Tag Archives: Equity markets

Wall Street waves, led by energy and materials

(Reuters) – Wall Street rose on Tuesday, with the Dow Jones Industrial Average finishing more than 2% higher when investors bought energy and materials stocks and looked beyond a recent surge in coronavirus cases. In widespread trade, Moderna Inc increased 18% after the biotech company’s experimental vaccine for COVID-19 showed …

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It’s time for investors to stop buying stocks that are “incredibly decoupled” from reality, economist warns

“ “The investment challenge could well change in the coming months from going through an exceptional wave of liquidity, which raised virtually all asset prices, to going through a general price correction and complex individual defaults.” “ That is Mohamed El-Erian, Allianz’s chief economic adviser, speaking about what investors should …

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