on track for its fifth straight week in the red, a losing streak not seen since mid-2011.Jay Jacobs, head of research and strategy at Global X Funds, says the damage to the economy is getting harder to bounce back from.
Steve Chiavarone, portfolio manager at Federated Investors, says this sell-off is not likely to get as bad as the drop late last year. "There's definitely very near-term impacts — meaning that a lot of things that Tim Cook talked about last quarter, which is that the sentiment towards Apple is positive as they exited the quarter, it's clearly turned negative. He's lucky that this is a low-volume quarter. So let's say China is going to buy 6 million phones, if that gets cut back by 2 million, there's $1.5 billion of revenue that's gone and 15 cents in earnings.
"We do see that there are signs of stabilization. We wouldn't call them green shoots yet, that would be too strong. But we do think the stimulus in the pipeline from China, we think that the fiscal ease that's in the pipeline also in Europe, there's about a four-tenths of a percentage point ease in fiscal policy this year, that will be a positive fiscal impulse. Those things matter for the rest of the world, so we see that we're in a stabilization period.
Slid. Like a 737-800 Max from the sky. Boeing
Caves.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
These stocks have 'compelling' stories, Wall Street analysts sayCNBC combed through Wall Street research over the last week to see which stocks analysts say have the best risk-reward. Enron?
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Wall Street analysts are worried most about these stocks following the US crackdown on HuaweiAnalysts urged clients to adjust their portfolios over Huawei concerns.
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Asia stocks higher following overnight Wall Street gainsShares in Asia were higher in Wednesday morning trade following a positive finish overnight on Wall Street, though trade tensions continued to linger between the U.S. and China. the bumpy ride isn't over yet, if anything it's just getting started.
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Global stocks gain as U.S. eases Huawei restrictionsStocks markets gained on Tuesday, with chipmakers and stocks exposed to Asia amo...
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Stocks making the biggest moves after hours: Pinterest, Nvidia, Applied Materials and moreSee which stocks are posting big moves after the bell on Thursday.
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Steel maker stocks fall after WSJ report a deal to end tariffs on imports from Canada, Mexico was closeSteel maker stocks dropped in midday trade Friday, after The Wall Street Journal reported that U.S. trade negotiators were close to a deal with Canada and...
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Markets Right Now: Stocks drop on trade worriesMARKETS: Stocks are falling on Wall Street as investors again worry about whether the U.S. and China can settle their dispute over trade. trump blew it again. Sad. It was rising til you guys started talkung about it. 🙈🙈🙈
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Stocks climb for third straight day, erasing Monday’s declineStocks marched higher Thursday for the third day in a row, erasing the dive they took Monday on worries about the worsening U.S.-China trade war. Have a very radical liberal friend who texts my wife ever time the market has bad down day, but never anything on up days. This AM, seeing market was up 200+ pts, I suggested to her that she text her that market was up for past 3 days. LOL Said gal never tweeted us when O was in
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European stocks set to open lower as trade fears lingerEuropean stocks are set to open lower Friday as markets monitor the trade war, amid the U.S. administration's bid to blacklist Chinese telecoms giant Huawei and the ruling Chinese Communist Party's newspaper striking a defiant tone. if you check 3d graph they all seem to be moving higher. Open might be lower but we probably bounce. happy_friday
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Stocks slide amid trade worries, Qualcomm leads tech lowerStocks closed lower today as trade worries increased, with the Dow and Nasdaq both closing down about 0.4%. The S&P 500 closed about 0.28% lower. Energy was the worst performer of the day, down 1.6%, while consumer staples traded near 52-week highs. . Great news for the 1%, what about the small guys? Trumpbabies TrumpBabies TrumpBabies TrumpBabies TrumpBabies TrumpBabies Trumpbabies TrumpBabies TrumpBabies Trumpbabies TrumpBabies TrumpBabies TrumpBabies TrumpBabies
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