Investors are bullish on stocks for the 4th quarter, but fear a coronavirus spike
A stock trader wearing a mask walks near social distancing signs the day a new IPO is launched at the New York Stock Exchange as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 27, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production.
Alexi Rosenfeld | Getty Images
Wall Street investors are bullish on stocks heading into the fourth quarter, but they concerns about a second coronavirus wave, according to a new CNBC survey.
As a part of CNBC’s Quarterly Report, CNBC polled dozens of investors, traders and strategists about where they stood on the upcoming quarter for stocks and the potential election impact.
Nearly half (46%) of the survey’s respondents said the S&P 500 will rise in the final quarter …continued .
[Source: CNBC News]