Concerns over the nation’s political stability pre and post-election, the likelihood of no further fiscal stimulus until 2021, signs of a slowing recovery, and a resurgence in the pandemic in many parts of the world have investors in a more bearish mood.
The following companies are expected to report earnings prior to market open on 09/24/2020. Visit our Earnings Calendar for a full list of expected earnings releases.
Federal Reserve Chair Jerome Powell warned that the U.S. economic recovery would suffer without a new fiscal stimulus package. He noted that while the U.S. economy has so far been resilient in the face of the pandemic, that might not last.
The following companies are expected to report earnings prior to market open on 09/23/2020. Visit our Earnings Calendar for a full list of expected earnings releases.
Shares of Stitch Fix (SFIX) have rebounded sharply, surging more than 100% since the market bottomed in March, which suggests investors are not as worried about the company’s long-term growth prospects as the share price once indicated.
Stocks didn’t close at their intraday troughs on Friday, but “lower lows” is anything but an encouraging sign, particularly as the economy attempts to recover from a pandemic that has caused tens of millions of Americans to be out of work.
News from Moderna that results from its vaccine trial may come later than expected and AstraZeneca’s temporary trial hold, along the CDC director's testimony concerning a vaccine not being available until later next year has investors rethinking their optimism.
Fed Chair Powell commented during the press conference that regulation and supervision are the main tools for financial stability, meaning changes with respect to those two factors are likely to happen before a rate hike.
Today's investor focus is more on public policy as we wait to hear the comments coming out of the Federal Reserve’s Open Market Committee meeting later this week, and Capital Hill is running out of time to pass more stimulus before the election.
The following companies are expected to report earnings prior to market open on 09/15/2020. Visit our Earnings Calendar for a full list of expected earnings releases.
Lennar Corporation (LEN), one of the nation’s largest homebuilders, is set to report third quarter fiscal 2020 earnings results after the opening bell Monday.
Whether it’s with the upcoming election, the availability (or delay) of a vaccine, U.S.-China tensions ratcheting up, there is plenty to be uncertain about as we head into the final quarter of the year.
The following companies are expected to report earnings prior to market open on 09/11/2020. Visit our Earnings Calendar for a full list of expected earnings releases.