Jun 26, 2020
Add the potential of not getting another massive new fiscal stimulus plan as beginning to weigh on the minds of otherwise exuberant investors. “I think you are looking at a 10% to 15% range minimum [if there isn’t a new stimulus plan],” warned EvercoreISI senior managing director Dennis DeBusschere on Yahoo Finance’s The First Trade. […]
Jun 25, 2020
Stock futures kicked off the overnight session slightly lower following an afternoon rally on Wall Street. Shares of big banks including Goldman Sachs and Wells Fargo traded lower after hours, after the Federal Reserve said in its stress test results Thursday after...
Jun 25, 2020
Signs are starting to emerge that the stock market is getting a little worried about how a president Joe Biden would impact corporate profits and by extension the valuations on equities. “I think it’s [the election] starting to matter a little bit more to daily market...
Jun 24, 2020
Stock futures opened modestly higher Wednesday evening. The after-hours moves came on the heels of a steep selloff in markets during the regular session, with the Dow dropping 2.72%, or 710 points, for its worst day since its near-7% slide two weeks ago. The risk-off...
Jun 23, 2020
Stock futures traded near unchanged Tuesday evening after a rally during the regular session sent a number of big tech names and the Nasdaq Composite to record closing highs. Market participants continued to eye increases in coronavirus cases in some regions in the...
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