Week Ahead: Will This Be The Week That Stocks Fall?
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| 📚 Daily Digest | Monday, Aug 8, 2022 | | |  | | | | Senate Passes Flagship Bill, CVS/Signify, SoftBank Loss - What's Moving Markets | | |  | | © Reuters. | | U.S. stocks are set to open higher after the Democrats' long-awaited and much-diluted tax and spending bill finally cleared the Senate at the weekend. A more comfortable vote in the House of Representatives is due later this week. SoftBank reported a record quarterly loss of nearly $24 billion after its famous (infamous?) aggressive bets on tech stocks soured. Palantir and Tyson Foods report earnings. CVS is looking to buy Signify and BHP is looking to buy Oz Minerals, but both are struggling to find acceptance from boards who think their stock drops are just a blip. Recession fears in Europe and elsewhere continue to weigh on oil and energy prices. Here's what you need to know in financial markets on Monday, 8th August. | | | | | | | | | | | | | | | | Don't Miss Out On Tomorrow's Webinar | | | | | | | | | | | | | | |
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