⁍ S&P 500 and Nasdaq hit three week lows on Monday as record number of new coronavirus infections in the United States.
⁍ Investors are looking forward to results from Apple, Amazon, Google-parent Alphabet and Facebook.
⁍ The S&P 500 and Nasdaq hit three week lows on Monday as record number of new coronavirus infections in the United States.
– The S&P 500 and Nasdaq hit three-week lows on Monday as a record number of new infections in the US and some European countries and a lack of agreement in Washington over the next US fiscal stimulus raised worries about the economic recovery. On Tuesday, US stock index futures edged higher following a deluge of corporate earnings, while bracing for volatility ahead of Election Day. Drugmaker Eli Lilly and Co LLY.N fell 4% after it reported a fall in quarterly profit. Investors are looking forward to results from Apple, Amazon.com, Amazon.com AMZN.O, Google-parent Alphabet GOOGL.O, and Facebook Inc FB.O in an earnings-heavy week as the technology giants have managed to stand out during the coronavirus pandemic. The S&P 500 and Nasdaq hit three-week lows on Monday as record number of new infections in the United States and some European countries and a lack of agreement in Washington over the next US fiscal stimulus raised worries about the economic recovery.
Source: https://www.reuters.com/article/usa-stocks/refile-us-stocks-futures-rebound-from-mondays-selloff-as-earnings-take-center-stage-idUSL4N2HI2RT