Closing for the stock market was tempered today by news of President-Elect Biden’s plan for a nearly $2 trillion stimulus package. Not to mention the current impeachment news that has shaken up the entire country. The Dow Jones fell 0.57% to close at 30,814.26. The NASDAQ fell 0.87% to close at 12,998.50 and the S&P
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It’s been a running joke in investment circles that value stocks are on the verge of breaking out, and time and time again those making those projections just get pushed back. Now, however, a large investment group is putting their weight behind that idea. Vanguard Group, with their asset management portfolio of $6.2 trillion is
The stock market saw a drop across the board today with all three major New York stock exchanges showing a decrease over the day. The Dow Jones saw a drop of 0.22% to close at 30,991.52. The NASDAQ dropped 0.12% to 13,112.64 and the S&P 500 fell 0.38% to close at 3,795.54. STOXX Europe, on
Stock markets around the world rallied in hopes of a major economic stimulus package will come quickly after the inauguration of President-elect Joe Biden on the 20th, and Goldman Sachs’ projects now that by the end of 2021 the S&P 500 will be at 4,300 points as a realistic outcome. The chief of Goldman
Advertiser Disclosure StocksForYou is not your typical stock recommendation service but one that offers the best and timely stock recommendation for investors eyeing high returns. The service has mostly lived up to expectations on helping beginners focus on the right things in the market, as was the case in a recent newsletter from November that we
Tensions between the Beijing and Washington have made it difficult for Chinese companies to pursue IPO listing in the U.S. With already listed companies facing the risk of being delisted from U.S stock exchanges, Chinese companies have had to rethink their plans but not MicroBT. MicroBT IPO The Bitcoin mining rig manufacturer is reportedly planning
Johnson & Johnson just might be adding their hat into the ring this year as yet another COVID vaccine provider. The company is expected to roll out their own vaccine in March, with effectiveness rates expected later this month or in the beginning of February. In fact, this is the first vaccine to be a
The stock market closed with mixed results today, with the Dow Jones coming in lower by 0.03% to close at 31,060.47. The NASDAQ closed up 0.43% to finish at 13,128.95 and the S&P 500 closed up 0.23% to finish at 3,809.84. STOXX Europe climbed today, by 0.11% to close at 409.07. GameStop Corp. saw
Benchmarks for the United States stock market trended slightly higher on opening today as data about inflation for the United States dollar remained stagnated and a vote from the House of Representatives about impeaching President Donald Trump one week before he leaves office coming today. On Tuesday the stock market moved back and forth from
The stock market saw a slight increase today with all three major New York stock exchanges coming in with positive numbers. The Dow Jones reported a 0.19% increase to close at 31,068.69. The NASDAQ reported an increase of 0.28% to close at 13,072.43 and the S&P 500 reported an increase of 0.04% to close at
In something that has become a cliche for many who have scoffed at cryptocurrency before, Bitcoin has entered bear-market territory as in the last 48 hours it has dropped at least 20%. Bitcoin has always been known as volatile and has a history of massive price swings both up and down over its history. It’s
With Tuesday starting on a better foot than Monday’s session there is optimism that a new administration next week as the United States moves from Donald Trump to Joe Biden and policy decisions going forward become more clear. With the market bouncing back from big drops time and time again recently will we see that
The stock and cryptocurrency markets were on edge on Monday as a sell-off wave gripped both counters. The sell-off came amid growing tensions and uncertainty in Washington as house speaker Nancy Pelosi laid down an ultimatum for Vice President to invoke the 25th amendment. Pelosi has made it clear that the House will impeach President
Tesla Inc. (NASDAQ:TSLA) means business in pursuit of growth opportunities in the vast Chinese electric car market. The electric vehicle giant is expanding its Gigafactory in the city of Shanghai with the construction of new buildings. The tech giant also plans to appoint a new design director, tasked with leading the Chinese arm of the
The stock market saw a rough day to close out the start of a new week. In fact, all three major New York exchanges saw drops today. The Dow Jones closed down 0.29% at 31,008.69. The NASDAQ closed down 1.25% at 13,036.43 and the S&P 500 closed down 0.66% at 3,799.61. STOXX Europe also fell
