The stimulus boost has passed and now the stock market is focused solely on virus developments

  • 📰 CNBC
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Developments around the coronavirus will be the catalyst for stocks in the week ahead, as investors await the onset of earnings season.

The market could drift lower in the week ahead, as investors watch developments around the coronavirus and wait for first quarter earnings season to begin.

New York Stock Exchange building is seen at the Financial District in New York City, United States on March 29, 2020.The stock market enters a four-day week that is the lull before earnings season, but it's the headlines on developments around the spread of the coronavirus that may result in the most volatility.

Oil could be a factor in the week ahead as OPEC and Russia hold an emergency meeting Monday to discuss production cuts.with West Texas Intermediate futures at $28.34 per barrel, its best week ever. President Donald Trump sparked the rally when he said he spoke to Saudi Arabia and Russia and they wanted a deal to cut production.

"We look for 7 million new claims to be reported for the week ended April 4, though obviously the range of uncertainty around this forecast is wide, and a substantial decline is also possible," noted J.P. Morgan economist Jesse Edgerton. The Fed has flooded the markets with liquidity and is ballooning its balance sheet with Treasury and mortgage purchases. Swell said the Fed's programs are helping the markets they've taken aim at including corporate debt, mortgages and commercial paper.First quarter earnings season is scheduled to start in the week after next, and there could be more companies withdrawing guidance between now and then.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

The stimulus will continue but it will not increase consumer spending. We are nowhere near a bottom

Yep the WS white collar Taliban is still busy stealing everyone’s $ as long as they can..computerized organized crime ring..

I think you're just guessing, like everyone else JournalismIsDead

Don’t worry. Another stimulus is coming.

Don’t worry ... more tweets coming down the pipe to distract from that!

Trump inflate oil, us500 , down Jones . Need up , today manipulete with Bad data NFp. This Will up in ASIA MONDAY. See

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Global Stocks Edge Lower as Oil Prices JumpBrent crude, the global gauge of oil prices, jumps over 10% after the news that OPEC and its allies are planning to discuss Monday reducing production by at least 6 million barrels a day 'Low energy prices also may have the impact that years of U.S. sanctions & pressure have not'. National Interest. It impacts fracking, Petro$, 23Tr. Debt, US-China trade. A domino that holds everyone to support USD as a Reserve and cushions us to painlessly run Tr.$ deficits
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »