Wearing a mask has become a unique problem in the US, which is in the midst of a coronavirus crisis that seems to be out of control every day. However, a recent Goldman Sachs report projects that the lack of a national policy requiring the use of facial coatings across …
Read More »JP Morgan is betting that these stocks will dominate as an uncertain second half of the year approaches
Stocks falter on the last trading day of the quarter, as the World Health Organization warns that “the worst is yet to come” with COVID-19. But up to 16% and 18% respectively, the Dow DJIA, + 2.32% and S&P 500 SPX, + 1.46% They are poised for the best three-month …
Read More »The Nasdaq is not only outperforming the Dow and S&P 500, but it is having one of its best first halves against its stock market peers.
The chasm between the Nasdaq Compound and its rival benchmarks in the first half of 2020 has been very similar between Olympic sprinter Usain Bolt and everyone else in the world. The tech-laden index has enjoyed a growing advantage between itself and the Dow Jones Industrial Average USA: DJIA and …
Read More »Pending home sales had a historic rebound in May, meaning the worst may have already come for the property market
The counts: After two consecutive months of decline, the pending home sales index soared 44.3% in May compared to April, the National Association of Realtors said on Monday. The monthly increase was the largest since the National Association of Real Estate Agents began the index in January 2001. “This has …
Read More »Dow futures are on the rise to start the week shortened by holidays, even as global coronavirus cases exceed 10 million
US stock index futures on Monday signaled a slightly higher open even as data over the weekend highlighted the persistence of the coronavirus at hotspots, including Florida, Texas and California, fueling concerns about economic prospects. Financial markets in the US will be closed on Friday in compliance with the July …
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