United States, on the third day, with new daily coronavirus cases exceeding 50,000, reaching a new 24-hour high of 57,497. The COVID-19 pandemic, which was first identified in Wuhan, China in December, had infected 11,124,651 people worldwide and 2,808,003 in the US through Saturday. It had claimed at least 526,003 …
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 …
Read More »Florida Registers 10,000 New Coronavirus Cases, Largest Daily Rise Since Pandemic Started
Florida has just set a new record in the uphill battle against COVID-19. Florida reported more than 10,000 new cases Thursday, its highest number of new cases daily since the COVID-19 pandemic began. It also reported about 169,100 cases, most of which do not represent those who are asymptomatic or …
Read More »European stocks up on data, but US holidays keep stocks closed
European stocks were to snap a four-session winning streak on Friday, with bullish economic data overshadowed by lingering concerns about rising virus cases in the US. The Stoxx Europe 600 SXXP Index, -0.96% It fell 0.6% to 365.91, just after a gain of close to 2% on Thursday. For the …
Read More »Lemonade Records Best US IPO Debut Of 2020 With Over 140% Gain
Posted: Jul 2, 2020 at 6:40 pm ET The New York Stock Exchange in New York City. fake pictures Lemonade Inc. made the strongest initial public offering debut of a US company in 2020, as the shares of the mobile-based insurance company more than doubled last on its first day …
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