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The past year has been great for the companies that run the natural resource mines of the world. The FTSE 350 mining index that includes major diversified mining titans such as Rio Tinto, BHP Group, Anglo American, and Glencore, have returned 46% on average to shareholders over the past year according to FactSet compared to
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Applications for new United States unemployment benefits grew in the middle of February to the highest in four weeks to 861,000. This shows that Americans are still losing many jobs over a year after the beginnings of the coronavirus pandemic in the country. The initial claims field through the states rose by 13,000 to hit
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Newly installed Secretary of the Treasury Janet Yellen said on Thursday that signs of improvement in the United States economy are not a reason to shrink the Biden administrations $1.9 trillion relief plan because they believe the economy is still in a “deep hole” and many are still hurting.   In an interview Secretary Yellen
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Coming off of another record high on Wednesday the Dow Jones Industrial Average looked on while the Nasdaq and S&P 500 fell. That was led by those stocks listed on the small market capitalization net Russell 2000. It’s not the end of road for the small capitalization stocks yet however. Financial research specialists at Leuthold
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Tuesday’s trading session ended with a drop in both the Dow Jones Industrial Average and the S&P 500, which resulted in breaking the longest win streak for stocks in months. However there is something itching at the back of many investors minds, is there a major correction around the corner? Even bullish investors are starting
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What is going on in the markets? Many people don’t really know yet and even more are unsure of what to project forward with market moves. Investors are going over a large swath of corporate earnings while also waiting for the weekly jobless claims data to see what their short term strategy should be.  
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GameStop is seeing some controversy to their stocks with a climb up over $150 throughout the day today that ended with a loss for the day. In fact, the company saw shares climb 144% to an intra-day high that was nearly $160, but those stocks were halted several times. Not only that but the stock
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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
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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
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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
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The stock market is looking pretty good coming out of the holiday and heading into the end of the year. With all three major New York exchanges reporting improvement over the market today. The Dow Jones closed up 0.68% at 30,403.97. The NASDAQ closed up 0.74% at 12,899.42 and the S&P 500 closed up 0.87%
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As we come into the holiday weekend the stock market is showing a bit of volatility. But that’s to be expected with the chaos surrounding a potential stimulus package and a bill that is expected to stem a government shutdown. The Dow Jones closed up 0.38% to finish at 30,129.83. The NASDAQ closed down 0.29%
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Since the first vaccine news broke in late November the market has done very well on almost all fronts, with the S&P 400 gone up 6% since the initial announcement of Pfizer and BioNTech’s 90% effective vaccine. Expectations for the economic forecasting however have not changed because of these gains.   The head of global
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