Stock futures point to rebound as China seeks to curb virus impact
- U.S. stocks rose on Monday, with gains in Amazon and technology stocks as well as a surprise rebound in U.S. factory activity helping markets attempt a recovery from steep weekly losses due to concerns over the coronavirus epidemic.
ISM data showed the manufacturing expanded in January after five straight months of contraction, indicating that a slump in business investment has probably bottomed out. Google-parent Alphabet Inc gained 3.1% ahead of its quarterly results, which will wrap up earnings for the so-called FAANG stocks.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Wall Street is quietly retreating from its enthusiasm for Tesla's self-driving car plans - Business InsiderThe transportation narrative has shifted to self-driving. Tesla is working on an autonomous solution, but the likes of Waymo and Cruise are far ahead.
Weiterlesen »
Wall Street strategists stick by their bullish 2020 market forecasts despite coronavirus fearsMorgan Stanley, JPMorgan, UBS and Credit Suisse are all sticking with their bullish year-end target on the S&P 500, seeing the Chinese virus as a short-term risk.
Weiterlesen »
Stocks rise on Wall Street, but China's main market divesTechnology companies led U.S. stocks higher in early trading Monday as global markets mostly calmed down following a sharp sell-off last week over worries about the spreading virus outbreak that began in China
Weiterlesen »
Next market crash: ETF, tech-stock bubble is worse than dot-com era - Business InsiderOne market expert says America's hottest investment product is a bigger bubble than the dot-com crisis — and he's convinced the crash will be worse this time
Weiterlesen »
There's a new biggest Tesla bull on Wall Street. Here's why he thinks the stock could surge another 24% (TSLA) | Markets InsiderOn Monday, Bill Selesky of Argus Research updated his Tesla price target to $808 from $556, implying the stock could gain another 24% this year....
Weiterlesen »