According to people familiar with the transaction, investor Bill Hwang caused a storm in the stock market last week when his firm, Archegos Capital Management, and its banks began reducing their holdings in blue-chip companies, according to people familiar with the transaction. The sale has sent shifts to individual stocks …
Read More »Friday’s jobs report will be released on the closed stock market – the only 12 times since 1980
Good Friday is next week and the markets will be closed as usual. What is unusual, however, is that the U.S. And with financial exchanges closing in some other parts of the world, the government is preparing to release a major report on employment amid the epidemic. Why is the …
Read More »Stock Futures Edge Lower After Dow Milestone
A day after the Dow Jones Industrial Average closed above 1,000,000 for the first time, U.S. investors clashed with investors selling government bonds and high-value technology stocks. Stock futures are down. S&P 500 futures fell 0.4% after the broad market gauge hit an all-time high on Wednesday. The Nasdaq 100 …
Read More »Fintech Stripe Scores Blockbuster valued at $ 95 billion
Stripe Inc. A new round of funding for the financial-tech company is the most valuable start in the world. Stripe said on Sunday that it had raised 600 600 million from a group of investors, including Ireland’s National Treasury Management Agency, insurer Allianz Se Elizi. 0.16% And AXA S.A. Character …
Read More »Stock futures have risen since the Dow record
Stock futures moved higher on Thursday, showing that shares of giant tech companies G will put more pressure on the opening bell as investors wait for new readings in the labor market. Futures linked to the S&P 500 rose 0.7%. Agreements with Nasdaq-100 rose 1.9%, indicating that tech g stocks …
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