Tuesday, January 26
The pandemic has been particularly hard on movie theaters but AMC Theaters, the industry's largest company, announced Monday that it raised $917 million of new equity and debt capital since mid-December, enough to "make it through this dark coronavirus-impacted winter."
US stocks have done well throughout most of the pandemic, reaching record highs, and prompting investors to ask Wall Street banks if markets are now a bubble. The banks aren't ready to say that yet, though.
Home prices have also hit record highs on the strongest home sales in 14 years. Tuesday brings two new readings on home prices from S&P CoreLogic Case-Shiller and FHFA.