According to people familiar with the transaction, investor Bill Hwang caused a storm in the stock market last week when his firm, Archegos Capital Management, and its banks began reducing their holdings in blue-chip companies, according to people familiar with the transaction. The sale has sent shifts to individual stocks …
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Good Friday is next week and the markets will be closed as usual. What is unusual, however, is that the U.S. And with financial exchanges closing in some other parts of the world, the government is preparing to release a major report on employment amid the epidemic. Why is the …
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The bond market has stabilized after a massive sell-off, and the stock has been relieved. Technically dominated Nasdaq Composite COMP Over the last nine seasons and Russell has advanced to 2000 Root U.S. After the election, the small-cap index gained 2.8% to reach 2.35%. Will peace continue? Manoj Pradhan, former …
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U.S. The prospect of summer drivers filling up on the highway is gaining ground in the price of gasoline, a sign of economic recovery and an epidemic devastation is a boon for the energy industry. Considering oil recovery and growing consumer demand, gasoline prices at U.S. pumps hit an average …
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Following the sudden ouster of the central-bank governor last week, Turkey’s currency fell nearly 8% on Monday, setting the course for its biggest single-day selloff since 2018. According to Factset, the lira touched a low of 2 8,280 compared to 2 7,219. Turkish stock also sank. The uproar erupted after …
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