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 …
Read More »Friday’s jobs report will be released on the closed stock market – the only 12 times since 1980
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 …
Read More »The housing market is already on fire, and inflation will follow soon, argues former Morgan Stanley economist
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 …
Read More »Mostly stable in Asia stocks, weather Turkish lira squall
SYDNEY (Reuters) – Asian markets on Monday held nervous as the Turkish lira plunged into a tested risk appetite, with stocks and bonds showing limited bids for safe havens. File photo: Turkish Lira Banknote Note This illustration taken on January 6, 2020. Reuters / Dado Ruvik / Illustration // File …
Read More »Stock Futures Edge Lower After Dow Milestone
A day after the Dow Jones Industrial Average closed above 1,000,000 for the first time, U.S. investors clashed with investors selling government bonds and high-value technology stocks. Stock futures are down. S&P 500 futures fell 0.4% after the broad market gauge hit an all-time high on Wednesday. The Nasdaq 100 …
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