Shares in the Asia Pacific rose during Thursday’s trading session, following positive news overnight about the development of a possible coronavirus vaccine. The Hong Kong Hang Seng Index led gains among the region’s major markets, rising 2.25%, from its last hour of trading. Shares of Chinese internet giant Tencent soared …
Read More »Cramer breaks down his favorite shares from a record second quarter
CNBC’s Jim Cramer on Tuesday reviewed the top winning stocks in the past three months after the second quarter, which was defined by the push-pull effects of the pandemic and the ongoing economic recovery, came to an end. “I would say that the most impressive actions from my point of …
Read More »Wells Fargo may need to cut its dividend by 50%, analyst says
Text size Wells Fargo plans to disclose its pay level when it reports second-quarter results in July. fake pictures With the Federal Reserve stress tests in the rearview mirror, Wall Street has a little more guidance on the path of bank dividends later this year. But the uncertainty remains. The …
Read More »Stock futures remain stable after market hits best quarter in decades
Stock futures fell slightly in trading overnight on Tuesday as the market will start a new quarter after a notable comeback. Dow Jones Industrial Average futures traded about 55 points below. S&P 500 futures and Nasdaq 100 futures fell 0.2% and 0.1%, respectively. Trading volumes were low. The market has …
Read More »Why stock market strategists have never been more confused in June about year-end prospects for stocks
It has been the best and worst time for US equities benchmarks in the past two quarters, and that is perhaps the reason why Wall Street analysts face their most perplexing challenge yet. The Dow Jones Industrial Average DJIA, + 0.84% and the S&P 500 SPX, + 1.54% According to …
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