Market Pulse - Usa
JP Morgan raises year-end 2021 target for S&P 500
Strategists at JP Morgan raised their year-end target for the S&P 500 and told clients that they did not anticipate that the Delta Covid-19 variant would derail the reopening of economies.
Nasdaq to spin-off private company platform
Nasdaq has teamed up with several of Wall Street's largest firms to spin-off its platform for investors in private companies.
US open: Stocks rally following variant fuelled sell-off in previous session
Wall Street stocks were sharply higher early on Tuesday as major indices looked set to crawl back some of the heavy losses recorded in the previous session.
US housing starts surprise to the upside in June, but permits drop
US homebuilding activity bounced back last month but forward-looking indicators pointed to weakness ahead.
Philip Morris posts earnings beat despite falling short of revenue expectations
Tobacco giant Philip Morris International posted a second-quarter net income of $2. 17bn on Tuesday, up from $1. 95bn a year earlier.
US pre-open: Futures in the green following Monday's heavy sell-off
Wall Street futures were in the green ahead of the bell on Tuesday as major indices looked set to crawl back some of the heavy losses recorded in the previous session.