S&P, Dow futures ease on J&J vaccine worries; bank, tech stocks shine

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Futures 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.

FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri

A rally in technology heavyweights and hopes of more U.S. fiscal stimulus led Wall Street’s main indexes higher on Monday, putting the benchmark S&P 500 and the tech-heavy Nasdaq within striking distance of their record highs hit in September. Bank stocks, on the other hand, have widely underperformed the broader market in 2020 and analysts expect the sector’s earnings to take years to make a full recovery as interest rates remain near record lows.

 

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

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

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

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market live updates: Dow up 250, coronavirus aid talks continue, Apple jumpsStock market live updates: Dow up, coronavirus aid talks continue, Apple jumps That is what jail is for. Jail is a humane place to place humans who are a danger to society where they can't access media any more. He and his won't stop until made to do so. Ever. Arrest is the most humane thing we could do to them. TrumpCrimeFamilyForPrison Jim Cramer is a hack. firejimcramer
Source: CNBC - 🏆 12. / 72 Read more »

Dow Jumps 250 Points As Trump Touts Stocks As ‘Greatest Leading Indicator Of Them All’The Dow jumped 250 points today as Trump touts stocks as the 'greatest leading indicator of them all' Proving once again how out of touch he is Only 52% of American own stocks. What about the rest of the nation Clueless It’s going up because Biden is favourite 🤣
Source: Forbes - 🏆 394. / 53 Read more »

5 things to know before the stock market opens TuesdayU.S. stock futures were mixed Tuesday as banks began reporting quarterly earnings. Early voting has started in Texas! We can do this y’all! Change is in the air! Used cars! Deep dive, not just a bunch of trump stooges spouting propaganda
Source: CNBC - 🏆 12. / 72 Read more »