FT: “Wall Street stocks advance after cryptocurrency jitters”By admin_45 in IN THE NEWS
Excerpt from the Financial Times quoting DataTrek co-founder Nick Colas:
... "US equities would remain volatile, DataTrek’s Nicholas Colas said, until companies reported second-quarter results and investors could assess whether the first three months of this year represented the peak of the recovery from last year’s industry shutdowns. “The volatility you see in stock prices day to day is the tug of war between earnings bulls and bears,” Colas said"....
Read the full article here in the FT!