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Stocks Drift Lower as Shutdown Rally Fades, Focus Shifts to Earnings and Fed
Global stocks drift lower as the rally from last week's shutdown agreement faded and investors focused on a busy week of event risk in markets all over the world. U.S. corporate earnings will take center stage over the next two weeks with top-tier FAANG names such as Apple and Microsoft leading a parade of more than 200 S&P 500 companies reporting. Global stocks drifted lower Monday as last week's late-hour rally on Wall Street, sparked by a surprise concession from President Donald Trump to end the 35-day government shutdown, fizzled in overnight trading as markets shifted focus to a series of major event risks and blue chip corporate earnings in the day ahead.
https://finance.yahoo.com/m/e0dc5d7...09f2c9dd/stocks-drift-lower-as.html?.tsrc=rss
Global stocks drift lower as the rally from last week's shutdown agreement faded and investors focused on a busy week of event risk in markets all over the world. U.S. corporate earnings will take center stage over the next two weeks with top-tier FAANG names such as Apple and Microsoft leading a parade of more than 200 S&P 500 companies reporting. Global stocks drifted lower Monday as last week's late-hour rally on Wall Street, sparked by a surprise concession from President Donald Trump to end the 35-day government shutdown, fizzled in overnight trading as markets shifted focus to a series of major event risks and blue chip corporate earnings in the day ahead.
https://finance.yahoo.com/m/e0dc5d7...09f2c9dd/stocks-drift-lower-as.html?.tsrc=rss
