On the central bank front, the European Central Bank handing down its policy decision on Thursday.
On the data front, August’s Chinese trade data, released earlier in the day, was better than expected.
— Just a few years ago, Chinese firms spent lavishly overseas on everything from luxury hotels to soccer clubs.
The reaction was a sort of verbal shrug: “Oh, another new stock record.” There’s definitely a feeling ‘out there’ that we’re getting used to this, that this is normal.
“We’ve seen other providers of pet supplies, food, and meds languish after reporting earlier this earnings season, and it’s hard to be optimistic that Chewy will break the mold this week,” I argued last week, and I was right.
If you want to skip our detailed analysis of these stocks, go directly to the 5 Trending Stocks on Reddit.
As an investor, retirement likely means you’re looking for a combination of safety, income, and some growth potential in your portfolio.
Bitcoin temporarily climbed above 1.49% to more than $52,680 on Monday evening, Refinitiv Eikon data showed, with a Reuters market analyst putting it on track for $56,000-$56,300.
GameStop, Lululemon, Kroger, Analog Devices, Moderna, Danaher, and Home Depot report earnings or host investor days this week.
There are a lot of ways for American workers to build wealth.
— Most Asian stocks rose Tuesday as Japan extended a rally and traders took heart from indications that the global recovery is weathering challenges from the delta virus variant.