It wasn’t such a great start to the new year. S&P 500 SPX, -1.48% Fell 1.5% to start the trading year 2021, the worst single-day decline since October 28. Maybe one day represents the trend. “2020 bought the rumor, and 2021 will sell the news,” wrote Kirk Spano, author of …
Read More »NYSE 3 to list largest Chinese telecom to comply with Trump’s executive order
Last Updated: December 31, 2020 at 10:10 a.m. ET First published: December 31, 2020 at 10:07 a.m. ET China Mobile has been listed on the NYSE since 1997. AFP / Getty Images The New York Stock Exchange announced late Thursday that it has begun prosecuting three of the largest Chinese …
Read More »Gold investors face challenges ahead of Glory 2020
Gold wrapped up its best annual performance in years. What comes next is idolatry surviving on unpredictable dynamics, ranging from the strength of the global economic recovery to the health of the US dollar. One of the most active sell-offs in gold futures for February delivery ended Thursday’s session at …
Read More »Japanese stocks are bullish. What’s behind the surge.
The size of the text A pedestrian spotted an electronic stock board in Tokyo showing Nikkei 225 stock. Kyoshi Ota / Bloomberg Japanese stocks hit a 31-year high on Tuesday. Certainly, global markets are in a good mood as investors continue to rally for economic recovery. But the global economy …
Read More »Stock Futures Point to Extension Record-Setting Rally
U.S. Stock futures corrected on Tuesday, suggesting a day after major benchmark records closed could extend their rally. Futures tied with the S&P 500 and the Dow Jones Industrial Average rose nearly 0.4%. Both indices closed at an all-time high on Monday. Contracts on the Nasdaq-100 index rose 0.4%, indicating …
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