This week is expected to be a remarkably busy one, the main attractions going to the Federal Reserve, Bank of Japan and Bank of England will hold their policy meeting later this week.
The e-commerce pet-care retailer Chewy Inc. (NYSE: CHWY) reported better-than-expected second-quarter results on Thursday. The strong results are boosted after the pet adoptions have also been spiking during this Coronavirus pandemic period.
As per the recent update, the British biotech firm AstraZeneca (LON: AZN) would resume its trials for the experimental COVID-19 vaccine next week. On Tuesday, Pharmaceutical giant AstraZeneca suspended the late-stage trials after an illness in a study subject in Britain.
After heavy Wall Street correction on Thursday, today the Investors and traders will closely monitor the US non-farm payrolls report due later in the session. The market participants are anticipating a gain 1.4 million jobs in August, the unemployment rate is expected to tick down to 9.8%.
Zoom Video Communications (NASDAQ: ZM) shares climbed more than 28% in during pre-market trading on Tuesday after the company reported strong Q2 financial results on Monday after market close.