LIVE Market Coverage Monday July 27 Yahoo Finance

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=dhxcv5K4bjg

Get the latest up-to-the-minute continuous stock market coverage and big interviews in the world of finance every Monday–Friday from 9 am to 5pm (ET). • #YahooFinance #Stocks #coronaviruscovid19 • The lineup: • 9am - 11am: The First Trade • 11am - 1pm: On The Move • 1pm - 3pm: The Ticker • 3pm - 5pm: The Final Round • #Stockmarket #coronavirus #YahooFinance • Stocks rose Monday ahead of a busy week of corporate earnings results, a Federal Open Market Committee monetary policy meeting and plethora of economic data reports. • [Click here to read what’s moving markets heading into Tuesday, July 28] • Each of the three major indices held in slightly positive territory Monday afternoon, with the information technology and materials sectors leading gains in the S P 500. Shares of Amazon (AMZN) and Apple (AAPL) each rose more than 1%, with both companies set to report second-quarter results later this week. • Meanwhile, gold prices jumped to a record Monday, closing in on the $2,000 per ounce mark as investors piled into the safe haven asset. Low interest rates and a weakening US dollar helped support the precious metal’s recent surge and could send prices even higher, according to some analysts. • “While we think gold will continue to be supported by rising geopolitical tensions, in our view the primary drivers of the gold price are its negative correlation to real interest rates and the dollar,” UBS strategists wrote in a note Friday. They forecast gold will reach $2,000 per ounce by the end of September. “We think these three factors, in combination with limited supply growth as miners continue to restrain capex spending, will drive gold prices higher.” • The ongoing Covid-19 outbreak has also continued to drive a flight to safety. Over the weekend, new coronavirus cases rose but showed signs of slowing in some US states, including in those that had recently been hard-hit by a resurgence in infections. • Former FDA Commissioner Scott Gottlieb told CBS on Sunday that there are “unmistakable signs that the epidemic seems to be slowing” in states including Arizona and Texas, albeit while being “more of a mixed bag in Florida and California.” Florida on Saturday overtook New York to become the state with the second-most overall infections after California. On Sunday, Florida’s new cases were 9,344, or a drop from the previous day, to bring total cases to 423,855. • With coronavirus cases still on the rise and impacting businesses, individuals and the labor market at large, investors will be eyeing developments in discussions for further fiscal stimulus from Washington. Senate Republicans are expected to release details of their plan in the coming days, after discussions carried on through last week between White House officials and congressional lawmakers. • For more on this story please visit: • https://finance.yahoo.com/news/stock-...

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