U.S. The presidential election has been a draw, but it has not stopped the stock market from targeting the best day since the election more than 100 years later. Dow Jones Industrial Average DJIA, + 2.48% Its intraday high near midsection on Wednesday was close to 505 or above 6.6%, …
Read More »S&P futures and global stocks hit election day
U.S. Stock futures and international markets traded higher in the last few hours before the start of Election Day celebrations. By noon on Tuesday in Hong Kong, E-Mini S&P 500 futures were up 0.5%. In the previous session, the Dow Jones Industrial Average rose 1.6%, recovering from its worst week …
Read More »Ready for another big tech hearing / earnings doubleheader?
Three months ago, Big Tech’s biggest names were caught up in a congressional hearing that was rigged by politicians for their business dominance, then paraded in front of Wall Street a day later to appease them for their financial dominance. Someone must have enjoyed it, because it is going to …
Read More »Goldman Sachs not sash to recuperation, inflation 1MDB executives cut after final
Goldham Sachs G.S. 0.77% Group Inc. after agreeing to a costly settlement to settle several government investigations into its government’s role in Malaysia’s bribery scandal. Seizes millions of dollars from top executives. Wall Street pay firm chief executive David Solomon will repay the money from his predecessor Lloyd Blankfein and …
Read More »The stock market is set to fall next year – and it is unprepared for the 2 biggest risks, says Dutsh Bank’s asset-management arm.
There is no alternative, or TIAA, has been a solid investment strategy for those who are riding the stock-market wave. But Dutsch Bank’s international private bank’s chief investment office fee has its limitations, as the team has set a 12-month price target for the S&P 500 SPX. + 0.47% 3,300 …
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