The Dow and S&P 500 hit record highs despite the number of coronavirus cases increasing. However, some investors took solace in the fact that the number of new confirmed cases has declined to its lowest level since late January. Meanwhile, strong earnings from companies such
lifted sentiment as well. "We have been saying that future stock gains would require P/E multiple expansion," said Nick Raich, CEO of The Earnings Scout. "That is exactly what is happening."
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:
Save some time and write QE...everyday
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
5 things to know before the stock market opens WednesdayU.S. stock futures were pointing to a higher Wall Street open on Wednesday as shares of companies impacted by the coronavirus rebounded
Source: CNBC - 🏆 12. / 72 Read more »
As market teeters on exhaustion, here’s why value stocks are still stuck in the mudThe other curious part of the market is the continued terrible performance of value stocks. Here’s one explanation.
Source: MarketWatch - 🏆 3. / 97 Read more »
Sprint Stock Soars 77% On T-Mobile Merger, Here’s Why One Expert Thinks It Could Keep SurgingSprint gained $15 billion in market value after its stock jumped on the merger news. So does this mean my plan will get more expensive? I love Sprint
Source: Forbes - 🏆 394. / 53 Read more »
Sprint Stock Soars 77% On T-Mobile Merger, Here’s Why One Expert Thinks It Could Keep SurgingSprint's stock increased 77% on the T-Mobile merger, here’s why 1 expert thinks it could keep surging: by skleb1234 skleb1234 T-Mobile is better
Source: Forbes - 🏆 394. / 53 Read more »