Global stocks mixed after Wall St rally ahead of US debate. AP Interview: US ambassador defends tough approach to China. 3 Compelling 'Mid Caps' that are Larger than One-Fifth of S&P 500 Components.
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 Tuesday, September 29th |
| Good Morning A rebound in equities gained momentum on Monday with a 1.65% increase for the S&P 500. Despite the gains, however, the index is on track to close out the month with losses but that's not what the market is focusing on. The 3rd quarter earnings cycle is getting underway and the first signs are good. This week's earnings calendar is a little light but includes some key names in the consumer staples sector.
Adding to the market's bullish attitude is news that negotiators on Capitol Hill are working hard to pass another stimulus bill. Based on the byplay, the Democrats are still asking for too much but it looks like Republicans and Democrats are getting closer to an agreement. Another round of stimulus is likely to include another round of direct payments, payments that helped spur what we now know to be a vigorous economic rebound.
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Sometimes, that's not so easy, especially for those wanting to jump on the Trump train, or the Biden train.
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The Early Bird Stock Of The Day  Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company offers non-interest-bearing and interest-bearing deposits, such as checking accounts, money market deposit accounts, negotia... | | | |
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