COVID-19 is still raging, traders are starting to bet on “hornworms around the election,” and the US and China could not even agree on planning a scheduled meeting over the weekend. None of this is, of course, significant to the stock market. Goldman Sachs became the latest company to increase …
Read More »Stock market looks like ‘Wile E. Coyote,’ running down a cliff, ‘says expert
The S&P 500 index is crawling to the brink of a rare barrage, and persistent uncertainties created by the COVID-19 pandemic in its rise. Although the most important benchmark of the stock in the world is likely to have climbed to a record, the rally has been postponed by the …
Read More »Tesla share shot higher through Upgrades from BofA and Morgan Stanley
Analysts at BofA Securities and Morgan Stanley upgraded their ratings on Tesla Inc. shares on Friday, tinning the ranks of Tesla bears and increasing the stock to another record. Tesla TSLA, + 1.98% stock is on Friday for another very high, and has almost doubled in price this year. Earlier …
Read More »What to know: A new fee could pay off your mortgage more expensively
Text size Andrew Harrer / Bloomberg With interest rates on historic leases, a new fee could make it more expensive to refinance your mortgage, experts say. Fannie Mae (ticker: FNMA) and Freddie Mac (FMCC) announced a new 0.5% fee on limited cash-out refinances and cash-out refinances on Wednesday night. The …
Read More »Bank of America Corp. stock falls Thursday, underperforming the market
Shares of Bank of America Corp. BAC, -1.42% hit 1.42% to $ 26.35 on Thursday, proving to be a very fierce trading session for the stock, with the S&P 500 Index SPX, -0.20% fell 0.20% to 3,373.43 and Dow Jones Industrial Average DJIA, -0.28% falling 0.29% to 27,896.72. This was …
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