|Day's Range||11,575.74 - 11,729.98|
|52 Week Range||8,255.65 - 13,795.24|
The Zacks Analyst Blog Highlights: Bayer Aktiengesellschaft, InflaRx, Legrand, Innate Pharma and DiaSorin
The futures slide into the red ahead of the European open as the market looks ahead to Trump’s news conference later today.
European stocks advanced on Thursday for a fourth straight session, on building enthusiasm over the reopenings of economies across the world.
Europe stocks rally on hopes that the European Union will unveil large stimulus package to reduce the economic fallout from the coronavirus pandemic.
Economic data from the Eurozone to take a back seat as hopes of an economic rebound point to a jump at the European open.
Mid-week market drivers with Dukascopy TV. We’ve got COVID-19 news and numbers, U.S – China tension, and optimism towards the economic.
The S&P; 500 is looking to hold its first close past the 3,000 point mark since March 5 as global stocks continue to rally on hopes of an end to the coronavirus pandemic.
Market jitters over China resurface following a 3rd consecutive day in the green for the DAX30… The ECB and Brussels will need to distract with positive news.
May.26 -- Howard Lerman, Yext Inc. chief executive officer, discusses how his tech company is working with the World Health Organization to provide accurate Covid-19-related information. He speaks on "Bloomberg Technology."
With Japan lifting emergency orders in and around Tokyo, Germany recording a decline in new infections and Britain setting a date for retail re-openings, investors are hoping the worst of the global coronavirus pandemic has passed.
Travel stocks rallied in Europe on Tuesday as stocks climbed for a second day on optimism over a slowly recovering world economy.
The futures point northwards, with optimism continuing to deliver support. Chatter from Beijing and Washington and economic data will be in focus, however.
Geopolitics will be a key driver in the week. Brexit and the Pound and a collapse in the U.S – China relations will be a test riskier assets.
It was a bullish week for the majors. The easing of lockdown measures delivered the upside, while geopolitical risk lingered…
China will propose sweeping new powers to oversee security in semi-autonomous Hong Kong this week, a move that is likely to add further stress to an already tense relationship with Washington.
The decision drew a warning from President Donald Trump that Washington would react "very strongly" against the attempt to gain more control over the former British colony. The U.S. Senate published a bill with bipartisan support that would sanction Chinese officials who implement the law.
European stocks declined on Thursday on concern over U.S.-China tensions, as data showed the economy has limped off the bottom.
The futures point to the red ahead of a busy day on the economic calendar. Expect geopolitics to also play a hand later in the day.
Today, we don’t have any major events in the macro calendar, so we expect that optimism will not go away and global indices will remain bullish.
The DAX sees red ahead of the open, with negative news on COVID-19 vaccine Moderna and doom and gloom sentiment towards the economic recovery weighing.