Raise your hand if you knew that after the March tragedy, the stock market would reach record highs by the end of the year. Off. Put it down. No one believes you. Even for austerity, “buy when there is blood on the streets” for the crowd, when the epidemic broke …
Read More »European stocks stumble over COVID-19 vaccine shock, while US equity futures stimulus eases
The previous version of this article incorrectly identified the manufacturer of the COVID-19 vaccine. The story has improved. European stocks continued to sell lower on Friday and the uncertainty of the Brexit deal dragged on after Sanofi and GlaxoSmithKline’s COVID-19 vaccine candidate was shocked. U.S. equity futures also stumbled as …
Read More »US Steel will buy the rest of the new, low-cost steel mill
United States Steel Corp. Big has agreed to acquire the remaining .10.1% stake in Big River Steel LLC for 74 million, giving the steelmaker ownership of one of the country’s newest, most advanced steel mills. Osola, Arch of the Big River. Owned by Mills, US Steel rivals Newcore Corp., one …
Read More »The future of London Finance at stake in the Brexit fight
Brexit trade negotiations are under the wire this week. Even if the UK and the EU make an agreement, it will not cover Britain’s most valuable industry, and the one introduced by the EU: money. This has put an end to the plan to grab land between the group of …
Read More »Stokes pulls back after Tuesday’s record of the S&P 500
American stocks tumbled on Wednesday, pulling back from Tuesday’s record highs, rising cases of coronavirus and a slowdown in private sector job creation weighed on investor sentiment. The S&P 500 fell 0.3% a day after the benchmark hit its 27th closing record of the year. The Nasdaq Composite also fell …
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