Investors are encouraged by the U.S. Food and Drug Association authorizing the use of blood plasma recovered from coronavirus patients as a treatment option, and a drop in Hong Kong's new virus cases.
As investors mentally prepare for the coming 70+ days of political muckraking to be had leading up to the 2020 presidential election, we suspect this week’s finish for U.S. equities will be influenced by details contained within the IHS Markit Flash August PMI readings
In the July meeting minutes, the Fed shared its view that the outlook for the economy will depend on the course of the virus, and that's seen a "highly uncertain."
China's Alibaba Group Holding Ltd beat quarterly revenue and profit estimates on Thursday as its core commerce and cloud computing businesses benefited from a shift to online shopping and working from home due to the coronavirus crisis.
Alibaba (BABA) can provide credible insight into the strength of the Chinese consumer and the state of business in China when the Chinese e-commerce giant reports first quarter fiscal 2021 earnings results before the opening bell Thursday.
Investors and traders will continue to focus on retail earnings and monitor development on the U.S.-China trade front. Plus, is a pandemic stimulus from Washington on the way? Perhaps.
Retail giants Walmart (WMT) and Home Depot (HD) released their Q2 earnings early this morning, and both were significant beats of analysts’ expectations.
We have a swath of retailers posting earnings, including Walmart (WMT), Kohl’s (KSS), Target (TGT), Ross Stores (ROST), Home Depot (HD), Lowe’s (LOW), and Foot Locker (FL) that should provide further insight into the consumer spending appetites and preferences.
Friday's upbeat retail data comes at a critical time since the market will get earnings reports from some notable retailers, including Walmart (WMT), Target (TGT) and and Home Depot (HD).
Given the fundamental picture and the state of the economy, the surprising thing is not that the S&P stalled near its all-time high, but that it is anywhere near there at all
Given escalating tension between the U.S. and China in recent weeks, it’s pretty safe to say the start of trading next week will hinge on what emerges from weekend discussions between the two countries.
It seems that markets have their pick of catalysts today between volatile gold prices, UK Q2 GDP falling off a cliff, oil prices increasing on low inventories, a potential COVID-19 vaccine out of Russia, U.S.-China trade talks and the delay in U.S. domestic stimulus discussions
Global markets were buoyed by news that the U.S. is seeing progress toward additional pandemic related relief and an impending return to U.S.-China trade talks this weekend