Until late February, it looked like March might be a transitional kind of month, with earnings behind and the U.S. election season ahead. However, February ended with fears of the coronavirus spreading rapidly
However, February ended with fears of the coronavirus spreading rapidly as we see more cases. Investors got knocked back on their heels with a late-February sell-off, which saw major indices go negative for the year after starting the month with a huge rally.No one has any answers as coronavirus firmly occupies front and center going into the new month. The market had mostly been shrugging off the steady flow of virus headlines until late February’s huge plunge.
One thing besides the virus that does stand out about this March vs. other recent ones is politics. While this isn’t a political column, the market is definitely tuned into the presidential primaries, and investors should consider getting prepared for possible ramifications across sectors and asset classes.
These dynamics might start showing up in some sectors more than others, depending on which candidate or candidates seem to have the upper hand as March advances. Financial, Energy, and Health Care stocks could find themselves on shakier ground amid concerns about potential tighter regulations on banks, oil and gas production, and drug prices, for instance.
In fact, you could argue that relationships are “out of whack,” to use a scientific term. Both bonds and stocks have been moving quickly upward. Eventually it’s likely something might give, and the late-February activity pointed to stocks. The Feb. 24 market selloff really took a bite out of travel and semiconductor stocks. Information Technology as a sector got slammed. The virus is likely to determine whether these sectors get any relief in March.
MU isn’t the only “out of season” earnings highlight this coming month. Some other big names to look for include retailers Kohl’s , Dollar General , and Dollar Tree , tech companies Broadcom and Oracle , delivery firm FedEx , and Dow Jones Industrial Average member Nike .
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Kerr says 'hope' is Steph can return to Dubs on March 1Steve Kerr Says 'Hope' Is Warriors' Steph Curry Can Return On March 1 (Video) (via NBCSAuthentic)
Consulte Mais informação »
‘Grey’s Anatomy’ to Officially Send Off Justin Chambers in March 5 Episode (Watch)Justin Chambers’ last onscreen appearance in “Grey’s Anatomy” was back in November 2019, but his longtime character Alex Karev will officially get his sendoff in the March 5…
Consulte Mais informação »
Outspoken Hong Kong publisher held over pro-democracy marchHong Kong's Apple Daily newspaper says the outspoken head of its publishing group, Jimmy Lai, is being held by police over his participation in a protest march in August that was part of the territory's months-long pro-democracy movement.
Consulte Mais informação »
These are the 4 things you must stream on Amazon Prime in MarchWe're picking out the best stuff that's coming to Amazon Prime, including corpse-gobbling pigs, Rufus Sewell brooding, and Tim Gunn and Heidi Klum's next chapter in the world of reality fashion.
Consulte Mais informação »
Outspoken Hong Kong publisher held over pro-democracy marchHong Kong's Apple Daily newspaper said Jimmy Lai, the founder of Next Media, was picked up from his home by officers at around 7 am and taken to a police station in the Kowloon neighbourhood.
Consulte Mais informação »
What’s Coming to Disney Plus in March 2020Disney Plus will continue to expand its library next month, adding older films as well as new television shows, releasing as both weekly episodes and entire seasons. After streaming on Netflix for …
Consulte Mais informação »