Stock futures flat as investors await stimulus bill, more earnings

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Stock futures flat as investors await stimulus bill

On Tuesday, all three major averages notched gains. the Dow Jones Industrial Average climbed more than 150 points, for its third straight day of gains. The S&P 500 rose about 0.35%.Arrows pointing outwards

Earning season continues on Wednesday with CVS Health, Humana and closely-watched Moderna reporting before the opening bell. Following the market close on Wednesday, Etsy, Roku and Square report their quarterly results. A slew of economic news comes Wednesday morning that could move stocks. Private payrolls data from ADP will be released at 8:15 am ET and investors will be watching if companies continued to bring back workers from their pandemic furlough in July. Economists polled by Dow Jones are expecting 1 million private workers were added in July, down from the 2.369 million added in June.

The final read on July Services PMI will be released at 9:45 am ET. Economists polled by Dow Jones are expecting a read of 49.6, the same as June. Finally, the ISM nonmanufacturing survey is set to release at 10:00 ET. Economists estimate a red of 55, according to Dow Jones, down from June's read of 57.1.

The Wall Street Journal said Tuesday U.S. trade representative Robert Lighthizer and Chinese Vice Premier Liu will meet in mid-August to discuss the Phase One trade deal between the U.S. and China.for exclusive insights and analysis, and live business day programming from around the world.

 

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Nobody is going to buy anything without confidence that they will have a job 6 months to a year from now.

this is that superficial crap that confuses yall every time later when the market corrects itself back. except when ppl price fix and hide inflation to cover up more fuckups like a big ol ponzi scheme

$spy going to 400 send in that free money Powell!!!

The fed:

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