Bleak report cards due from US corporates - News Summed Up

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Bleak report cards due from US corporates


Companies are also preparing to report their financial results for the first three months of the year in upcoming weeks on Wall Street. The numbers are likely to be bleak, but investors don’t know how long that will last. McDonald’s on Wednesday pulled its forecast for restaurant growth and other measures for 2020 and the long term, citing the uncertainty created by the pandemic. In Europe, stocks dipped after finance ministers clashed over a proposal to collectively combat the health crisis. Asian markets ended mixed.-AP


Source: The Standard April 09, 2020 03:11 UTC



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