Tourists stroll through the center of Rovinj on the Istrian peninsula in the Adriatic Sea on July 4, 2020. Denis Lovrovic / Agence France-Presse / Getty Images European stocks rose Wednesday, and US equity futures also rose as investors accepted positive news about a candidate for the coronavirus vaccine. The …
Read More »Vaccine Hopes Boost Earnings for European Stocks and US Stock Futures
Posted: Jul 15, 2020 at 3:59 am ET European stocks rose Wednesday, and US equity futures also rose as investors accepted positive news about a candidate for the coronavirus vaccine. The Stoxx Europe 600 Index FXXP00 It was up 0.8% after a 0.8% loss on Tuesday. The index is barely …
Read More »Dow futures jump 200 points after Moderna says its vaccine produces antibodies against coronavirus
Stock futures rose higher in overnight trading Tuesday after Moderna said its coronavirus vaccine produced antibodies in all patients in an early trial, raising hopes for a more economic recovery. fast. Futures in the Dow Jones Industrial Average rose 300 points, pointing to a gain of 270 points in the …
Read More »Fed Kaplan says US economy to see above-trend growth in 2021
Dallas Federal Reserve President Robert Kaplan said that economic growth in the United States will accelerate next year as the country recovers from the coronavirus crisis. “In ’21, we will see above-trend growth, and we will continue to reduce the unemployment rate,” Kaplan said on CNBC’s “Closing Bell” on Tuesday. …
Read More »Why the S&P 500 is underperforming despite the US’s inability to contain COVID-19
AFP via Getty Images Here’s a weird twist to American exceptionalism: American stocks, as measured by the S&P 500 benchmark, hold up against their European rivals, despite US coronavirus cases rising again and threatening economic recovery, while European countries seem to have the outbreak largely under control. Coronavirus update: Global …
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