9/23 Premarket

 

●      The S&P 500 broke a four-day slide yesterday, gaining +1.05%, cyclical sectors like Banks (-1.89%), Autos (-1.13%) and Energy (-1.03%) continued to lag.

○      Retail (+3.64%), Media (+2.24%) and Software (+1.94%) all the led the S&P higher as the tech gains saw the NASDAQ rally +1.71%

○      Stay-at-home movement is coming back with further restrictions being seen in Europe. 

●      House passes spending bill to fund government until December 11

○      $8 billion for nutrition assistance for schoolchildren and families

○      It also adds increased accountability for farm aid money to prevent it from going to large oil companies

○      Dems reaffirmed commitment to $1200 stimulus checks

●      Johnson & Johnson becomes 4th company to enter stage 3 vaccine testing

●      Powell: US Economy could start to decelerate without additional stimulus

○      Appears in front of House Select Subcommittee on the Coronavirus Crisis today at 10am EST

●      $300 unemployment benefits end in 9 states as need for stimulus rises

●       Republican moves to get a confirmation hearing for Trump's Supreme Court nominee in the coming weeks now seem unstoppable

○      President Trump said that he’d announce his choice this Saturday at 5pmEST on who would replace Justice Ruth Bader Ginsburg

●      9:45am: Markit US Manufacturing PMI, exp. 53.5, prior 53.1; Services PMI, exp. 54.5, prior 55; Composite PMI, prior 54.6

●      Existing home sales in the US rose to an annualised rate of 6.00m in August, in line with expectations, and the most since 2006

Comments

  1. AnonymousMay 18, 2021 at 11:36 PM

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    ReplyDelete
  2. AnonymousJanuary 29, 2022 at 1:55 AM

    I'm Helena Julio from Ecuador,I want to talk good about Mr Pedro on this topic.
    Mr Pedro and his loan company gives me financial support when all bank in my city turned down my request to grant me a loan of 500,000.00 USD, I tried all i could to get a loan from my banks here in Ecuador but they all turned me down because my credit was low but with god grace I came to know about Mr Pedro on a loan platform so I decided to give a try to apply for the loan. With God willing they granted me a loan of 500,000.00 USD. The loan request that my banks here in Ecuador have turned me down for, it was really awesome doing business with them and my business is going well now. Email/ Contact if you wish to apply for a loan from them.
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    ReplyDelete

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