The vast majority of companies that have reported first-quarter results so far have handily exceeded estimates, with the vaccine-enabled recovery helping stoke demand across a wide variety of industries.
Eighty-four percent of the S&P 500 companies that have reported first-quarter results to date posted a positive earnings per share surprise, according to data from FactSet.
Investors are also continuing to digest reports last week that the Biden administration was eyeing an increase on the capital gains tax rate for individuals earning more than $1 million.
“There is also a potential risk from higher capital gains tax if we get indication that it will materialize and go into effect starting next year causing certain investors to take profits early.
The Dow erased earlier gains to to trade lower by about 24 points, or 0.1%, as shares of Procter & Gamble and Coca-Cola declined amid a broader drawdown in defensive, staples stocks.
However, excluding transportation orders, durable goods orders rose 1.6% as expected.
“A lot of people at home of course have loved ones who are immunocompromised or at high risk, and with this number of cases they really weren’t comfortable coming to school,” he said.
SAN DIEGO — Marine scientists say they have found what they believe to be as many as 25,000 barrels that possibly contain DDT dumped off the Southern California coast near Catalina Island, where a massive underwater toxic waste site dating back to World War II has long been suspected.
Now, the United Kingdom, with the increased popularity of bingo over the years, has taken the bulls by the horns and makes accessible a long list of new online bingo games for adults to win money and have some fun in the process.
experts are warning that political, military and ethnic divisions in South Sudan are widening, leading to multiple violent incidents between the main signatories to last year’s cease-fire, the possibility of renewed war, and nearly 100,000 people facing “famine-like conditions.” The experts said in an 81-page report circulated Monday that the slow pace of reforms by President Salva Kiir’s government and more than a year of political disputes and disagreements over how to implement the February 2020 cease-fire and a 2018 peace agreement has led to frayed relations between Kiir and First Vice President Riek Machar.
New York, New York– alleging that the Company violated federal securities laws.Class Period: October 5, 2020 and March 30, 2021Lead Plaintiff Deadline: June 15, 2021Learn more about your recoverable losses in RMO:http://www.kleinstocklaw.com/pslra-1/romeo-power-inc-loss-submission-form?id=15155&from=5The filed complaint alleges that Romeo Power, Inc.
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must address so-called “root causes” of migration such as poverty and violence in Central America to solve the problem.But congressional Republicans as well as former President Donald Trump say Biden’s reversal of Trump’s hard-line immigration policies encouraged more border crossings, a charge the administration rejects.The administration is also pressing Central American governments to crack down on corruption and crime, which officials say are the main impetuses for migration, and take immediate steps to secure their own borders.Guatemala pledged to increase the number of security personnel at its borders to stop migrants from Honduras and El Salvador from continuing north, Sanders said.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York.