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10 things you need to know before the opening bell

1 month ago   |   By Business Insider

Here's what you need to know before markets open.
1. Global stocks surge despite record numbers of new coronavirus infections as investors focus on the start of earnings season. China's Shenzhen Composite surged 3.5%, while US futures are pointing to a positive open on the first day of a week that will see several US banks report Q2 earnings.
2. Warren Buffett likely bought back more than $5 billion of Berkshire Hathaway stock in recent weeks, filings show. The amount is triple the value of his buybacks in the first quarter, and is likely an effort to capitalize on his company's huge cash...
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Global stocks surge as investors ignore record new COVID-19 infections, and pin their hopes on the start of earnings season

1 month ago   |   By Business Insider

Stocks across the globe rose on Monday despite continuing signs that the coronavirus pandemic is speeding up once again.
Investors were upbeat ahead of earnings season kicking off this week, with many US banks due to report.
In China, the Shenzhen Component jumped 3.5%, while European stock indexes climbed around 1%, and US futures pointed to a 0.5% gain on the three main indexes.
On Sunday, Florida reported 15,000 new COVID-19 cases, the highest single day rise for any US state since the start of the pandemic.
Away from stocks, oil fell ahead of an OPEC+ meeting on Wednesday that will...
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