The Senate banking committee on Tuesday approved controversial Federal Reserve nominee Judy Shelton and Christopher Waller for two vacancies on the central bank’s board of governors. Their nominations are now directed to the full Senate for confirmation. President Donald Trump had announced his intention to nominate the couple in July …
Read More »5 things you need to know before the stock market opens on June 29, 2020
1. Dow will recover after 730 point drop on Friday Dow futures pointed to a gain of more than 200 points in Monday’s opening, a rebound after the Dow Jones Industrial Average fell 730 points, or 2.8%, on Friday, knocking down the blue chips 3.3% last week . After initial …
Read More »5 things you need to know before the stock market opens on June 24, 2020
1. Dow is poised to fall as US coronavirus cases rise. USA With the S&P 500 soaring more than 21% in the second quarter and with five trading days to go, Wall Street strategists are lessening the likelihood of institutional and other investors selling some of their big gains in …
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