The overnight action in futures market followed a big pullback last week.
The overnight action in futures markets followed a big pullback last week triggered by rising fears of a resurgence in the virus as well as investors' profit-taking after the massive comeback.
"The meltup may need to take a break, as sentiment has turned too bullish too rapidly," Ed Yardeni, president and chief investment strategist at Yardeni Research, said in a note on Sunday. "Now that reopening is happening, there's fear of suboptimal results: less social distancing triggering a second wave of the virus, followed by another round of lockdowns.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stock market live Friday: Dow up 477, Stocks still lose 5% on week, volatility is back“The economy isn’t going to be the same economy we knew before,” Carlyle’s David Rubenstein says. “Economies evolve.”
Lire la suite »
Wall Street Week Ahead: Investors bet bounce in value stocks will stickAs the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.
Lire la suite »
Wall Street's best-performing analysts like these 5 stocks right now amid the market turmoilYour weekend brief: Wall Street's best-performing analysts like these 5 stocks right now amid the market turmoil
Lire la suite »
Wall Street ends higher but indexes mark worst week since March selloffU.S. stocks ended higher on Friday as bargain hunters stepped back into the market following sharp losses a day earlier, but all three major indexes suffered their biggest weekly percentage declines since March.
Lire la suite »
Stock market crash: Valuations suggest a 66% drop and fragile recovery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Lire la suite »
Tesla stock gets two downgrades, falls below $1,000Goldman Sachs and Morgan Stanley nicked Tesla Inc., saying there are risks investors might be ignoring as they rewarded he company with a dizzying valuation.
Lire la suite »