Stocks Fall Despite Bank Earnings Blowout As Lack Of New Stimulus Weighs On Investor Sentiment

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JPMorgan's chief financial officer said Tuesday morning that the firm remains heavily weighted to economic downside scenarios, as uncertain–especially related to future stimulus–remains high.

Cruise stocks were Tuesday’s among

, with shares of America’s three largest cruise liners falling the most out of any other S&P 500 stocks.The coronavirus pandemic has been a boon for stocks in software, biotech and consumer staples, but it’s been terrible to a bevy of firms reporting this week, particularly in the banking and airline spaces.

 

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This should tell people that the market isn’t about actual business and earnings but on federal reserve policy and things like “stimulus.”

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U.S. stocks open higher despite stalled stimulus talksU.S. stocks opened higher Monday, even as Washington remained deadlocked on another round of fiscal stimulus to boost an economy weakened by the coronavirus....
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S&P, Dow futures ease on J&J vaccine worries; bank, tech stocks shineFutures tied to the Dow and the S&P 500 dipped on Tuesday as investors waited for more information from Johnson & Johnson after it paused its COVID-19 vaccine trials, although upbeat quarterly reports from some of the big U.S. banks capped losses. Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 In Just A Week,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info Markharrisfx Bank and tech stocks shine ,I guess so after Trump and fed dumped trillions on them does like for average American except cause inflation at grocery store, on workers worsening budget crunch under con man trump
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European stocks, U.S. futures edge higher on stimulus hopesEuropean stocks traded higher Monday, helped by hopes of further stimulus on both sides of the Atlantic with the autumn spread of the coronavirus... The market just wants to rally. Much of it new, inexperienced investors. This has nothing to do with stimulus, which should have passed months ago. I detest this excuse for a rally!
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China gains hoist Asian stocks to two-year peakChinese stocks led Asian markets higher on Monday as investors bet on a steady recovery for the world's no. 2 economy, though caution about the fate of U.S. stimulus kept the dollar firm and a central bank policy tweak unwound some of the yuan's gains.
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Stocks creep higher on U.S. stimulus hopes, yuan sinksAsian stock markets began the week with cautious gains on Monday, as investors clung to hopes for U.S. stimulus spending, while the dollar firmed after a Chinese central bank policy tweak unwound some of the yuan's steep gains. What stimulus? Isn’t a stimulus a sign of a failing economy? How is this bullish? Meaning that stocks are hinged on the american public getting bailed out because classical consumerism is at an all time low.
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