The convolutions that the Treasury market sent stocks into over the past few weeks is something investors should probably get used to. With Covid-19 cases falling, millions of Americans receiving vaccinations each …
Read More »Stock futures rise on vaccines, hopes for stimulus
U.S. equity futures rose Wednesday on optimism that the launch of the Covid-19 vaccines and progress toward agreement on a new fiscal stimulus bill portend a good economic rebound. S&P 500 futures …
Read More »Stocks rise as Treasuries stabilize
By Tom Wilson, Stanley White LONDON / TOKYO (Reuters) – Global stocks rose on Wednesday, with European indices echoing positive moves in Asia as a pullback in U.S. Treasury yields boosted demand …
Read More »‘Extraordinary times require extraordinary efforts’
Johnson & Johnson CEO Alex Gorsky on Tuesday discussed the company’s unprecedented partnership with rival Merck to boost production of its Covid-19 vaccine. “Extraordinary times require extraordinary efforts,” Gorsky told CNBC’s Jim …
Read More »Why some Chinese buy local electric car brands Nio, Xpeng and not Tesla
An electric vehicle charging station is seen at the Nio headquarters on January 31, 2021 in Hefei, China’s Anhui province. Ruan Xuefeng | Visual China Group | fake images BEIJING – Chinese …
Read More »China gears up for big annual meeting to chart growth strategy
Chinese President Xi Jinping attends the National Day reception on the eve of the 71st anniversary of the founding of the People’s Republic of China in Beijing, China, on September 30, 2020. …
Read More »Stocks are trading as optimism reopens, but risks remain
The stock market is rebounding from optimism, prompting tech stocks to tumble and cyclical stocks to rise in Tuesday’s session, CNBC’s Jim Cramer said. While all major averages fell to the close, …
Read More »Reddit readers trading during the day nearly crashed the stock market. They are now in an ETF.
If you thought that an ETF made up of the most boisterous stocks, as determined by social media conversations, seemed like the natural conclusion to the Reddit-fueled roller coaster of late January …
Read More »Stock futures rise slightly in overnight trading after Tuesday’s losses
US stock futures rose slightly in overnight trading Tuesday after stocks fell in the regular session. Dow futures rose 85 points. S&P 500 futures were up 0.27% and Nasdaq 100 futures were …
Read More »Dow Jones Industrial Average fell as China spooked equity investors
Text size China’s top banking regulator noted the high valuations of stocks in developed markets. The shares were called into question on Monday after comments by a Chinese regulator hinted that he …
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