Charmin’s toilet paper maker Procter & Gamble Co. has teamed up with other consumer product conglomerates with its own updated climate change campaign, and agrees with its rivals that the next decade is a critical time for action, but drawing new concerns from natural resource groups. CEO David Taylor and …
Read More »Stocks are resilient because investors have braced themselves for much worse COVID-19 news, says strategist
What will stand in the way of market gains? Clearly, it’s not bad news about COVID-19, as investors try to see the silver lining in these uncertain times. Take this chart that shows how Arizona cases have started to flatten, by Pantheon Macroeconomics, which expects that state to respond earlier …
Read More »JP Morgan is betting that these stocks will dominate as an uncertain second half of the year approaches
Stocks falter on the last trading day of the quarter, as the World Health Organization warns that “the worst is yet to come” with COVID-19. But up to 16% and 18% respectively, the Dow DJIA, + 2.32% and S&P 500 SPX, + 1.46% They are poised for the best three-month …
Read More »European stocks fight for profit amid continued concerns over US virus
European stocks struggled for direction when a new week began on Monday, and investor focus remained on rising US coronavirus infection rates. Yielding past gains, the Stoxx Europe 600 SXXP Index, -0.01% it held steady at 358.09, after a 1.9% drop last week. The German DAX + 0.40% rose 0.2%, …
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