up 1.6%. Shares of HSBC Holdings HSBA listed in London, + 5.31% and STAN standard chartered, …
Read More »Asian markets increase, with positive economic data outweighing fears of coronavirus
Asian stock markets rose on Monday as investors looked for data they hope will support optimism about a global economic recovery. Nikkei 225 NIK from Japan, + 1.82% up 1.4% and the Hong Kong Hang Seng HSI Index, + 4.10% gained 3%. The SHCOMP composed of Shanghai, + 5.71% increased …
Read More »Stock futures are going nowhere. There is a message in the market unrest.
Text size Photograph by Michael Nagle / Bloomberg On Sunday night, the stock market is doing what it seems to do best these days: go sideways. Dow Jones Industrial Average futures are up 90 points, while S&P 500 futures are up 8 points, and Nasdaq compound futures are up 0.4%. …
Read More »Forget about the earnings season. What will the rest of 2020 be like?
Investors will return from a long holiday weekend in the United States on Monday to what could be calm before the storm – a relatively quiet week before a deluge of second-quarter corporate earnings reports is released from July 13. However, most observers are looking at second-quarter earnings as they …
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