News Formal

Futures jump with focus on earnings, easing of lockdowns

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

United States News News

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

U.S. stock index futures rose on Tuesday after a round of quarterly earnings reports brought upbeat signs from Pfizer and respiratory mask-maker 3M for investors increasingly hopeful of a relaunch of business across the economy.

“This is going to be an important test for the market as lots of businesses moved online following the lockdown,” said Andrea Cicione, head of strategy at TS Lombard in London.

Wall Street has recovered more than 30% from its March lows, rescued by official stimulus efforts and, more recently, by signs states were moving to let businesses reopen after a near total halt in activity. Consumer confidence figures for April due later in the day are expected to slide further from near three-year lows hit in March, as widespread production halts put millions of Americans out of work.

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:

 /  🏆 2. in US
 

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

abolish the stock market

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.

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 »

Asia stocks set to rise as Wall Street jumps on lockdown easing hopesAsian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment, despite another decline in oil prices. NEW: Canada reports 1,605 new cases of coronavirus and 147 new deaths. A total of 48,500 cases and 2,707 deaths. Cut China from The US financial system. Expel Chinese students. No Chinese tourist visas. 100% tariffs on Chinese goods. Sanctions and assets frozen.
Source: Reuters - 🏆 2. / 97 Read more »