Contracts on the Dow dropped about 70 points, or 0.2%, after the index rallied to an all-time high of more than 34,000 last week.
For equities, however, volatility has subsided considerably in recent sessions.
Low volatility has outweighed low correlations among stocks, driving return dispersion back below the long-term average,” David Kostin, Goldman Sachs chief U.S.
“As the U.S.
“The details of tax reform will drive wide variation in the size of the hit to company earnings, while only certain companies are likely to be direct beneficiaries of infrastructure spending,” he added.
Corporate earnings season will accelerate this week, with companies including Netflix poised to report results.
“Q1 2021 corporate earnings reports thus far are showing both upside revenue surprises and solid incremental earnings leverage from those top-line beats,” he added.
First-quarter comparable earnings per share were 55 cents, or 5 pennies ahead of estimates, on adjusted operating revenue of $9.02 billion.
India’s sugar consumption during the peak demand season is set to fall for a second straight year after various states imposed restrictions including restaurant and shop closures to halt rising cases of COVID-19, industry officials told Reuters.
While Canadians may not be able to take part in a collective clean up or tree planting initiative there are still ways for communities to get involved at home and make a difference.
A stalker who claims pop star Taylor Swift is communicating with him on social media was arrested on a trespassing charge after trying to break into the singer’s Manhattan apartment, police said Monday.
Britain stepped up efforts on Monday to look at the case for a digital pound in response to the challenge posed by cryptocurencies such as bitcoin, and outlined plans to make its financial market more attractive after Brexit.
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Translation tools from Alphabet Inc’s Google and other companies could be contributing to significant misunderstanding of legal terms with conflicting meanings such as “enjoin,” according to research due to be presented at an academic workshop on Monday.
The deal, which was announced in September, puts a vital supplier to multiple silicon chip makers under the control of a single player, generating pushback from regulators and rivals to Nvidia, the biggest U.S.
Four drugmakers are set to face trial on Monday in a lawsuit by several large counties in California that are seeking more than $50 billion over claims the companies helped fuel an opioid epidemic by deceptively marketing addictive painkillers.
But the city is facing shortages of oxygen and some medicine, according to Chief Minister Arvind Kejriwal, who told reporters that the new stringent measures being imposed were required to “prevent a collapse of the health system,” which had “reached its limit.” Just months after India thought it had seen the worst of the pandemic, the virus is now spreading at a rate faster than at any other time, said Bhramar Mukherjee, a biostatistician at the University of Michigan who has been tracking infections in India.
Brazil’s economic activity surged in February, a central bank index showed on Monday, one of the strongest gains on record and a sign that the economy had been humming along nicely before it was hit by a deadly second wave of the COVID-19 pandemic.
Asia-Pacific Fetal and Neonatal Care Equipment Market are expected to register a 9.