Stocks close lower for a third day amid concern over U.S. stimulus, Europe coronavirus spike

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks close lower for a 3rd day amid concern over U.S. stimulus and Europe's coronavirus spike.

"We're two-and-a-half weeks away from the election, so we're expecting ongoing volatility," said James Ragan, director of wealth management research at D.A. Davidson. "We're advising our clients to stick with quality names and stay diversified."

The uncertainty over new U.S. fiscal aid and disappointing economic data, along with the spike in coronavirus cases in Europe, came as investors waded through a slew of corporate earnings results.$1.66 per share, exceeding the $1.28 estimate of analysts surveyed by Refinitiv. It generated revenue of $11.7 billion on the back of strong trading, a billion dollars more than the estimate. Shares of Morgan Stanley rose 1.3%.

 

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

I like the new Pizza Hut pizza that is made with diapers

Liberal David Faber! So biased

Hello, please check out my gig if you need any kind of graphic design.

Armenia and Armenians are terrorists

If Biden wins, the market will tank and a low tide will lower all boats. Change my mind

Armenia and Armenians are terrorists

Cool, so dont need any baliouts then

CrookedJoeBiden

PUTs go brrrrr

As noted no stimulus for anyone

ClosingBell Disappointing

Isn’t it ironic that the zoom CFO call has horrible quality!

A few weeks ago, apparently the 💵 was being devalued long-term, and we were advised to look at European stocks. now, COVID__19 is shutting down Europe. Something weird is going on with stocks there. $FEZ moved below it’s 20-day EMA, while also moving above it’s 200-day EMA.

Why write trash Where all is up . Jpmorgan, citi , golman softbank want rally . Trump ir Biden is only play . End game

The shareholder class is getting devastated. Time to innovate our processes and ensure those capital gains.

Stock market is now a casino. The FED made sure of that. Almost back to 1M weekly unemployment and S&P down 0.15% 🤣

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.

Japan stocks set to trade lower as investors await speech from China's XiChinese President Xi Jinping is set to deliver a speech in Shenzhen on Wednesday, according to state media. That comes as the Shenzhen Special Economic Zone celebrates the 40th anniversary of its establishment.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Stocks lower, Mnuchin and Pelosi to meet, Covid-19 cases riseThis is CNBC's markets live blog that will be updated throughout the day. Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 In Just A Week,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info chaneljabbour1
Source: CNBC - 🏆 12. / 72 Read more »

Stocks Fall Despite Bank Earnings Blowout As Lack Of New Stimulus Weighs On Investor SentimentJPMorgan's chief financial officer said Tuesday morning that the firm remains heavily weighted to economic downside scenarios, as uncertain–especially related to future stimulus–remains high. Democrats and Republicans are harming America right now This should tell people that the market isn’t about actual business and earnings but on federal reserve policy and things like “stimulus.”
Source: Forbes - 🏆 394. / 53 Read more »

Cruise Stocks Are Sinking–Again–After Royal Caribbean Reveals It’s Raising A $1 Billion LifelineAmerica's three largest cruise lines made up Tuesday's worst-performing S&P 500 stocks. Dramatik
Source: Forbes - 🏆 394. / 53 Read more »

Stocks Fall Despite Bank Earnings Blowout As Lack Of New Stimulus Weighs On Investor SentimentJPMorgan's chief financial officer said Tuesday morning that the firm remains heavily weighted to economic downside scenarios, as uncertain–especially related to future stimulus–remains high. nothing is truly enlightening then the marketplace of cut throat, so called 'capitalists', who won't play ball unless we bail them out. They can't run their free enterprise without our bailouts. Is that the opposite of capitalism? We get no equity for this, just the debt...absurd The investors are losing steam... Confidence is low... Food bank demand high .... Those are the real reasons mmpadellan your boy realDonaldTrump keeps on fucking up
Source: Forbes - 🏆 394. / 53 Read more »