Investors on Tuesday will receive quarterly reports from companies including Pfizer .
These strong results, however, have been met with just a shrug by Wall Street, with many companies not seeing their stocks pop even after posting estimates-topping results.
When the best earnings growth since 2010 spawns a yawn it’s pretty clear that perfection is priced in,” Hilary Kramer, chief investment officer for Kramer Capital Research, wrote in an email Monday.
Stocks are also entering a seasonally more stagnant period for gains.
“I’m thinking one of two things happens from here: Either growth stocks stabilize and lift the markets higher, or the weakness beneath the surface brings the market lower.
“I think what we’re looking for is potentially something more like March where we chopped around a bit and digested February’s moves.
Three weeks ago, Kenney resisted calls from the Alberta Teachers’ Association to give front-line staffers vaccine priority, saying the government will follow priorities tied to scientific evidence rather than “arbitrary pressure.” But on Monday, Kenney praised teachers as the “glue” holding the system together.
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Food and Drug Administration is expected to authorize Pfizer’s COVID-19 vaccine for youngsters ages 12 to 15 by next week, according to a federal official and a person familiar with the process, setting up shots for many before the beginning of the next school year.
Also Monday, the Opposition Liberals say the party’s finance critic, Mike Bernier, is self-isolating after likely contracting COVID-19 on his return home to Dawson Creek, a community recently declared a pandemic hot zone.
The camera recorded the dog walker screaming “Oh, my God! I’ve been shot!” and “Help me!” and “I’m bleeding out from my chest!” Over the next two days, White’s father, Harold White, and Jennifer McBride, who was in a relationship with the elder White, became involved in the theft, prosecutors wrote. She claimed she’d found the animals tied to a pole, police said at the time, and asked about Lady Gaga’s offer of a $500,000 reward if the dogs were returned “no questions asked.” The singer was in Rome at the time filming a movie.
The petitioner in the case, 33-year-old Tarahrick Terry, was sentenced to 15.5 years in prison after he pleaded guilty in 2008 to possessing 3.9 grams of crack cocaine.
In April QuantumScape was hit by the other trend impacting auto SPACs, a critical short report, and the stock fell 18.3% for the month as a result, according to data provided by S&P Global Market Intelligence.
The European Commission proposed to ease restrictions on travel to countries in the bloc amid progressing Covid-19 vaccination campaigns and lower infection rates.
The board of the Hollywood Foreign Press Association, the group that hands out the annual Golden Globe awards for television and film, proposed several changes on Monday to address criticism over its membership’s diversity and ethics.
Brazil’s indigenous affairs agency Funai has called on a top indigenous leader to explain her criticism of the right-wing government of President Jair Bolsonaro and the impact its handling of the COVID-19 crisis has had on native people.