News Formal

Wall Street see-saws as investors weigh mixed earnings, stimulus prospects

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

U.S. stock indexes traded mixed and in a narrow range on Wednesday as investors digested mixed quarterly results, stimulus negotiations in Washington and simmering U.S.-China tensions.

FILE PHOTO: A nearly empty trading floor is seen as preparations are made for the return to trading at the New York Stock Exchange in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid

The S&P 500 remains positive territory year-to-date, up nearly 1%. The Nasdaq has gained more than 18% since Jan. 1, while the Dow remains down almost 6%. The latest figures showed more than 1,000 deaths in the United States from COVID-19 on Tuesday, bringing the total death toll to nearly 142,000. Experts warned that number will rise further due to a surge in new infections.

“Talk of a big stimulus package is sending jitters through the market because of the swelling deficit,” Ghriskey added. “On the other hand stimulus package benefits the economy and we all know this economy needs help during this pandemic.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This market feels happy, and it's going to stay happy until it doesn't.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These are the Nasdaq stocks Wall Street thinks can move higher after earnings seasonNew for subscribers: These are the Nasdaq stocks Wall Street thinks can move higher after earnings season Check out CNBCPro for a free trial. Pro How do I block your “free trial” ads? Please help, thanks.
Source: CNBC - 🏆 12. / 72 Read more »

Banks and energy firms lead stocks higher on Wall StreetStocks on Wall Street closed mostly higher Tuesday despite a late stumble that nearly wiped out the market's gains for the day. elon & tesla really leadin tho
Source: latimes - 🏆 11. / 82 Read more »