Stocks closed slightly higher on Monday after a midday rally–led by tech firms–prompted a tweet-spree from President Donald Trump, who at one point said that the stock market is the “greatest leading indicator of them all!!!” The gains come as Wall Street has turned attention away from fiscal stimulus and onto earnings seasons, which kicks off Tuesday with big banks reporting before the opening bell.... [+]The tech-heavy Nasdaq led gains, closing 2.
Stocks that outperformed the broader market included Amazon and Apple, which added 5% and 6%, respectively, in anticipation of Prime Day for the former and the iPhone 12 release date for the latter–both of which occur on Tuesday; both firms alone account for more than 11% of the S&P 500’s total market value.that the firm is acquiring customer data platform Segment in an all-stock deal worth $3.2 billion.
International markets, meanwhile, had a fairly lukewarm trading day: The United Kingdom's FTSE 100 ended the day virtually flat, while France's CAC 40 added less than .7% and Japan's Nikkei 225 ended the day down roughly .3%. Earnings season kicks off this week with most major banks set to report starting Tuesday; first up: JPMorgan and Citigroup before the opening bell.–also start reporting this week: Delta Air Lines is scheduled for Tuesday and United Airlines reports Wednesday.
He's always deathly silent when stock plunge.
Soon All will be cryin
It’s going up because Biden is favourite 🤣
Only 52% of American own stocks. What about the rest of the nation Clueless
Proving once again how out of touch he is