Month: August 2021

Aug.31 — Komal Sri Kumar, president of Sri-Kumar Global Strategies, discusses Federal Reserve policy and its implications for global markets. Fed Chair Jerome Powell said last week the central bank could begin slowing down asset purchases this year, but it won’t be in a hurry to raise interest rates. Sri Kumar also discusses the outlook for Chinese stocks on “Bloomberg
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A general view of the atmosphere at the TommyXZendaya collection launch event at the Tommy Hilfiger store on March 3, 2019 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images for Tommy Hilfiger) David M. Benett | Getty Images Entertainment | Getty Images Check out the companies making headlines after the bell. CrowdStrike Holdings
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Broader markets have been celebrating new record highs regularly over the summer. Year-to-date (YTD), the Dow Jones Industrial Average (DJIA), the S&P 500 index, and the Nasdaq 100 index are up about 15.6%, 20.5%, and 18.2% respectively. Meanwhile, analysts debate whether valuation levels for many stocks are overextended at this point. Nonetheless, there are several catalysts that
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Aug.31 — Bloomberg Surveillance: Early Edition, live from London, Berlin and New York. Francine Lacqua, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Nikos Stathopoulos, partner at private equity firm BC Partners, says he’s optimistic about continued growth in private equity activity,
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The increased role of natural gas in the U.S. power sector is proving instrumental to emissions reduction. According to the EIA, coal-to-gas switching has led to a reduction of 33% of emissions from their 2007 peak. Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
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Record high home prices, increased DIY activity, and a robust housing market have led to a jump in consumer spending on home improvements projects and helped sales at Lowe’s surge. Lowe’s is the world’s second-largest home improvement store, and about 90% of the U.S. population lives within 20 miles of a Lowe’s store. The company
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