Connect with us

Business

Futures contracts drop slightly as the market suffers 3 consecutive days of losses

Avatar

Published

on


A man walks a dog in the shade of the midday sun in front of the New York Stock Exchange (NYSE) building in Manhattan on a hot day in New York City, New York, the United States, August 11, 2020.

Facebook Facebook logo Register on Facebook to communicate with Mike Segar Reuters

Stock futures were stifled in overnight trading on Friday as investors await the latest retail sales data.

The Dow Jones Industrial Average futures fell slightly by about 25 points. S&P 500 and Nasdaq 100 futures also posted slight declines.

Retail sales data, due at 8:30 a.m. ET on Friday, will provide an update on the recovery in consumer spending. Economists polled by Dow Jones expect retail sales to rise 0.7% in September, after rebounding 0.6% in August. Excluding automobiles, sales are expected to increase by 0.4%.

The big averages suffered their third consecutive day of losses Thursday, their longest losing streak in nearly a month.

The Dow Jones and S&P 500, however, closed their lows well on Thursday, helped by the strength of cyclicals, especially financials and real estate.

“Value / cyclical stocks have recovered some of their recent underperformance on strength in energy, autos, transportation, non-core retail and financials.” Adam Crisafulli, founder of Vital Knowledge, said in a note Thursday.

The weakness in equities this week came amid uncertainties surrounding the continued recovery of coronaviruses as well as fears of a worsening pandemic around the world.

Washington lawmakers continued to send mixed signals on progress towards a stimulus deal.

President Donald Trump later said he would increase his bid for a stimulus package above its current level of $ 1.8 trillion. House Democrats passed a $ 2.2 trillion bill.

Meanwhile, the rise in new coronavirus cases in Europe has also kept investors on the lookout. The UK government has announced plans to impose tighter coronavirus restrictions on London, while the French government declared a state of public health emergency earlier this week amid an increase in cases. Germany also announced new rules to curb the spread of the virus.

To subscribe to CNBC PRO for exclusive news and analysis, and live business day programming from around the world.

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

ExBUlletin

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