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On the brighter side as first-quarter earnings reports rolled in from European companies, Dutch payments firm Adyen NV reported a bounce in revenue and exchange-traded products company Flow Traders NV posted net trading income in the first three months of the year that topped its entire take for 2019.
Strategists at UBS Group AG predicted that the crisis for equities isn’t over yet and their counterparts at BTIG LLC said the historic distress in crude oil markets may actually be a bullish signal for stocks.
Key Developments:
Here’s the top virus-related earnings news for today by sector.
Consumer
Basic Resources
Autos
Financials
Industrials
TMT
Health Care
Travel & Leisure
Energy
Market Strategy
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