Stocks were slightly lower in the early going Tuesday as investors focused on talks between Republicans and Democrats on a second coronavirus aid package and a deluge of second-quarter corporate results.
What’s driving the market? Senate Republicans on Monday unveiled a roughly $1 trillion coronavirus relief package, kicking off negotiations with Democrats over a package with some data suggesting the U.S. economic recovery is stalling. Analysts said the added jobless benefits have been credited with helping to cushion the economic blow of the COVID-19 pandemic.
On the vaccine front, Moderna Inc. MRNA, +3.07% kicked off its late-stage trial while Pfizer Inc PFE, +1.63% and BioNTech BNTX, +1.45% entered late-stage trials of their candidates also. The Case-Shiller home price index for May rose 3.7% on an annual basis in May. A reading on consumer confidence for July is due at 10 a.m. Eastern.
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:
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.
Asia Pacific stocks set for mixed start as investors watch coronavirus developmentsStocks in Asia Pacific were set for a mixed start as investors continue to monitor developments on the coronavirus front. If someone is in the game of long term wealth creation, these are exactly the kind of headlines you should stay away from. Invest regularly at relatively lower prices, keep doing it for years, reap great returns lifelong - that what will get you to financialindependence FI
Source: CNBC - 🏆 12. / 72 Read more »
12 All-Weather Stocks That Could Thrive After CoronavirusPortfolios that have focused on capital expenditures and research and development have outperformed the S&P 500 by almost 5 percentage points.
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks set for mixed open as investors monitor U.S. stimulus hopes, coronavirus casesEuropean stocks are heading for a mixed open on Tuesday as signs of progress on fresh U.S. government stimulus efforts weigh off against concerns about a burgeoning coronavirus resurgence worldwide.
Source: CNBC - 🏆 12. / 72 Read more »
Gold Touches New Record as Global Stocks Edge HigherThe precious metal has been buoyed by a gloomy global economic outlook, falling interest rates, rising U.S.-China tensions and a weakening of the dollar. Yes, I was looking for the lost brick, thanks for returning it.
Source: WSJ - 🏆 98. / 63 Read more »
European shares edge higher, luxury stocks dampened by weak resultsEuropean stocks inched higher on Tuesday as investors held out for more U.S. stimulus to limit the economic damage of the COVID-19 pandemic, brushing aside the latest batch of underwhelming quarterly earnings reports from luxury goods makers. that's why I invested in a pug. He has a unique return cause the little fucker's smile is priceless when he perceives the world with the wonder of cousin eddy seeing wayne newton's hair.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks to buy, 26 companies poised to benefit from a weaker dollar: GS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I want to crush the market
Source: BusinessInsider - 🏆 729. / 51 Read more »