Tech stocks continued to drag the market lower.
“We’re not getting out of this without a vaccine,” Bernstein said.
If stocks can keep pace today, they will close with their first weekly gain in 3 weeks. Our deep learning algorithms have parsed through the data to determine the Top Buys for investors looking to pad their portfolio today.
Markets opened mixed as the indices looked to squeak out their first weekly gain in the last 3 weeks. For investors looking to make sense of this unpredictable market, our deep learning algorithms paired with AI have crunched the data to give you a set of Top Shorts.
Twenty years ago, a bipartisan group of American congressional leaders voted for normalized trade relations with China. They said it would benefit manufacturing and national security. Boy were they wrong.
PepsiCo stock currently trades at $136 and has gained only a little over 1% so far this year. It traded around $144 pre-Covid in February 2020 and is almost 6% below that level now. Also, the stock has gained 30% since its March lows of $104, following the stimulus package announced by the Fed...
Abbott Labs’ stock trades at $107 currently and it has gained 24% in value so far this year. It traded at a pre-Covid high of $89 in February, and it is currently 20% higher than that level. Also, ABT stock has gained 71% from the low of $62 seen in March 2020, as the demand for its Covid-19 tests..
The Commerce Department said on Friday that it is going to ban U. S. business transactions with WeChat and TikTok starting Sunday.
The bill, expected to be released in the House of Representatives today, will fund the federal government past the September 30 end of this fiscal year.
Investors might want to be on the lookout for potential volatility today amid quadruple witching, and also watch for consumer sentiment. A bunch of Fed speakers are also on the calendar.
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