Text size Next week is light on both corporate earnings and economic data, but there are some economic numbers to watch. On Monday, IHS Markit releases its July Service Procurement Manager Index for July and its Composite Global PMI, while the Institute for Supply Management releases its non-manufacturing PMI. On …
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The United States received good news Thursday with the rehiring of 4.9 million people in June, but the economy’s two steps forward in May and June could be followed by a step backward in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their economies to …
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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 …
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Moderna’s MRNA shares were lower after a news report said biotechnology was delaying the start of a Phase III trial of its experimental coronavirus vaccine. Shares of the Cambridge, Massachusetts company in the latest check fell 5.4% to $ 58.25. Healthcare website Stat News said Moderna was making changes to …
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But a Wall Street analyst is arguing that the stock could still rise another 66% in the next 12 months to reach $ 2,000. Up to this point Tesla (TSLA) Shares have risen an electrifying 189% this year, fueled in part by a broader rise in the tech sector. Wedbush …
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