Stocks ended Wednesday on the upside with the news that a candidate Coronavirus vaccine from Moderna (MRNA) – Get report produced the desired immune response and that group Goldman Sachs (GS) – Get report posted stronger earnings than expected. Optimism was somewhat affected by reports that China promised to retaliate …
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Goldman Sachs reported second-quarter earnings on Wednesday morning that exceeded earnings and earnings analysts’ estimates. Quarterly revenue posted its second highest reading as commercial companies increased due to increased market volatility. Reserves for credit losses reached $ 1.6 billion as the company prepared for the consequences of the credit market. …
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Text size It is good to be the Dow. The stock market continues to rise on Wednesday, but some indices are rising more than others. S&P 500 futures are up 1.4%, while Dow Jones Industrial Average futures are up 566 points, or 2.1%, and Nasdaq Composite is up just 0.5%. …
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Here are five things you should know for Wednesday, July 15: 1. – Increase of future shares in the progress of the vaccine Stock futures rose Wednesday, receiving a boost from news that a candidate for the Moderna coronavirus vaccine (MRNA) – Get report it produced the desired immune response …
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US banking giant Goldman Sachs says it expects S&P 500 earnings per share to fall 60% in the second quarter, the biggest decline since 2009 during the financial crisis. “If realized, EPS growth in 2Q 2020 would be the weakest since 4Q 2009,” analysts said, noting that EPS fell 65% …
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