Stock futures were flat in overnight trading following a big rally in the previous session fueled by optimism that the coronavirus outbreak is improving in the U.S.
The tech heavy Nasdaq Composite rose 4%, led by Amazon, which notched an all-time high as investors bet on increased demand amid the nationwide shutdown. The Nasdaq is less than 14% from its 52- week high on February 19. Still, the dismal earnings ahead from U.S. companies grappling with the coronavirus shutdown could spook investors. Analysts expect S&P 500 earnings growth to decline 10.2% in the first quarter year-over-year, according to Refinitiv.
It’s been open for 3 fucking mins when you posted this.
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Here's what happened to the stock market on TuesdayStocks got a boost as investors cheered the apparent progress on the coronavirus front. Such a joke... lookout cause this ain’t gonna last people.. can the money printer switch to making masks?
Source: CNBC - 🏆 12. / 72 Read more »
Investors are scouting an unlikely corner of the stock market: Indian private sector banksBig bank stocks in India are falling like nine pins. Some investors believe that the gloominess might be overdone. 👍 They have some great ones! Banking is risky business all heartless shareholders should take the smooth and the rough
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Fall as Investors Digest Oil DealS&P 500 futures retreated more than 1%, as investors weighed the impact of an agreement to withhold a record amount of crude from markets, with global demand weakened by the coronavirus pandemic. What does the Coronavirus do to you? ❓❓❓❓what are the symptoms of CoronavirusOutbreak... Maybe they should have eaten smaller portions AHAHAHAHAHAHAHHAHAA GET IT WALL STREET JOURNAL, BECAUSE YOU SAID DIGESTED I HAD YOUR NEWSPAPERS COME TO MY HOUSE FOR A WHILE AND NOW I CAN’T UNFEEL THEIR TEXTURE FROM THE IMPRINTS OF MY FINGERPRINT SKIN F...k stocks. They are artificial stuff.
Source: WSJ - 🏆 98. / 63 Read more »
Oil agreement could support stocks, providing a floorAn agreement by oil producing nations to cut output by a record amount may sustain a recent bounce in stocks, though stay-at-home restrictions and closures tied to the coronavirus pandemic continue to weigh on the global economy. Or not, just saying. Me gustaría saber el precio que pagará México a Donald Trump por el capricho descabellado de López Obrador.
Source: Reuters - 🏆 2. / 97 Read more »