NEW YORK: Investors will be anxious to see whether upcoming quarterly reports and outlooks from US companies validate expectations for a strong 2021 rebound in earnings and the economy, which were ravaged by the coronavirus pandemic last year.
US stocks are at record highs, boosted largely by optimism that the rollout of vaccines to fight the Covid-19 virus will allow for that recovery, while hopes of more fiscal stimulus under US President-elect Joe Biden have also underpinned the market.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
