5 things to know before the stock market opens Tuesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Stocks are set to advance as Dow stocks 3M, Caterpillar and Pfizer rise on earnings and U.S. oil prices come off their lows.

as more states lay out plans to begin to relax coronavirus restrictions.

With just days left in April, the Dow was up over 10%, tracking to break a three-month losing streak with its best monthly performance since October 2002. Thewas up more than 11% in April, also pacing to snap a three-month losing streak and with its best monthly performance since January 1987. As of Monday's close, the S&P 500 was about 15% from its February all-time high and over 30% above its March coronavirus low.

as demand for safety equipment and cleaning products spiked during the pandemic. The maker of N95 medical masks reported adjusted earnings per share of $2.16 on revenue of $8.1 billion. It withdrew guidance due to uncertainty surrounding the coronavirus crisis. Caterpillar shares rose Tuesday despite the heavy equipment maker reporting first-quarter earnings and revenue that

Caterpillar issued adjusted profit of $1.60 per share on revenue of $10.6 billion. It did not offer any outlook because of the virus outbreak.

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 US
 

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

United States United States Latest News, United States United States Headlines

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

A lot of negativity has already been priced into energy stocks, traders sayEnergy is the only S&P 500 sector that finished last week in the green, and traders say it could mean the worst of the weakness is behind the group. TradingNation '...priced in...' TradingNation VXRT is my stock pick. On the rise for sure to come through for covid vaccine.
Source: CNBC - 🏆 12. / 72 Read more »

Global stocks jump on Bank of Japan stimulus, hope of lockdowns easing - Business InsiderEuropean and Asian stocks and US futures rose on Monday, driven by the promise of government support and economic recovery.
Source: BusinessInsider - 🏆 729. / 51 Read more »

European stocks jump at the open; Deutsche Bank surges on earnings newsEuropean stocks rose on Monday, as investors positioned for more central bank action and announcements of economies reopening. The Stoxx Europe 600 undefined... I got my fingers on .IT
Source: MarketWatch - 🏆 3. / 97 Read more »

Asia Pacific stocks set to rise as Bank of Japan meetsThe Bank of Japan is set to begin its monetary policy meeting on Monday, as investors watch for policy moves from the central bank to grapple with the economic impact of the ongoing coronavirus pandemic.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks rise as governments look at reopening economiesStocks rallied worldwide Monday as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of the coronavirus pandemic. This is going to backfire with thousands of extra deaths or more. Science trumps politics. If politicians could fly to the moon they would have done it 2000 years ago. They couldn't. Scientist had to do it.
Source: latimes - 🏆 11. / 82 Read more »

Katie Price stocks up on incontinence pants on trip to Tesco with hunky trainerFormer glamour Katie Price was pictured heading to the supermarket with her trainer Al Warrell to stock up on essentials You need to delete this tweet. It’s disgusting. Embarrassing tweet. Who cares
Source: Mirror Celeb - 🏆 476. / 51 Read more »