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-0.000950376756499806 -0.000950376756499806 -0.000950376756499806 -0.00183286945896416 0.000543072432285741 -0.00135768108071406 -0.00665263729549922 -0.00210440567510693
Stock impact report

MORNING BID-Share rally gets a reality check [Reuters]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Reuters
MORNING BID-Share rally gets a reality check LONDON, April 15 (Reuters) - A look at the day ahead from EMEA deputy markets editor Sujata Rao. The views expressed are her own. Wall Street closed higher last night, driven by hopes of some lockdown restrictions being lifted, a fall in New York’s total hospitalizations and better earnings from consumer giant Johnson & Johnson. But the rally that took the S&P500 to five-week highs has had some cold water thrown over it in the shape of dire economic forecasts and further realisation of how damaging the coronavirus crisis is for company earnings. The IMF predicts the global economy will shrink 3% in 2020 for the steepest downturn since the Great Depression of the 1930s. The fund also warned of “extreme uncertainty” around forecasts of a 5.8% rebound next year. In all, it calculates the loss to the world economy over two years at $9 trillion, more than the combined gross domestic product of Germany and Japan. We also heard forecasts that the Show less Read more
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