Stimulus bets boost Wall St. ahead of busy earnings week

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.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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 ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

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 ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

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 ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

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.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »