Wall Street stocks end at records as oil prices fall

  • 📰 eNCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Investors are geared up for a heady earnings season, beginning Tuesday with reports from JPMorgan Chase and Goldman Sachs.

The period is expected to be the second-strongest quarter in the last 25 years, according to CFRA Research's Sam Stovall.

"We're reminded of the old market saying, 'buy the rumour, sell the news,'" DataTrek said in a note."The first bit is happening right now. We will shortly see how the second part plays out." Federal Reserve boss Jerome Powell is to deliver a policy report to US lawmakers this week, which will be closely watched for clues on the central bank's timeframe for shifting from a highly stimulative monetary policy.

 

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

 /  🏆 49. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines