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July 22, 2021

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Stock futures are flat after major comeback on Wall Street, earnings continue

CNBC
CNBC – For more and to sign up click here U.S. stock futures were steady in overnight trading on Tuesday after the major averages clawed back much of their losses from Monday’s sell-off. Dow futures rose 40 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.1%. Netflix......

Wall Street closes higher, Treasury yields rebound despite COVID variant fears

Reuters
Wall Street closes up in marked reversal from selloff U.S. Treasury yields rebound from five-month lows U.S. dollar inches higher to three-month peak NEW YORK, July 20 (Reuters) – Wall Street notched a comeback on Tuesday with all the major indexes closing higher, and yields on safe-haven U.S. Treasuries bouncing......

Market’s violent moves will set stage for a massive comeback, Wall Street bull predicts

CNBC
CNBC – For more and to sign up click here Market bull Art Hogan is looking beyond the trading week’s rough start. The National Securities chief market strategist expects the violent moves will set the stage for a massive comeback that will prompt him to hike his S&P 500 year-end......

Wall Street drops over 1% as virus surge sparks recovery worries

Reuters
The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid Spike in virus cases hit travel, value stocks Five9 gains on $14.7 bln buyout deal from Zoom Indexes slide: Dow 1.83%, S&P 1.61%, Nasdaq 1.53% July 19 (Reuters)......

Top Wall Street analysts expect strong earnings results from these stocks

CNBC
CNBC – For more and to sign up click here Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020. Christophe Archambault | AFP | Getty Images As second-quarter earnings season kicks into gear, Wall......

Ericsson’s 5G march hits a wall in China

Reuters
Quarterly sales fell for the first time in three years Sales in mainland China declined by 2.5 billion crowns Signs $8.3 billion five-year 5G contract with Verizon STOCKHOLM, July 16 (Reuters) – Sweden’s Ericsson (ERICb.ST) on Friday reported second-quarter core earnings below market estimates, as strong sales of 5G equipment......

Stock futures slip as Wall Street wraps up first week of second-quarter earnings

CNBC
CNBC – For more and to sign up click here Futures contracts tied to the U.S. stock indexes slipped during the overnight session Thursday evening as Wall Street neared the end of the first major week of second-quarter earnings reports. Contracts linked to the S&P 500 lost 0.1%, while Dow......

Wall Street analysts see these risks causing a ‘growth scare’ for global markets

CNBC
CNBC – For more and to sign up click here The bronze Charging Bull in the financial district of New York City. Robert Nickelsberg | Getty Images LONDON — With Covid-19 cases on the rise due to the surging delta variant and a range of macroeconomic shifts occurring, the global......

‘Giannis Wall’ motivates, humbles Bucks star

ESPN
4:39 PM ET Tim BontempsESPN MILWAUKEE — After dominating the first three games of the NBA Finals, Bucks superstar Giannis Antetokounmpo is expected to do more of the same in Game 4 on Wednesday night, as he and his teammates hope to even this series with the Phoenix Suns. Phoenix,......

BioBonds Would Use Wall St. Tools to Fund Medical Research

New York Times
In the development of disease treatments, the stage between basic research and advanced clinical trials is known as “the valley of death.” While ample public grants fund early-stage research and pharmaceutical companies are willing to fund studies on proven solutions, research at the “translational” stage, when basic findings are applied......

Wall Street’s top analysts have turned more bullish on these stocks

CNBC
CNBC – For more and to sign up click here An employee of the Internet company Facebook walks through the courtyard of the company campus in Menlo Park, California. Christoph Dernbach | picture alliance | Getty Images When Wall Street analysts take a more bullish stance on a particular stock,......

Nimmo goes way over the wall to rob a HR

MLB
MLB – For more and to sign up click here Brandon Nimmo robs Bryan Reynolds homer n”,”providerName”:”Twitter”,”providerUrl”:”https://twitter.com”,”type”:”rich”,”width”:550,”__typename”:”ExternalEmbedContent”},”$ROOT_QUERY.getForgeContentBySlug({“locale”:”en-us”,”slug”:”brandon-nimmo-robs-bryan-reynolds-homer”,”type”:”story”}).parts.2″:{“data”:{“type”:”id”,”generated”:true,”id”:”$ROOT_QUERY.getForgeContentBySlug({“locale”:”en-us”,”slug”:”brandon-nimmo-robs-bryan-reynolds-homer”,”type”:”story”}).parts.2.data”,”typename”:”ExternalEmbedContent”},”type”:”oembed”,”__typename”:”ExternalEmbed”},”$ROOT_QUERY.getForgeContentBySlug({“locale”:”en-us”,”slug”:”brandon-nimmo-robs-bryan-reynolds-homer”,”type”:”story”}).parts.3″:{“content”:”After bounding back into the dugout and celebrating with his teammates, Nimmo opened the bottom of the first with a single and came around to score the first run of the game on a......

Wall Street rises as cyclical stocks rebound after selloff

Reuters
People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid Levi Strauss rises on strong full-year profit forecast Didi takes a breather after four-day losing streak General Motors gains as Wedbush starts with “outperform” Indexes up: Dow......

Wall Street banks racked up $650 million in fees and stock gains in the busiest IPO week since 2004

CNBC
CNBC – For more and to sign up click here Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters From Krispy Kreme to China’s Didi Chuxing, the......

These are the best long-term stocks to own right now, top Wall Street analysts say

CNBC
CNBC – For more and to sign up click here Zillow home page Source: Zillow Investors looking for stock ideas into the second half of 2021 may want consider some of these fresh ideas. These are stocks that Wall Street analysts believe are primed to surge over the long run......

China urges nations to build ‘Great Wall of Immunity’ against coronavirus

Reuters
Chinese State Councillor and Foreign Minister Wang Yi speaks at a Lanting Forum with the theme “China and the UN: Cooperation in 50 Years and Beyond”, in Beijing, China June 25, 2021. REUTERS/Tingshu Wang BEIJING, July 3 (Reuters) – China’s Foreign Minister Wang Yi urged the international community on Saturday......

Electric vehicle SPACs try to prove their worth to Wall Street as shares fall

CNBC
CNBC – For more and to sign up click here Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Electric vehicle start-ups that went public through SPAC deals over the past year are trying to prove their worth to Wall Street as investors grow......

Wall Street expects European stocks to outperform the U.S. this year. Here’s why

CNBC
CNBC – For more and to sign up click here People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021. Brendan McDermid | Reuters The vast majority of investment banks are backing European stocks to outperform their U.S. peers through......

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