When 2020 started a milestone was hit in job demographics, as women held more jobs than men in the United States, something that only happened one other time at the end of 2009 and into 2010. There were still discrepancies, as women are more likely to work part-time because of expectations as caregivers and full
Following yesterday’s chaos at the Capital, it seems the stock market is coming back up as we head into the weekend. The Dow Jones finished up 0.18% to close at 31,097.97. The NASDAQ closed up 1.03% to finish at 13,201.98 and the S&P 500 closed up 0.55% to finish at 3,824.68. STOXX Europe also saw
With the financial markets ignoring the turmoil caused from the riots and confusion on Capitol Hill yesterday, delaying the certification of electors for President-Elect Joe Biden, both the Dow Jones Industrial Average and S%P 500 hit new highs at close on Wednesday and the Nikkei 225 notching another 30 year record on Thursday. However investor
In a mixed week for job results the number of Americans who applied for jobless claims for the first time fell slightly to start 2021, but unemployment is still very high and not very likely to fall until after the coronavirus pandemic goes away or at least is under control. Initial jobless claims traditionally filed
Bitcoin’s meteoric rise to record highs of $39,000 has propelled the overall cryptocurrency market cap to over $1 trillion. The milestone came on Bitcoin rallying by more than 8% in line with the bullish momentum in the overall cryptocurrency sector. Cryptocurrency $1 Trillion Milestone Even as Bitcoin raced to record highs, other cryptocurrencies also registered
The stock market showed some mixed results today with the Dow Jones and the S&P 500 coming in up but the NASDAQ coming in on a low. The Dow Jones closed up 1.44% to close at 30,829.40. The NASDAQ closed down 0.61% to finish at 12,740.79 and the S&P 500 closed up 0.57% to finish
It appears that measures to protect the public from the coronavirus pandemic hit back at private employers at the end of 2020 as private sector employment fell in December and cases, hospitalizations, and deaths from the coronavirus grew across much of the country. Employers who are active in the private sector were caught with dropping
Tensions between the U.S and China remain at elevated levels. Beijing is the latest to take a swipe at Washington over an impending move to delist three Chinese Telcos from the New York Stock Exchange. China has already called out the action, insisting it amounts to a breach of the market rules and is only
It’s all systems go for Fiat Chrysler and Peugeot owner PSA Group merger. Shareholders have voted overwhelmingly for the proposed merger that will result in the fourth-largest automaker in terms of sales. FIAT-PSA Merger Under the proposed merger terms, PSA CEO Carlos Tavares is to become the CEO of the new company that will be
The market is looking pretty bleak in New York today, with all three major markets coming in low. The Dow Jones fell over 500 points and 1.25% to close at 30,223.89. The S&P 500 fell 1.48% to close at 3,700.65 and the NASDAQ fell 1.47% to close at 12,698.45. On the other hand, STOXX Europe
With four million Americans now vaccinated against the coronavirus there are some signs that a permanent recovery is on its way, but what that recovery is going to be has the early signs of one that is still void of many jobs. When the economic crunch hit hard in March over 30 million Americans were
Gold futures started Monday on a high note seeing 2% gains and putting them at a level that would be the best annual return in a decade while the United States Dollar fell to its lowest value in about two and a half years. The high value of gold bullion is likely because of
Billed as one of the most bizarre years, one thing stood out in 2020: Special Purpose Acquisition Companies SPACs. Better known as shell companies, SPACs took the market by storm as the need to raise capital inched a notch higher among private companies. While private companies have always had ample access to capital from venture
Coinbase is the latest crypto player to find itself embroiled in a tricky lawsuit over the sale of unregulated securities. The U.S-based crypto exchange is to stand trial for allegedly receiving commissions on XRP coins’ sale on its platform. Coinbase Sued According to the lawsuit lodged by Thomas Sandoval, the crypto exchange went forth and
Ticketmaster has agreed to a fine in order to stop prosecution for alleged hacking that occurred from the company into one of their competitors computers. According to Ticketmaster, the incident was isolated, with two of their employees acting on their own volition to execute the hack. They state that the two have since been terminated.
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