Chris Davis is so good at picking stocks he made clients $1 billion on a single trade. He breaks down 3 stocks poised to deliver as coronavirus causes market mayhem.
The unemployment figures, although slightly higher than expected, are the latest economic data to show the impact of the coronavirus pandemic on the US. President Donald Trump said this week that data suggest US COVID-19 cases have peaked, and that he would give guidelines to states on how to reopen economies.
"The economy is clearly in a frozen state at the moment and it's very difficult to know with certainty when the wheels of the economy will begin to move again," Hussein Sayed, chief market strategist at FXTM told Business Insider."Such uncertainty makes analysts and strategists' jobs much tougher as many variables remain unknown and cannot be calculated in valuation models.
Investors also looked to earnings reports early Thursday. Morgan Stanley shares also slipped about 1.3% after the bank's earnings were mixed, showing a beat on trading but lower profit than anticipated. Shares of BNY Mellon gained about 1% after beating earnings estimates. Other banks have posted large declines in first-quarter profits, including Goldman Sachs, Citigroup, and JPMorgan.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
European stocks set for negative open as markets weigh global economic impact of virusEuropean markets are gearing up for a negative open on Wednesday, despite the region starting to lift restrictive measures in various countries to allow the economies to gradually restart. US Tesla, Number of Chinese registrations in March surged 5.5 times from the previous month
La source: CNBC - 🏆 12. / 72 Lire la suite »
What life is like in Jackson, Wyoming, the US' most unequal place - Business InsiderWealthy people are flying to Jackson Hole, Wyoming, to shelter in their vacation homes. Here's what life is like in the most unequal place in America, where the 1% makes $16 million a year. Is Rachael E Greenspan going to face punishment for tweeting lies about a black conservative female named Mrs. C. Owens? Rachel Greenspan deserves to be suspended. You are part of the FakeNewsMedia with reporters like rach_greenspan making up lies about RealCandaceO
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Coronavirus: US, Russia, China, UK to sign global truce during pandemic - Business InsiderEmmanuel Macron says the UK, US, and China have already agreed to a global ceasefire amid the coronavirus pandemic. How do you feel about a 10% interest in a resort in Florida? Good News SpanishDan1 No. FRANCE has sought to agree it... TRUMP isn't being consulted
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
eMarketer expects US search ad spending to decline due to the coronavirus - Business InsiderDue to the coronavirus pandemic, eMarketer expects to see US search advertising decline between 8.7% and 14.8% across H1 2020.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
US weekly jobless claims hit 5.2 million as coronavirus layoffs continue - Business Insider'We wiped that out so fast. It's mindboggling,' said Heidi Shierholz, senior economist at the Economic Policy Institute. Well, Trump’s been trying to undo everything Obama did, so... mission accomplished... I guess. Making America Great .... after correcting for disastrous lack of preparation Jobs that will come back when the country reopens.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Ultrawealthy enclaves in the US arranging free testing for residents - Business InsiderWhile the US struggles with coronavirus test shortages, ultrawealthy enclaves are arranging community-level testing for residents
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »