News Formal

Stimulus bets boost Wall St. ahead of busy earnings week

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

U.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened ...

REUTERS: U.S. stocks rebounded on Monday as investors shrugged off surging COVID-19 cases and U.S.-China tensions, betting instead on more stimulus to revive a battered domestic economy ahead of a week packed with quarterly earnings reports.

Investors are also keeping a close watch on progress over the next round of government aid ahead of enhanced unemployment benefits set to expire on Friday. "I don't think we're going to see a slowdown in technology. There was some profit taking due to high valuations, but I don't see them going away anytime soon."

Investors will get the first glimpse of the second-quarter U.S. GDP report on Thursday, which is likely to show the economy contracted by a record 34.1per cent.

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:

 /  🏆 6. in CA
 

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

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.

Stimulus, dovish Fed bets set to lift Wall St. ahead of earnings rushU.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Stimulus, dovish Fed bets set to lift Wall St. ahead of earnings rushU.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Futures firm with focus on Fed, earnings rushU.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Seoul: Stocks jump on stimulus hopes, Samsung Elec leads gain[SEOUL] South Korean shares soared more than 1 per cent on Monday, with Samsung Electronics leading gains, as sentiment was boosted on hopes of a coronavirus relief package in the United States. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »