U.S. stock and bond markets are closed on Monday for Labor Day. Lululemon Athletica and Slack Technologies report earnings on Tuesday once they reopen. Then on Wednesday, Navistar International and Zscaler report, followed by Chewy, Oracle, and Peloton Interactive on Thursday. Finally, Kroger releases results on Friday.
Investors will also be paying attention to monetary policy news from abroad. On Thursday, the European Central Bank announces a monetary-policy decision, with economists forecasting a steady benchmark interest rate at negative 0.5%. On Wednesday, the Bank of Canada is likewise expected to stand pat, holding its target rate at 0.25%.An eighth round of Brexit talks between United Kingdom and European Union negotiators takes place in London.
The Bank of Canada announces its monetary-policy decision. Since cutting its key short-term interest rate three times in March, from 1.75% to a record-low 0.25%, the central bank has stood pat. It is expected to keep rates at this level through at least the end of 2021 to help stabilize the economy, which shrank at an annualized rate of 38.7% in the second quarter.
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:
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 like Peloton and Lululemon just scored street-high price targets from top analystsCNBC used TipRanks analyst ranking service to pinpoint Wall Street's best-performing analysts, like Peloton and Lululemon.
Source: CNBC - 🏆 12. / 72 Read more »
European stocks rise, diverging from U.S. tech fearsEuropean stocks advanced on Monday, diverging from the U.S. after a rough week in markets.
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks rally, diverging from U.S. tech slumpEuropean stocks advanced on Monday, diverging from the U.S. after a rough week in markets. Heck yea gotta love those European green opens
Source: MarketWatch - 🏆 3. / 97 Read more »
This ‘Nasdaq whale’ may have helped trigger the stock-market’s brutal routThe trigger for a seismic stock-market slump Thursday and Friday that has erased weeks of gains for a frothy U.S. stock market, may have been embattled... Little bounce early next week, and then the big sell-off. Get ready no no no. they’re an insignificant fraction of the names they’re in - let alone the market but the fake fear is welcomed. a great contrarian signal to power the market higher No, you have to blame a bunch of Robin Hood teenagers with $300 worth accounts, for a $4 billion tech bubble.
Source: MarketWatch - 🏆 3. / 97 Read more »
Global Stocks Mixed as Investors Weigh Tech ResilienceGlobal stocks were mixed after wild swings in tech shares dragged markets lower last week. U.S. stock trading is closed for the Labor Day holiday. Today's news will impact share price significantly Earn with the THE WORLD FOREX EXPERT TRADERS the best binary and Forex platform , i made $10, 000 within a week with just $1500 investment I never believed it's real till I gave it a try Contact the admin Mr Abrantes Rene via Twitter 👇👇👇 abrantesrene
Source: WSJ - 🏆 98. / 63 Read more »