Stocks Fall Despite Bank Earnings Blowout As Lack Of New Stimulus Weighs On Investor Sentiment

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Stocks fell today despite bank earnings blowout as the lack of a new stimulus weighs on investor sentiment

Cruise stocks were Tuesday’s among

, with shares of America’s three largest cruise liners falling the most out of any other S&P 500 stocks.The coronavirus pandemic has been a boon for stocks in software, biotech and consumer staples, but it’s been terrible to a bevy of firms reporting this week, particularly in the banking and airline spaces.

Source: News Formal (newsformal.com)

 

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mmpadellan your boy realDonaldTrump keeps on fucking up

The investors are losing steam... Confidence is low... Food bank demand high .... Those are the real reasons

nothing is truly enlightening then the marketplace of cut throat, so called 'capitalists', who won't play ball unless we bail them out. They can't run their free enterprise without our bailouts. Is that the opposite of capitalism? We get no equity for this, just the debt...absurd

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Stocks Fall Despite Bank Earnings Blowout As Lack Of New Stimulus Weighs On Investor SentimentJPMorgan's chief financial officer said Tuesday morning that the firm remains heavily weighted to economic downside scenarios, as uncertain–especially related to future stimulus–remains high. Democrats and Republicans are harming America right now This should tell people that the market isn’t about actual business and earnings but on federal reserve policy and things like “stimulus.”
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U.S. stocks open higher despite stalled stimulus talksU.S. stocks opened higher Monday, even as Washington remained deadlocked on another round of fiscal stimulus to boost an economy weakened by the coronavirus....
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European stocks, U.S. futures edge higher on stimulus hopesEuropean stocks traded higher Monday, helped by hopes of further stimulus on both sides of the Atlantic with the autumn spread of the coronavirus... The market just wants to rally. Much of it new, inexperienced investors. This has nothing to do with stimulus, which should have passed months ago. I detest this excuse for a rally!
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China gains hoist Asian stocks to two-year peakChinese stocks led Asian markets higher on Monday as investors bet on a steady recovery for the world's no. 2 economy, though caution about the fate of U.S. stimulus kept the dollar firm and a central bank policy tweak unwound some of the yuan's gains.
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