For the stock market it has been a rough September with the S&P 500 SPX. + 0.29% Below 7% so far In its broader view of the markets, Citi’s global asset allocation team doesn’t expect to find any easy facilities on the promenade, as it will be the next U.S. …
Read More »European stocks and Dow futures fell as Goldman cut GDP view, citing a lack of stimulus.
A woman rides a bicycle behind a red light on September 23, 2020 in Paris, France. Christophe Archembult / Agency France-Press / Getty Images European stocks fell on Thursday and U.S. stock futures weakened as investors rallied against U.S. stocks. Congress has largely abandoned the idea that it will provide …
Read More »Junk bond jitters could signal the start of stock market capitalization
Glenn Kirk / Agency France-Press / Getty Images Investors worried about the recent turmoil in the stock market may want to keep an eye on the high-yielding corporate bond market of about $ 1.5 trillion to help gauge when more significant sell-offs could begin on Wall Street. Analysts are often …
Read More »How long will Washington have to cut stocks to take action? You may not like the answer
Wall Street investors and ordinary Americans waited for Washington to enact legislation in a second round of stimulus to support the covid-affected economy, after completing its last year in July. Most pundits were relatively optimistic for a while. But in the last few weeks, Congress, which has been delaying the …
Read More »Monday’s stock market selloff set the worst September in 18 years
September trading lives up to its billing and then some. Stocks were emerging on Monday on a bullish trend that now threatens to push the US equity benchmark into a rally that could set the stage for the September biggest sell-off for the biggest equity gauge of the year. Broad-Market …
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