Financial Industry News
The Dow struggled on a cautious day of trading. The Federal Reserve is expected to hold rates on Wednesday, despite the fact that a damaging round of trade war tariffs could come into effect over the weekend. Apple’s record-setting stock faces a nervous week, as for the first time, Trump’s import duties could affect its […]
Continue ReadingThe Dow fell about a quarter of a percent today, forcing the index below 28,000. The DJIA trailed the S&P 500 and Nasdaq, but the stock market was gloomy all around. Weakness in several core stocks contributed to the Dow’s underperformance. The Dow Jones Industrial Average turned south on Monday, slipping below the 28,000 level […]
Continue ReadingThe Dow Jones is on a strong bull run and Dennis O’Leary says markets aren’t likely to react as badly to new tariffs. Tariffs should be considered a value-added tax (VAT) since the U.S. is the only country in the G7 that doesn’t utilize it. No Fed rate cut in December is now a variable, […]
Continue ReadingThe Dow struggled to build on last Friday’s monster rally. There’s a crucial tariff deadline approaching. This week’s Federal Reserve policy meeting won’t rescue stocks from Trump. US stocks traded cautiously on Monday, preventing the Dow from building on last Friday’s monster 337-point rally. There’s a Federal Reserve policy meeting coming up this week, but […]
Continue ReadingTrump could be digging in for a longer trade war with China. The December 15 deadline is set to determine the direction of the Dow and the stock market. Imposing another round of tariffs could trigger a market sell-off, per analysts. Dow Jones Industrial Average (DJIA) futures slipped by 28 points in Monday’s pre-market trading […]
Continue ReadingDow Jones is up 20% in 2019 but billionaire investors are not convinced. Buffett, Gartman, and high profile investors are focusing on building cash-focused portfolio. Other major markets are at risk of imminent recession, placing more pressure on global economy. The Dow Jones is up 500 points in the past five days and retail investors […]
Continue Reading41% Billionaire Investors Wrongly Predicted 2019 Stock Market. Here’s Their 2020 Call😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊
Continue ReadingGold plunges $20 to $1,463.30/oz, the lowest since Nov. 27. Demand for haven assets declined across the board following solid jobs report. The Dow Jones Industrial Average climbed back above 28,000. The price of gold tumbled on Friday, wiping out weekly gains after a better than expected jobs report fueled investors’ appetite for risk. Gold’s […]
Continue ReadingDow bulls piled into the index as jobs data and sentiment showed a healthy domestic economy. A goodwill gesture from China also lifted the stock market, raising hopes of a last-minute breakthrough in trade talks. Goldman Sachs powered the Dow Jones higher with a 3% rally on hopes of a lower 1MDB settlement than Wall […]
Continue ReadingThe Dow skyrocketed on Friday, rising more than 300 points. The DJIA has virtually erased the 550-point plunge it suffered at the beginning of December. Here are the factors behind today’s massive upswing. Before the stock market opened on Friday, the Dow Jones Industrial Average looked like it would close out the week with a […]
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