Connect with us


U.S. equity futures were little changed after Monday’s rally



People walk near the New York Stock Exchange (NYSE) near One World Trade Center, Freedom Tower, in lower Manhattan during ceremonies to commemorate the September 11, 2001 terrorist attacks on September 11, 2020 in New York City.

Spencer Platt | Getty Images

US equity futures were flat Monday night after the market kicked off the week with a widespread rally.

Futures linked to the Nasdaq 100 rose 0.1%, while those of the Dow Jones Industrial Average and S&P 500 were flat.

The movement in futures follows a rally for Wall Street on Monday. Fresh out of its worst week since March, the Nasdaq Composite Index led the way with a 1.9% gain as major tech stocks regained their balance. The Dow and S&P 500 also gained more than 1%, with advancing stocks outnumbering declining stocks by almost 5 to 1 on the New York Stock Exchange.

Sentiment was bolstered on Monday by positive news on the vaccine front, with AstraZeneca resuming its phase three trial in the UK and Pfizer CEO Albert Bourla saying over the weekend the company is expected to be able to present key data from its trial to regulators by the end of October.

Optimism over the United States’ better control of the virus was one of the main reasons LPL Financial raised its year-end target for the S&P 500 to a range of 34,503,500 on Monday, said Jeff Buchbinder , equity strategist of the company. . This target implies an increase of around 2% for the market over the rest of the year.

Buchbinder said Monday’s rally was also fueled by the announcement of major deals in the tech space, including Nvidia’s decision to buy Arm Holdings from Softbank for around $ 40 billion.

“Whatever the situation, whatever the industry, big engagements and big mergers tend to show confidence, and we would take that as positive signs,” Buchbinder said.

The tech sector could generate more titles in the market on Wednesday, Apple is expected to announce new products at a digital-only event. However, the company is not expected to release a new iPhone.

The strong session followed a decline in tech stocks in recent weeks which sent the Nasdaq Composite into a correction, meaning the index fell more than 10% below its all-time high.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]

Please disable the ad-blocker on this page to see the content