BNN: 'US equity futures signalled a turnaround after a rout that erased nearly US$2 trillion from the S&P 500 last week, as contracts bounced along with European stocks. Treasuries retreated. Contracts on the S&P 500 and Nasdaq 100 each added 1.5 per cent before the start of trading in New York following the long weekend.
'Apple Inc. and Microsoft Corp. climbed in the premarket while Revlon Inc. surged as much as 27 per cent as it rallies in the wake of its Chapter 11 bankruptcy filing. The drop in Treasuries took the benchmark 10-year yield back toward 3.3 per cent.'
If you've got oil n'gas stocks, they took a beating last week, but hold tight. TO THE MOON.
According to the survey, I know that the US erased nearly US$2 trillion from the S&P 500 last week. In my free time, I would like to read that information.
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