Us, Stocks, Virus, Disney, Markets, Us Stock Futures, Covid-19

Us, Stocks

Disney’s surprise profit bolsters futures ahead of economic data | Malay Mail

Disney’s surprise profit bolsters futures ahead of economic data | Malay Mail

6/8/2020 12:03:00 AM

Disney ’s surprise profit bolsters futures ahead of economic data | Malay Mail

NEW YORK, Aug 5 — US stock futures rose today after Disney squeezed out a quarterly profit despite taking a US$5 billion (RM21 billion) charge due to the pandemic, while investors awaited data on private payrolls and the service sector to gauge the country’s economic health. Leading gains among...

Wednesday, 05 Aug 2020 06:55 PM MYTLeading gains among the Dow’s components in premarket trade, Walt Disney Co jumped 6.1 per cent as revenue declines for its parks and its media networks were not as bad as feared. — Reuters picNEW YORK, Aug 5 — US stock futures rose today after Disney squeezed out a quarterly profit despite taking a US$5 billion (RM21 billion) charge due to the pandemic, while investors awaited data on private payrolls and the service sector to gauge the country’s economic health.

Pasangan suami isteri selebriti bantu siasatan pengubahan wang haram Sarah hanya teman Shuib saja KP Kesihatan sahkan beberapa politikus positif Covid-19 | The Malaysian Insight

Leading gains among the Dow’s components in premarket trade, Walt Disney Co jumped 6.1 per cent as revenue declines for its parks and its media networks were not as bad as feared.Better-than-expected corporate results and a surge in shares of heavyweight technology companies have fueled a stimulus-driven rally in Wall Street’s main indexes and brought the S&P 500 within 2.5 per cent of its record high hit in February.

Investors’ focus today is on the ADP National Employment Report, a precursor to the monthly jobs report on Friday, which is expected to show private payrolls rose by 1.50 million in July after a strong rebound of 2.37 million in June.ISM’s non-manufacturing survey is also likely to show a similar trend.

Investors have been concerned about signs that the US economic activity is stalling amid a surge in Covid-19 infections in parts of the country, strengthening the case for more fiscal aid.White House negotiators yesterday vowed to work “around the clock” with congressional Democrats to try to reach a deal on coronavirus relief package by the end of this week.

At 6.11am ET, Dow e-minis were up 182 points, or 0.68 per cent, S&P 500 e-minis were up 17.25 points, or 0.52 per cent and Nasdaq 100 e-minis were up 39 points, or 0.35 per cent.Moderna Inc, which is developing a Covid-19 vaccine, rose 2.3 per cent ahead of its quarterly results.

Activision Blizzard raised its full-year forecast for adjusted sales encouraged by a pandemic-driven surge in gaming. Its shares fell 1.4 per cent after closing at a record high yesterday. — Reuters Read more: Malay Mail »

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Adib’s case: Home minister reveals 12 new suspects, says may launch new inquest | Malay MailKUALA LUMPUR, Aug 4 — The police have two new recommendations linked to the death of fireman Muhammad Adib Mohd Kassim during a riot at a Hindu temple in Seafield, Selangor nearly two years ago, Home Minister Datuk Seri Hamzah Zainuddin announced today. He disclosed that the police have 12 new...

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Trump sows confusion with tweet urging 'vote by mail' in Florida | Malay MailWASHINGTON, Aug 5 — After weeks of railing against what he has claimed are the potential risks of voting by mail, President Donald Trump yesterday urged voters in at least one Republican state — Florida — to vote by any means. Trump, who is trailing presumptive Democratic nominee Joe Biden in...

Trump vows to sue Nevada to block universal mail-in ballots | Malay MailWASHINGTON, Aug 4 — President Donald Trump vowed yesterday he would sue Nevada after the state’s Democratic lawmakers passed a bill to send mail-in ballots to every voter ahead of November’s presidential election in light of the coronavirus pandemic. Trump, who has repeatedly claimed without...

Biden assails Trump’s ‘bald-faced lies’ about voting by mail | Malay MailWASHINGTON, Aug 4 — Democratic presidential candidate Joe Biden said yesterday that President Donald Trump was telling “bald-faced lies” about voting by mail to distract from his own failures, after Trump last week suggested it could be cause to delay the election. Biden’s remarks were his...

FAM: New Covid-19 clusters will not affect M-League restart on Aug 26 | Malay MailKUALA LUMPUR, Aug 4 — The Malaysian League (M-League) football competition will resume as scheduled on Aug 26, despite the emergence of new  Covid-19 clusters in the country recently. Football Association of Malaysia (FAM) deputy president Datuk Mohd Yusoff Mahadi said the new clusters...