Stocks close lower for a third day amid concern over U.S. stimulus, Europe coronavirus spike

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Stocks close lower for a 3rd day amid concern over U.S. stimulus and Europe's coronavirus spike.

"We're two-and-a-half weeks away from the election, so we're expecting ongoing volatility," said James Ragan, director of wealth management research at D.A. Davidson. "We're advising our clients to stick with quality names and stay diversified."

The uncertainty over new U.S. fiscal aid and disappointing economic data, along with the spike in coronavirus cases in Europe, came as investors waded through a slew of corporate earnings results.$1.66 per share, exceeding the $1.28 estimate of analysts surveyed by Refinitiv. It generated revenue of $11.7 billion on the back of strong trading, a billion dollars more than the estimate. Shares of Morgan Stanley rose 1.3%.

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Liberal David Faber! So biased

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If Biden wins, the market will tank and a low tide will lower all boats. Change my mind

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CrookedJoeBiden

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As noted no stimulus for anyone

ClosingBell Disappointing

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A few weeks ago, apparently the 💵 was being devalued long-term, and we were advised to look at European stocks. now, COVID__19 is shutting down Europe. Something weird is going on with stocks there. $FEZ moved below it’s 20-day EMA, while also moving above it’s 200-day EMA.

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Stock market is now a casino. The FED made sure of that. Almost back to 1M weekly unemployment and S&P down 0.15% 🤣

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Cruise Stocks Are Sinking–Again–After Royal Caribbean Reveals It’s Raising A $1 Billion LifelineAmerica's three largest cruise lines made up Tuesday's worst-performing S&P 500 stocks. Dramatik
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Stocks Fall Despite Bank Earnings Blowout As Lack Of New Stimulus Weighs On Investor SentimentJPMorgan's chief financial officer said Tuesday morning that the firm remains heavily weighted to economic downside scenarios, as uncertain–especially related to future stimulus–remains high. nothing is truly enlightening then the marketplace of cut throat, so called 'capitalists', who won't play ball unless we bail them out. They can't run their free enterprise without our bailouts. Is that the opposite of capitalism? We get no equity for this, just the debt...absurd The investors are losing steam... Confidence is low... Food bank demand high .... Those are the real reasons mmpadellan your boy realDonaldTrump keeps on fucking up
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