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Stock impact report

Stocks struggle with muddled government pandemic responses [Reuters]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Reuters
Stocks struggle with muddled government pandemic responses NEW YORK (Reuters) - Global equity benchmarks struggled on Friday as some U.S. states began reopening businesses despite the disapproval of health experts, and as the European Union put off addressing details of its new economic rescue plan. Safe-haven government bonds edged up while the dollar slipped, reflecting the market’s unsettled direction. Oil’s recovery lost some steam during the day. MSCI’s All Country World Index rose 0.45% as losses in Europe weighed on U.S. equity gains. The index is on pace for its worst weekly performance since March. Investors are watching for health data from early-opening states to learn if they acted too quickly, said Stan Shipley, macro research analyst for Evercore ISI. “The market is kind of stuck here,” Shipley said. “I don’t think it will move far from here until we see that we can reopen the economy.” As the U.S. coronavirus death toll topped 50,000, Georgia pushed ahead with its plan Show less Read more
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