Post by Dave on Jun 25, 2020 2:45:47 GMT -8
Good morning. We have a green pre-market this morning at +$0.94 at this moment. What will it be today, up or down?
Apple closes more stores amid spike in COVID-19 cases
Premarket: Apple is greenish
U.S. stock futures wobbled Thursday as coronavirus cases accelerated across the U.S., leading businesses to revisit plans for resuming normal operations and damping hopes of a rapid economic recovery.
Futures tied to the Dow Jones Industrial Average drifted down 0.2% ahead of the opening bell in New York, signaling that blue-chip stocks may extend losses after dropping 2.7% on Wednesday. The pan-continental Stoxx Europe 600 erased earlier losses to edge up 0.4%, while major Asian equity indexes ended the day lower.
A rise in new cases in pockets of the U.S. has left businesses struggling to decide whether they should open, close or find a compromise. Apple on Wednesday that it would shut more stores in the Houston area following a sharp rise in cases.Walt Disney agreed to postpone the reopening of its California amusement park after workers urged the company to reconsider resuming operations in both Florida and California, where new cases touched fresh highs this week.
My take: Weak.
Apple closes more stores amid spike in COVID-19 cases
Apple (NASDAQ:AAPL) is temporarily closing seven stores around Houston, Texas as COVID-19 cases rise in the state.
It follows the closure last week of nearly a dozen Apple Stores across Florida, North and South Carolina, and Arizona (Apple has 271 U.S. locations).
"We take this step with an abundance of caution as we closely monitor the situation and we look forward to having our teams and customers back as soon as possible," the company said in a statement.
Apple Stores tend to be located in important shopping centers and malls, which may be a good indicator of how smoothly retail operations are reopening in the U.S.
It follows the closure last week of nearly a dozen Apple Stores across Florida, North and South Carolina, and Arizona (Apple has 271 U.S. locations).
"We take this step with an abundance of caution as we closely monitor the situation and we look forward to having our teams and customers back as soon as possible," the company said in a statement.
Apple Stores tend to be located in important shopping centers and malls, which may be a good indicator of how smoothly retail operations are reopening in the U.S.
Premarket: Apple is greenish
U.S. stock futures wobbled Thursday as coronavirus cases accelerated across the U.S., leading businesses to revisit plans for resuming normal operations and damping hopes of a rapid economic recovery.
Futures tied to the Dow Jones Industrial Average drifted down 0.2% ahead of the opening bell in New York, signaling that blue-chip stocks may extend losses after dropping 2.7% on Wednesday. The pan-continental Stoxx Europe 600 erased earlier losses to edge up 0.4%, while major Asian equity indexes ended the day lower.
A rise in new cases in pockets of the U.S. has left businesses struggling to decide whether they should open, close or find a compromise. Apple on Wednesday that it would shut more stores in the Houston area following a sharp rise in cases.Walt Disney agreed to postpone the reopening of its California amusement park after workers urged the company to reconsider resuming operations in both Florida and California, where new cases touched fresh highs this week.
My take: Weak.