What to watch today: Stocks set to rally again, tracking to break three-month losing streak

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • 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.

the American benchmark, could crash and possibly go negative like the May contract did earlier this month on demand and shortage scarcity.

'The Federal Reserve, after unleashing its most aggressive programs ever to support markets and the economy, Tuesday. The Fed is likely to pause any additional initiatives during the coronavirus crisis until it has more information about how those moves are working and what lies ahead. the economy could take one to two years to rebound to full strength with the central bank and Congress having to commit trillions of dollars more along the way. Despite the massive coronavirus relief, respondents still see the unemployment rate peaking in August at 19%.

 

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

$ZNGA

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

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.

Stocks making the biggest moves in the premarket: 3M, Caterpillar, Pfizer, PepsiCo, Merck & moreThe stocks making the biggest moves in premarket trading include 3M, Caterpillar, Pfizer, PepsiCo, Merck, and more.
Source: CNBC - 🏆 12. / 72 Read more »

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 »