Shares of Tesla Inc. rose on Thursday after an explosive earnings report on Wednesday night, prompting large numbers of Wall Street analysts, both bulls and bears, to raise their stock price targets. However, the average target remained well below current prices, suggesting that most analysts believe the stock is overvalued. …
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Treasury Secretary Steven Mnuchin says the Trump administration’s goal is a stable US dollar, while, separately, he notes that some foam is seeping into the stock market that has risen from its coronavirus lows to end of march. “ “Clearly there are some individual stocks, I’m not going to mention …
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FILE PHOTO: Britain’s Home Secretary Priti Patel speaks to the media near the scene of multiple stabbings in Reading, Britain, June 22, 2020. REUTERS / Peter Nicholls LONDON (Reuters) – Britain’s route to citizenship for nearly three million people in Hong Kong will open in January 2021, and applicants won’t …
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Right now, there is a tug-of-war between cyclical stocks and what has become the defensive game, the tech sector, apparently on a daily basis. “Washington and the Fed continue to push money into the system. And if the economy remains weak, then bonds and defense will do quite well, ”says …
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The counts: Previously owned home sales increased 20.7% in June when states reopened their economies following coronavirus-related blockades. Existing home sales occurred at a seasonally adjusted annual rate of 4.72 million, the National Association of Real Estate Agents reported Wednesday. It was a big rebound from May, when sales fell …
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