There’s a lot going on and markets don’t quite know what to make of it yet.
Stock futures on Thursday hold modestly higher as investors brace for the busiest day of the fourth-quarter earnings reporting season and parse a better-than-expected weekly update on employment amid the COVID-19 pandemic.
The pound rose on Thursday, after the Bank of England tried to be as cautious as possible in saying it was time to start preparations for adding negative interest rates to its tool kit.
The number of people who applied for unemployment benefits at the end of January fell to a nine-week low, suggesting that hiring is slowly picking up again as a record wave of coronavirus cases recedes.
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European stocks rose on Thursday for a fourth consecutive session, led higher by drug companies.
Day traders from Reddit have often used Robinhood and other low-cost investment and trading apps to buy stock in companies such as GameStop and AMC.
