U.S stock markets moved mostly higher today, boosted by gains in technology shares and positive sentiment around President Joe Biden’s forthcoming massive $3 trillion-$4 trillion infrastructure plan. In New York, the Dow Jones lost 85.41 points to 32,981.55, the S&P 500 moved up 14.34 points to 3,972.89, while the Nasdaq added 201.48 points to 13,246.87.
U.S. stocks closed lower today as investors extended a pull back from technology shares. In New York, the Dow Jones lost 3.09 points to 32,420.06 erasing a 360-point gain earlier in the day. Energy had powered markets higher for much of the day as a cargo ship blockage in the Suez Canal caused the price
U.S. stocks moved further into record territories after U.S. Feds signaled no interest rate hikes through 2023. In New York, the Dow Jones gained 189.42 points to establish a new record of 33,015.37, the S&P 500 added 11.41 points to a record close of 3,974.12, while the Nasdaq increased 53.63 points to 13,525.20. Canada’s main
U.S. equities advanced further today as the rotation into value stocks continued following a weak inflation report. In New York, the Dow Jones gained a solid 464.28 to 32,297.02, the S&P 500 rose 23.37 to 3,898.81, while the tech-heavy Nasdaq closed 4.99 lower at 13,068.83. Canada’s main stock index hit a new all-time high following
U.S. stocks declined lower today, extending losses from a day earlier as investors cautiously weighed signs of post-pandemic optimism against economic overheating concerns. In New York, the Dow Jones, the one bright spot, once again established another high, moving up 90.27 to 31,613.02, while the S&P 500 edged 1.26 lower to 3,931.33 and the tech-heavy
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After taking a deeper look into cannabis stocks, I quickly notice that stocks here emulate a classic “hype cycle.” But this isn’t necessarily a bad thing. And during my investigation into the space, Tilray (NASDAQ:TLRY) stock in particular caught my attention. Source: Jarretera / Shutterstock.com Here’s why it should grab your attention too. Long-time growth
Apr.22 — SAP SE Chief Financial Officer Luka Mucic discusses first quarter earnings results. The Walldorf, Germany-based software company saw its turnaround plan drive new business. He speaks with Bloomberg’s Anna Edwards and Mark Cudmore on “Bloomberg Markets: European Open.”
Apr.22 — JPMorgan Chase & Co. CEO Jamie Dimon needs to explain how the bank became involved in European soccer’s “Super League” plan, according to Chatham House chair and former Goldman Sachs Group Inc. banker Jim O’Neill. JPMorgan agreed to back the seemingly doomed breakaway league to the tune of 4 billion euros ($4.8 billion).
Apr.22 — Banker burnout is in focus again after an HSBC Holdings Plc contractor’s social media post about his heart attack went viral. Dani Burger reports on “Bloomberg Markets: European Open.”
In this article NTGR LVS KMI TDC CHDN CMG WHR David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: Kinder Morgan — Shares of the energy infrastructure company gained 3.5% after the company first-quarter earnings that topped analyst expectations. The company posted earnings per share
Skillz (NYSE:SKLZ) stock represents a mixed bag of news to unravel. I’ll start with the short-seller report back in March and its aftermath. Source: McLittle Stock / Shutterstock.com I think there’s an interesting narrative there which doesn’t paint a particularly flattering picture of the company’s management. Despite the company’s strong earnings and internal projections there
Apr.22 — Vidya Rattan Sharma, managing director of Jindal Steel & Power Ltd., India’s third-largest producer of the alloy by market value, discusses the outlook for the company and the economy amid the coronavirus pandemic. Jindal Steel is supplying oxygen to hospitals in the states of Chhattisgarh and Odisha, regions where the company runs its
Two Stocks with Impressive Records.
Apr.22 — Christopher Wehner, managing director for Asia at BMW Group, discusses the company’s outlook for the region, and its strategy for electric cars. The German luxury-vehicle maker reported better-than-expected first-quarter results after a broad sales rebound in all major regions led by China. Wehner speaks with Haslinda Amin on “Bloomberg Markets: Asia.”
Apr.21 — Ben Powell, chief strategist for Asia Pacific at BlackRock Investment Institute, discusses the opportunities he sees in global stock markets, the implications of central banks’ policies, and the tensions between the U.S. and China. He also talks about the outlook for the dollar, U.S. yields and emerging-market debt. He speaks with Rishaad Salamat
Apr.21 — Aimee Barnes, senior advisor at California-China Climate Institute and founder of Hua Nani Partners, discusses President Joe Biden’s climate summit, the reputation of the United States on the world stage and the U.S.’s climate goals. She speaks on “Bloomberg Markets: China Open.”
Apr.21 — Wai-Shin Chan, head of climate change center of excellence and global co-head of ESG research at HSBC Holdings Plc., discusses President Joe Biden’s climate summit and what investors should be watching. He speaks on “Bloomberg Daybreak: Asia.”
Apr.21 — A Chinese government bailout or a financial backstop may be in the works to clean up the balance sheet of troubled Huarong Asset Management Co. Sources say China is considering a plan for the PBOC to assume more than $15 billion of unprofitable assets from the state-owned asset manager. Bloomberg’s Stephen Engle reports
Apr.21 — U.S. regulators are considering tougher disclosure requirements for investment firms in response to the implosion of Archegos Capital Management and trading gyrations in GameStop Corp. Meanwhile, Wall Street banks have long relied on a familiar system to limit the dangers of trading with big clients: assign sales staff to win deals, and risk controllers to
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