Supplemental unemployment benefits are scheduled to expire this week, putting pressure on Washington to come up with a replacement for funds that have helped blunt the economic carnage from the shutdowns so far.
"The spread between the Democratic and Republican proposals hasn't closed any," said Art Hogan, chief market strategist at National Securities.The stimulus is only one of the market-moving items hovering over markets this week. Investors are also looking ahead to a high-profile hearing Wednesday with the CEOs of Amazon, Apple, Google and Facebook, as well as a Federal Reserve meeting and the first estimate of second-quarter US growth.
Tuesday's batch of reports was mixed, with Pfizer jumping 4.0 per cent, McDonald's shedding 2.7 per cent and 3M losing 4.9 per cent.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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US stocks tumble amid partisan fight on stimulusNEW YORK (AFP) - Wall Street stocks tumbled on Tuesday (July 28) following mixed earnings, and as legislators in Washington appeared far apart on another round of fiscal support for the coronavirus-battered economy.. Read more at straitstimes.com.
مصدر: The Straits Times - 🏆 8. / 63 اقرأ أكثر »
Global stocks on defensive as US-China tensions spook investorsU.S. stock futures slipped and Asian shares came under pressure in early Monday trade as tit-for-tat consulate closures in China and the United ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »
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مصدر: The Straits Times - 🏆 8. / 63 اقرأ أكثر »
Tokyo: Stocks open lower amid US-China tensions[TOKYO] Tokyo stocks opened lower on Monday, playing catch-up after a four-day weekend, with global risk aversion on intensifying China-US tensions. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »
Asian stocks set to rise on US stimulus hopes, gold hits recordAsian equities were set for a modest rise on Tuesday as investors weighed progress in U.S. government stimulus efforts against rising tensions ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »