Stock futures flat as investors await earnings season kickoff

  • 📰 CNBC
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Third quarter earnings season kicks off on Tuesday with reports from JPMorgan, Citigroup and Delta Air Lines.

On Monday, investors rotated out of cyclicals and into technology names after little updates on a fiscal aid package were revealed. The Dow Jones Industrial Average climbed 250 points and the S&P 500 gained 1.64%, both helped by a 6.4% jump in Apple's stock., which was pushed to October due to Covid-19, occurs on Tuesday and the company is expected to launch its first ever 5G iPhone.

With technology stocks leading the way, the Nasdaq Composite gained 2.56% on Tuesday, for its best day since September 9. Investors also weighed the possibility of a second coronavirus relief package from Washington. Over the weekend, the Trump administration called on Congress to pass a smaller $1.8 billion coronavirus relief bill as negotiations on a bigger package continue to run into roadblocks. However, House Speaker Nancy Pelosi In a letter to"This hardly seems about 'stimulus' anymore," Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.

"Recently, the stock market has been rising whether news surrounding an additional stimulus package is good or bad, suggesting stocks are already responding to what will likely prove to be a wonderful quarterly earnings season," Paulsen added.

 

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

The trillions in losses coming in the next few years is not going to be fun. COVID or any virus doesn’t care about productivity or profits.

No Republicans have made the Stock market go up & stay! Why; because Republicans do not care about working-investors! Wealthy can afford to sell in bad news; small investors cannot! Now all the big money is in the MKT they sell; big dummies. I think it going Down!

Repubs & DT helped wealthiest; NOT WORKERS! What do workers need; MORE MONEY & BENEFITS; Republs & Trump know U do! Don’t care voters believe words. US workers are lied 2; they get NOTHING from DT. He finger point & lies! DT is pres why R workers suffering? Stop being fools!

Roll trump and earnest business will kick off again like it's the super-bowl. If it weren't for his father he wouldn't have a pot to piss in. All he has ever had to do is manage his inheritance and keep the business ties his dad made intact.

a big manipulator , JP morgan, citi , wellsfrago , softbank V is ready

That's Jim Cramer🔎 Gig 📈💸👍❗

They just opened

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Third-quarter earnings season kicks off this week and results should be much better than expectedOf the 22 S&P 500 companies that already reported, 20 beat estimates, a much higher beat rate than usual. Of course they will! If my old sales manager set my goals like Wall Street analysts set expectations, I would have blow away my quota every quarter.
Source: CNBC - 🏆 12. / 72 Read more »

Stock picks to buy, companies with best profit growth: Goldman Sachs - 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. Can anyone list out here what are these 15 stocks? Can anyone list out here what are these 15 stocks?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Next stock market crash: BofA sees big S&P 500 top coming in Q4 - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »