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4.10848031411942E-06 4.10848031411942E-06 -0.00147083595248969 -0.00104355399981099 -3.28678425138895E-05 0.00185292462171158 0.00411267096413696 0.00374693404656547
Stock impact report

Why a wave of bad economic data isn't rattling stocks [CNNMoney.com]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: CNNMoney.com
Why a flood of bad economic data isn't rattling stocks A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here . London (CNN Business) Investors are getting pummeled with grim economic data from March and April. Although it doesn't look pretty, stocks are largely standing their ground. The latest: With much of the world on lockdown, measures that chart economic activity are repeatedly hitting their lowest levels on record . Even so, stock market volatility is at half its peak in mid-March, and inflows to top-rated US corporate bond funds continued last week. This makes sense given that most markets turn before recessions end, according to John Normand, the head of cross-asset fundamental strategy at JPMorgan. "The focus should be more on the return to growth than the contraction in the economy," he told me. That doesn't mean different asset classes will all recover at the same speed. US credit markets Show less Read more
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