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
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 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
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%
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%
Applications for first time unemployment benefits fell to a three week low right before the Christmas holiday break to 803,000. This number while a drop is still quite high and is reflective of the new layoffs that have started to ramp back up over the past month that are tied to increased coronavirus cases across
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
Warner Bros. is set to expand it’s options on HBO Max, but movie theaters are definitely not excited about the transition. That’s because the plan is for Warner Bros. to release several movies over the course of the coming year direct to HBO Max, bypassing the movie theaters entirely. According to Citi Research analyst Michael
Tesla is managing to eek out quarterly profits but the CEO seems to be a little hesitant about whether the company will be able to continue to do so. In fact, Musk released an email to employees that stated that he is actually somewhat concerned about the future of their quarterly profits and whether they
Major investors have been leaving energy stocks for dead during the year as supply gluts have been causing prices for resources to slump. With the hope of a fast recovery for travelling in 2021 many are looking ahead to try and make gains as energy demand grows worldwide. An interview with the president of
The stock market saw a decline coming out of the holiday weekend. While the decrease was slight, it’s still not a good sign coming into the end of the month. The Dow Jones fell 0.91% to close at 29,638.64. The NASDAQ fell 0.06% to close at 12,198.74 and the S&P 500 fell 0.46% to close
Th US Stock market seems to be on an upward swing again with stocks rising for the second day in a row in the new week. The Dow Jones closed up 1.54% to finish at 30,046.24. The NASDAQ closed up 1.31% to finish at 12,036.78 and the S&P 500 closed up 1.62% to finish at
The market saw a slight rebound today as stocks climbed coming into the end of the week. The Dow Jones rose 0.15% to close at 29,483.23. The NASDAQ rose 0.87% to close at 11,904.71 and the S&P 500 rose 0.39% to close at 3,581.87. On the other hand STOXX Europe saw a less than stellar
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
Apple is jumping into an entirely new venture with their own processor designed entirely in-house. It’s the first time Apple has done anything like this, steering their brand away from Intel Corp. to turn their Mac into a fully in-house product. In fact, they have just announced that three of their new Mac products will
The stock market saw a huge jump today ahead of election results, with all three US markets making a step back in the right direction after large falls the week before. The Dow Jones closed up 2.06% at 27,480.03. The NASDAQ saw an increase of 1.85% to close at 11,160.57 and the S&P 500 saw
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
As the American energy sector continues its march away from traditional power generating means like coal toward solar and wind it’s important to see how both the energy generation industry will affect the environment and how fast it will move in the next few years. The energy project director of the Bipartisan Policy Center, Sasha
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.
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
Walmart is working on their Deals for Days option instead of a standard Black Friday which just might change the landscape of Black Friday and other retail shopping days. But are they going to be able to compete with other retailers that are also running these types of specials? Walmart announced that they would be
The California appeals court is finally hearing some of the arguments from gig workers in their lawsuit. The Tuesday appearance allowed them to hear arguments from lawyers for Uber Technologies as well as Lyft Inc. and the state of California itself. The argument is whether or not the state is able to recognize the drivers
It’s looking like a vital launch sequence from Apple during the COVID pandemic will be one of the most important ones they have had in years. The event, scheduled for today, is supposed to bring the first generation of 5G iPhones as well as possibly 5G capable tablets. The new phone generation is going to
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
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
There are some very influential investors that are warning others that there is a drop-off in the stock market on the horizon and getting yourself prepared is a necessity. Considering the volatility that has been 2020 so far and the previous seven plus years of overall increases in the investment market the number of warning
New video game systems are expected from both Sony and Xbox for the holiday season and those game systems are going to come with a whole lot of special gadgets, accessories and games. But news is starting to leak out about more factors affecting those games. In fact, news is showing that the prices of