TipRanks News Bites: Making Sense of Factory Orders Report

The factory orders report for May, chaos in the airline industry, and China’s COVID-19 resurgence are some of the major stories on July 5. In this video, we discuss what factory orders indicate about the economy. We will also look at what has happened to Delta Airlines (DAL), Southwest Airlines (LUV), and other airline stocks as the industry struggles with overwhelming demand. Finally, we will look at the COVID-19 spike in China and what it could mean for the global economy.