Text size It is good to be the Dow. The stock market continues to rise on Wednesday, but some indices are rising more than others. S&P 500 futures are up 1.4%, while Dow Jones Industrial Average futures are up 566 points, or 2.1%, and Nasdaq Composite is up just 0.5%. …
Read More »Dow futures rise nearly 500 points as vaccine hopes rise and investors cheer on gains
Stock index futures were aiming for a higher start for Wall Street on Wednesday as investors buoyed up with positive results for a COVID-19 vaccine candidate, looking beyond a continued rise in US cases. USA -Chinese tensions. What are the main indexes doing? Futures in the Dow Jones Industrial Average …
Read More »Moderna, Goldman Sachs, Tesla – 5 things you should know
Here are five things you should know for Wednesday, July 15: 1. – Increase of future shares in the progress of the vaccine Stock futures rose Wednesday, receiving a boost from news that a candidate for the Moderna coronavirus vaccine (MRNA) – Get report it produced the desired immune response …
Read More »This is what Goldman Sachs gives 90% chance of moving to the S&P 500 in the next decade.
The discussion about whether the markets were at the top lasted an entire day, after Tuesday’s recovery put the bears back in their dens. Positive news about the vaccine could broadcast Wednesday’s session. Looking a little further are the strategists at Goldman Sachs, led by David Kostin. They estimate that …
Read More »Major banks are hauling ‘big fees’ on debt and equity underwriting during the coronavirus crisis
Cash could be king during a crisis. But for the major investment banks that help the Federal Reserve do “whatever it takes” to maintain the flow of credit during the pandemic, the ace in the hole has been capital market commissions. Drink JPMorgan, Chase & Co. JPM, + 0.57%, which …
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