By Jem Bartholomew Close Jem Bartholomew Updated Nov. 5, 2020 8:18 am ET Here’s what we are watching as markets kick into gear Thursday.
—What’s coming up. The Federal Reserve will release a policy statement at 2 p.m. ET, offering their latest view on how the economy is faring. Chairman Jerome Powell is likely to field questions on whether monetary policy can make up for any shortfalls in fiscal spending in coming months at his news conference at 2:30 p.m.
Technology stocks are poised to extend their rally, led by market-heavyweights Apple, Microsoft, Amazon.com, Alphabet, and Facebook. Zynga dropped over 4% offhours. The game maker’s third-quarter revenue and forecast was boosted by two acquisitions, but it still reported a loss.Regeneron Pharmaceuticals climbed 1.7% before the bell. The drugmaker’s third-quarter earnings exceeded analysts’ predictions. The company said it was making progress toward U.S. approval for its experimental Covid-19 treatment.Alibaba Group Holding ‘s American depositary receipts dropped 2.6%.
Make Congress and the Senate sit alphabetically instead of by party. removetheaisle There is precedence for this...It has happened before.
Even with this hype my stock will still be stagnant
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Market is waiting for socialist $$ from Mitch.
WSJ... 🧐🤔 You make it sound like we should expect ANOTHER TECH BUBBLE... 🤯💨
As if Trump didn’t lower corporate taxes with a democratic majority house. 🤣 I love how they change their narratives. 3 days ago “A gridlock would send markets 20% down”.
nice