What to watch today: Dow set to jump at open as earnings seasons kicks off

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. stock futures point to a strong advance for the Dow at Tuesday's open as JPMorgan and J&J kick off earnings season.

, kicked off earnings season before the bell Tuesday. The impact of the virus on business might be somewhat muted as state stay-at-home orders were taking effect towards the end of the January-to-March quarter. during the surge in market volatility in the first quarter.

The company reported a worse-than-expected 78 cents per share as it added $6.8 billion to loan loss provisions. Shares of J&J were up about 3% in premarket trading after the company reported better-than-expected adjusted earnings of $2.30 per share in the first quarter on better-than-expected revenue of nearly $20.7 billion. The U.S. drug giant raised its quarterly dividend.

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:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The bottom was hit and the markets are rational and stable again. Good time to buy, get in on it!

QE AND BUYING PROGRAM HAS BEEN REALLY GOOD FOR WALL STREET NOT THE REST OF THE NATION.

As earnings season kicks off, 15 million people file for unemployment. Dow set to jump. Who wants to take a leap of faith?

Seems like Wall Street has forgotten to carry a (-) somewhere in the equation

U.S. Constitution Article 1 Section 10: 'No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but GOLD and SILVER Coin a Tender in Payment of Debts.'

Wall Street is so messed up, so for the next few months the stocks that are going to Rally are the ones that didn't lose as much as we expected them to.

BASED ON WHAT REALISTIC BUSINESS FUNDAMENTALS ? Oh yeah that’s right...biz fundamentals don’t matter

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow slips 300 points as investors brace for first earnings season under coronavirus | Markets InsiderUS stocks slid on Monday after the S&P 500 completed its best weekly gain since 1974. Investors worry about the earnings reports set to detail the extent of the coronavirus' hit to corporate profits. A safe vaccine is thought to be 12 to 18 months away, while who emergencies director...COVID2019 coronavirus Hydroxycloroquine Points are pointless. What's the %?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market live Monday: Dow down 1%, Nasdaq green, Netflix surges“I think the market’s a little bit ahead of the economic fundamentals at the present time,” billionaire investor Leon Cooperman said today. Uhh ya think? Market is trading at 2022 levels at the earliest Exactly Shhhh don’t tell them!
Source: CNBC - 🏆 12. / 72 Read more »

Dow, S&P 500 slide as focus shifts to earnings; Nasdaq gainsThe Dow and S&P 500 fell on Monday as U.S. companies prepared to kick off a quarterly earnings season expected to be rough due to the coronavirus pandemic, while Amazon.com gains helped the Nasdaq end higher. Economic downfall is the biggest impact of the pandemic Latest updates | cases per million population👇 COVID2019 lockdowneffect What's coronavirus?
Source: Reuters - 🏆 2. / 97 Read more »

Futures flat as investors brace for a tough earnings season amid coronavirus crisisEarnings season is set to kick off on Tuesday with JPMorgan Chase, Wells Fargo and Johnson & Johnson reporting numbers in the morning. Which future? One which opened 5 mins ago? Not all companies’ earnings will be bad ... stop with the dramatics !
Source: CNBC - 🏆 12. / 72 Read more »