Futures firm with focus on Fed, earnings rush

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U.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened the mood ahead of a busy week for quarterly earnings reports from companies including Boeing and Apple.

FILE PHOTO: A nearly empty trading floor is seen as preparations are made for the return to trading at the New York Stock Exchange in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid

Trillions of dollars in fiscal and monetary stimulus have been pivotal in bringing the S&P 500 to within 5% of its record high in hit February. Investors are also keeping a close watch on progress over the next round of government aid with less than a week before enhanced unemployment benefits expire.

 

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Stock futures rise slightly ahead of big week of earnings, coronavirus stimulus in focusBig Rally Monday and Tuesday then a nice pull back end of week. I love how these articles come out right before it moves the other direction... it’s comical how all of these writers try to pinpoint the reason why the market moves and what it’s based on.... just say.. the market is going up because of buying... it would be more genuine
Source: CNBC - 🏆 12. / 72 Read more »

Stocks like Procter & Gamble and Dollar General have 'earnings power' analysts sayYour weekend brief: Stocks like Procter & Gamble and Dollar General have 'earnings power' analysts say Pro check this out SaraEisen Pro What happened to your stock price? How can you possibly help innocent victims when you can not help your own company? CNBC sucks Everyone is at home 📈
Source: CNBC - 🏆 12. / 72 Read more »