CFRA’s Sam Stovall sees a troublesome seasonal pattern that affects August and September.
Archiv für den Monat: August 2020
Stocks making the biggest moves after hours: Virgin Galactic, Nikola, ADT and more
See which stocks are posting big moves after the bell.
Here’s what happened to the stock market on Monday
The major averages started the new month on a high note as tech shares outperformed.
Clorox posted its highest sales growth in ‚modern history‘ last fiscal year, CEO says
Clorox is seeing „broad-based strength“ in the midst of the coronavirus pandemic, CEO Benno Dorer told CNBC.
Take-Two raises sales forecast as videogames get stay-at-home boost
Take-Two Interactive Software raised its fiscal year adjusted sales forecast after beating quarterly estimates on demand for its videogame franchises „Grand Theft Auto“ and „NBA 2K“ from people stuck at home due to lockdowns.
AIG quarterly profit tumbles on catastrophe losses, private-equity losses
Insurer AIG posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower private-equity returns.
ForexLive European FX news wrap: A little choppy on the day so far
Forex news from the European trading session – 4 August 2020
Headlines:
Markets:
– CHF leads, GBP lags on the day
– European equities lower; E-minis down 0.4%
Headlines:
Markets:
– CHF leads, GBP lags on the day
– European equities lower; E-minis down 0.4%
Japan economy minister says not seeking to stop all travel between prefectures currently
Comments by Japanese economy minister, Yasutoshi Nishimura
– Calls for caution for those visiting elderly relatives
The episode in Japan is a rather familiar one, as the virus numbers start to increase significantly across the country. and becoming a cause for concern, and inevitably deaths will follow if the health crisis is still not addressed.
– Calls for caution for those visiting elderly relatives
The episode in Japan is a rather familiar one, as the virus numbers start to increase significantly across the country. and becoming a cause for concern, and inevitably deaths will follow if the health crisis is still not addressed.
Risk a little choppy to start the day, what’s next?
It feels like the market is waiting for a shove
European equities began the session with modest gains but gave them all away in the opening hour and are now keeping lower, with US futures also seen slightly weaker.
European equities began the session with modest gains but gave them all away in the opening hour and are now keeping lower, with US futures also seen slightly weaker.
Eurozone June PPI +0.7% vs +0.6% m/m expected
Latest data released by Eurostat – 4 August 2020
EUR/USD keeps a little firmer still just under the 1.1800 handle as continues on the session.
EUR/USD keeps a little firmer still just under the 1.1800 handle as continues on the session.