U.S. President Trump waved from behind a car in a car outside Walter Reed Medical Center in Bethesda, Maryland, on May 4, 2020. Alex Edelman / Agence France-Presse / Getty Images U.S. European stocks rallied on Monday in anticipation of the last economic stimulus in the economy ahead of the …
Read More »Stock market leaders appear to be the most sensitive to Biden’s tax plan
Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
Read More »US auto sales showed signs of recovery in the third quarter
U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
Read More »In European stocks, the Dow futures have risen in anticipation of stimulus, while Bayer skids on the warning of justice.
The German chemicals giant Bayer logo is depicted at Bayer headquarters in Leverkusen. Roberto Payfil / Agence France-Presse / Getty Images European stocks rallied on Thursday, the first day of the final quarter, helped by US legislators hoping to reach a deal to provide new impetus. Stoxx Europe 600 SXXP, …
Read More »What history says happens after a bad size log in September
Major U.S. September proved to be a frustrating month for the equity benchmark, marking the first defeat for Wall Street since the recovery rally began in late March. However, history suggests that the terrible September, which is historically the worst month of the year for U.S. stocks historically, may then …
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