More movement on U.S.-China trade talks and continued virus hopes are giving a positive nudget to markets for Tuesday.
“I really don’t think people realize that earnings growth and the trending revisions have really broadened out,” DeSanctis tells MarketWatch. “They’re still very focused on the work-from-home theme and those stocks that have the best balance sheets, that have revenue growth. For starters, he’s looking closely at mergers and acquisitions. “I think other companies are going to call into question why they’re public, so we’re starting to see early signs of M&A activity pick up similar to what we saw in 1999 or 2000,” he says, adding that this could boost small-cap stocks, cyclical and value names.
The market Dow YM00, -0.21%, S&P ES00, +0.01% futures are higher, but those for the Nasdaq NQ00, -0.15% have just tilted south, though European stocks SXXP, +0.04% are still in the green. In Asia, markets finished mostly higher.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Donald Trump Jr.’s Loch Ness Monster Dig Has People Defending NessieThe president's son is told to lay off Nessie after his unusual speech at the Republican National Convention.
Source: HuffPostWomen - 🏆 27. / 68 Read more »
Momentum ETF hits record: 'I wouldn't be trimming at this point,' says analystMega-cap tech stocks have driven the momentum trade to record highs, but there's still more runway for the group, one ETF analyst says. ETFEdgeCNBC Please never feature Nadig and Lydon — these fake promoters make money from ETF providers on the side selling webinars — they are not independent analyst and thinkers!!! Criminal! ETFEdgeCNBC InvescoUS The millionaires at CNBC will never mention what’s gong on in America right now, with the Democrat Party Domestic Terrorists destroying cities and attacking American citizens
Source: CNBC - 🏆 12. / 72 Read more »
Jack Ma's Ant Group files for IPO, says it made $3.2 billion in first-half profitAnt Group, formerly known as Ant Financial, is planning a concurrent listing on the Shanghai stock exchange's STAR market — a Nasdaq-style tech board — and the Hong Kong stock exchange. Ant Financial is the bank loan killer in China. Baba is about to explode after a few high profile frauds from Chinese public companies along with Wirecard, are there any additional measures being taken to protect investors here? I know Alibaba has had clean statements, but it seems like self governance is not enough.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks rise after promising coronavirus treatment updates—Four experts on what to watchStocks opened higher on promising coronavirus treatment updates and tech stock strength. Four experts discuss what they're watching now. What about Vaxart? The DOW is as fucked up as d. trump !
Source: CNBC - 🏆 12. / 72 Read more »
Apple Stock Could Surge Even Higher Following $2 Trillion Valuation, Morgan Stanley SaysApple is still cheaper than most of its tech peers, analysts say. xrp_kingz Bitcoin Apple could surge even higher as Crony Crapitalism surges with FED bond buying to help the 1% steal even more from Citizens.
Source: Forbes - 🏆 394. / 53 Read more »