Futures point to flat opening on Wall Street
Despite starting the day strong, the DJ30 and SPX500 gave up most of their gains before yesterday’s session ended. The NSDQ100 was dragged lower by losses from major tech companies, such as Netflix, Microsoft, Amazon and Facebook, to end the session down by more than 2%. This morning, futures point to a flat opening on Wall Street.
Today’s highlights: Vaccine hopes lifts Moderna
- Moderna jumps on vaccine hopes: Pharma giant Moderna yesterday skyrocketed more than 14% during trading hours and 3% more after hours, following reports that its coronavirus vaccine may receive FDA approval in the US. For the most recent and significant price movements in markets, check out the Market Movers page on eToro.
- Aphria jumps on analyst’s upgrade: The medical marijuana stock jumped more than 9% yesterday, after an analyst from Stifel upgraded the stock from “hold” to “buy” and set a target price 26% higher than current levels. On eToro, investors can gain exposure to the medical cannabis industry through the CannabisCare CopyPortfolio.
Stocks earnings releases on 14/07/2020
Stocks earnings releases on 15/07/2020
Big banks to report earnings today: Wall Street’s largest banks will report their earnings and kick off the earnings season starting today. To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Investors who believe banks will miss earnings can go short on several at once using the Short-Banks CopyPortfolio on eToro.