Stocks rose, building on last week’s strong performance, as investors looked past record numbers in coronavirus cases from the weekend.
PepsiCo revenue falls 3% as pandemic hits beverage sales but boosts snacks business
PepsiCo reported that quarterly revenue fell after fewer consumers bought its drinks at restaurants and convenience stores during the coronavirus pandemic.
Quest Diagnostics revenue tops expectations on demand for coronavirus testing services
Quest Diagnostics reported preliminary second-quarter revenue above analysts‘ estimates on Monday, largely on growing demand for its Covid-19 testing services, sending its shares up 2.7% before the bell.
Investors should brace for a wild earnings season and expect little guidance for what’s ahead
Analysts estimates are all over the place because about 40% of companies are not providing guidance on earnings.
Market heads into worst earnings season in 12 years amid worries virus is slowing recovery
The worst earnings season in years is about to begin, and stocks could shrug off sharp profit declines, if companies see signs of recovery.
Markets Week Ahead: Gold Prices, Dow Jones, Earnings Season, Euro, ECB
Gold prices accelerated higher as longer-dated Treasury yields declined. While the Dow Jones and S&P 500 rose, stock valuations will be tested as earnings season gets underway. The Euro awaits the …
Markets Week Ahead: Gold Prices, Dow Jones, Earnings Season, Euro, ECB
Gold prices accelerated higher as longer-dated Treasury yields declined. While the Dow Jones and S&P 500 rose, stock valuations will be tested as earnings season gets underway. The Euro awaits the …
ForexLive European FX news wrap: Quiet but optimistic start to the week
Forex news from the European trading session – 13 July 2020
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities higher; E-minis up 0.7%
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities higher; E-minis up 0.7%
China premier Li Keqiang: The economy is showing a steady recovery
China still maintaining a largely similar outlook for the moment
– The situation is still severe at home and abroad
– Will adopt proactive fiscal policy, prudent monetary policy
The comments here aren’t anything new but that in itself is the key takeaway. The fact that Chinese officials aren’t deviating from the recent commentary on the economic outlook
– The situation is still severe at home and abroad
– Will adopt proactive fiscal policy, prudent monetary policy
The comments here aren’t anything new but that in itself is the key takeaway. The fact that Chinese officials aren’t deviating from the recent commentary on the economic outlook
UK PM Johnson: We do think masks have a great deal of value in confined spaces
Comments by UK prime minister, Boris Johnson
– We have got the virus under control across the country
– It is very important to wear a face covering in shops
Judging by recent remarks by the government, it is only a matter of time now before masks are surely going to be mandatory in shops across the UK.
– We have got the virus under control across the country
– It is very important to wear a face covering in shops
Judging by recent remarks by the government, it is only a matter of time now before masks are surely going to be mandatory in shops across the UK.