The US dollar is taking a beating on Wall Street, measured by a popular index. The blame is partly on the revival of the EURUSD euro, -0.01% as European leaders forged a historic fiscal pact to lift the eurozone economy out of the coronavirus pandemic that has brought much of …
Read More »The euro remains high as investors bet that the recovery hinders the dollar, stocks rise
SINGAPORE / NEW YORK (Reuters) – The euro remained at its highest point in 18 months, silver soared and commodities advanced on Wednesday as hopes of economic recovery pushed up bets on a recovery in global demand and the fall of the US dollar. FILE PHOTO: A security guard wearing …
Read More »S&P 500 turns positive for 2020, but most stocks miss the party
NEW YORK (Reuters) – The US S&P 500 benchmark is now positive for the year, yet most of its components have passed the rebound. FILE PHOTO: Traders wearing masks work, the first day of in-person trading since closing during the outbreak of coronavirus disease (COVID-19) on the floor of the …
Read More »Only a few stocks are fueling the rise in the market. Watch out.
As the S&P 500 falls into positive territory again throughout the year, investors need to be mindful of the fact that a handful of stocks appear to be doing much of the heavy lifting. The benchmark market index rose 1.3% in 2020 through Monday’s close, but much of that profit …
Read More »This could be ‘the worst time ever’ to stack on these stocks, but investors are still doing it anyway.
Two of the most reliable patterns in investing, according to Servo Wealth Management CEO Eric Nelson: stocks outperform bonds, and low-priced stocks outperform higher-priced growth. Stocks have delayed their end of the bond deal lately, but value stocks have been losing. It would be prudent for investors feeding off the …
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