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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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The stock market reported yet another drop today, with the Dow Jones falling 1.16% to close at 29,438.42. The NASDAQ closed down 0.82% to finish at 11,801.60 and the S&P 500 closed down 1.16% to finish at 3,567.79. STOXX Europe, on the other hand, saw an increase of 0.45% to close at 390.56.   The
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The period of a calm American market may be coming to an end and investors are waving the flags of defeat as they start to change their strategies for the rest of the year. With the presidential election coming up in just over a week and and numbers of coronavirus cases exploding across the country
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Results and analysis are in for the first month of consumer spending after the $600 unemployment boost was out, and what happened shouldn’t be a surprise to many. Spending levels in households that were employed remained relatively flat but those who received the unemployment are burning through the savings they grabbed at an alarming rate.
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The market closed today with mixed numbers heading into the weekend. The Dow closed up 0.39% at 28,606.31 and the S&P 500 closed up 0.01% at 3,483.81. On the other hand the NASDAQ closed down 0.36% at 11,671.56. STOXX Europe closed up 1.26% at 367.48. Overall, it’s a mixed message for what’s coming as we
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The Columbus Day holiday in the United States has affected some of the markets for the day. While the standard New York Stock Exchange was open, the federal government remains closed, resulting in no changes to the bond market. All three of the New York Stock Exchange markets closed up today with the Dow closing
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Members of the old Rockefeller Standard Oil family are asking large banks to pressure current oil companies to behave in a more environmentally friendly way. The announcement said that “financial leaders of today embrace innovation and move beyond profits of fossil fuels to develop banking models that will excel in a zero-carbon world.”   The
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