all posted far-better-than-expected profit results Thursday evening that showed even one of the worst pandemics in the modern era has yet to have a material impact on their bottom lines. Apple, which blew past both overall and iPhone sales expectations, saw its shares rise more than 10% on Friday.stock, however, lagged the rest of the mega-cap tech names Friday after posting a decline in revenues for the first time in the company's history.
The major equity averages ended July with solid gains and posted their fourth straight positive month. The S&P 500 gained 5.5% in July, while the Dow and the Nasdaq Composite rose 2.3% and 6.8%, respectively. "Increased unemployment claims and decreasing consumer confidence show some deterioration of the U.S. consumer backdrop," wrote Dennis DeBusschere, market strategist at Evercore ISI.
Republican and Democratic lawmakers remain at a standstill over some components of the next coronavirus relief legislation.is the federal boost to unemployment assistance, which was set at $600 per week in March but recently expired. While the White House has come out in favor of reducing the federal assistance to $200 a week, Democrats have called for keeping it at the $600 level.
Broad market rally?
And then there were 3
Buy Buy Buy till they put you on a vent
😂
Buy Buy Buy!!! As long as FakeMoney, aka, currency is created, buy. Where else is currency going to end up?
LiveSquawk CNBC clowns
let me disagree with this ;)
Members of congress receive $3,346.15 PER WEEK, from us. Republican members of congress are begrudging Americans $600 a month during the coronavirus disaster white they rake in $13,384 a month for working part time.
LiveSquawk Lol
Me going to check... .09% 😔😂😂😂
Rise ? You better double check it .
LiveSquawk Script leaked?
Tomorrow morning “Stocks tank as stimulus talks stall”
LiveSquawk not sure what you are watching.. they are small in the red and have only gone one way since the open ...lower !
Big Oyl stocks gonna soar tomorrow
LiveSquawk As far as i can tell $es_f is red right now. Do you have more information what's going to happen overnight then we do?
LiveSquawk Check again
They look pretty red to me.
rise my ass :). prepare for a nice ride from lalaland back down to earth.
LiveSquawk It’s drilling..
LiveSquawk Honestly CNBC. You need to hire some better journalists... the ones you have are actually clowns
Stocks only go up !! Tell them bar stool boy !! Tell the suits !!
LiveSquawk Spy to 400 and we’re Gucci 📈
LiveSquawk S&P 500 futures and Nasdaq futures were down at the time of CNBC's tweet and remain down at the time of my comment. Are you even trying any more?
Futures ignored the US credit downgrade that happened at Friday’s market close.
LiveSquawk 😂😂😂😂. This tweet didn’t age well yet
Plunge Protection Team buying US stock futures with phony money conjured up out of thin air.
Not really, but let's wait. We are just 10 minutes in.
Do futures ever falter? It seems like they only ever go up.
They haven’t heard what MoscowMitchMcTreason said apparently.
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Source: BusinessInsider - 🏆 729. / 51 Read more »