Hope for the COVID-19 vaccine and optimism ahead of employment data are boosting stocks as a long holiday weekend of July 4 awaits US investors. But as cities and businesses roll back reopens, some suggest caution with June payrolls (weekly jobless figures are coming, too). Christopher Dembik, head of macroeconomic …
Read More »European stocks and US futures rise above long-awaited jobs data
European stocks and US futures rose early on Thursday as investors anticipated encouraging job data and held on to hopes of a vaccine. Pan-European Stoxx 600 SXXP, + 1.09% It increased 1.3%, following strong gains in Asian markets overnight. The German DAX DAX, + 1.76% The French CAC PX1 rose …
Read More »Stock futures rise after Nasdaq hits record to start Q3
Although the Dow Jones Industrial Average lagged behind with a modest loss on Wednesday, all three major indices are on track for sizable weekly gains. The S&P 500, Dow and Nasdaq Composite are up 3.5%, 2.8% and 4%, respectively, since Friday’s close. US markets will be closed on Friday for …
Read More »Cramer breaks down his favorite shares from a record second quarter
CNBC’s Jim Cramer on Tuesday reviewed the top winning stocks in the past three months after the second quarter, which was defined by the push-pull effects of the pandemic and the ongoing economic recovery, came to an end. “I would say that the most impressive actions from my point of …
Read More »Stock futures remain stable after market hits best quarter in decades
Stock futures fell slightly in trading overnight on Tuesday as the market will start a new quarter after a notable comeback. Dow Jones Industrial Average futures traded about 55 points below. S&P 500 futures and Nasdaq 100 futures fell 0.2% and 0.1%, respectively. Trading volumes were low. The market has …
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