Airline stocks suffered big losses on Monday, after data from the US Transportation Security Administration showed that travel demand declined last week to break a streak of 12-week increases from the bottom. of COVID-19 in mid-April. The drop in demand comes as the number of new cases of COVID-19 in …
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HONG KONG (Reuters) – Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in a bid to avoid being caught in the sights of China’s new national security law, according to six knowledgeable people. of the question. FILE PHOTO: A Star …
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The tyranny of gigantic tech stocks, which has supported the US equity market since March, had a major impact this week. For months, the most valued e-commerce and technology companies have staged an almost unrelenting rally during a public health crisis that has caused tremendous pain in the national and …
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If Tesla is added to the S&P 500 stock index this year, it will be a great victory for the electric vehicle maker and its shareholders. This is because money managers who manage funds that track the index or compare its performance against it will have to buy Tesla shares. …
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FILE PHOTO: Pedestrians are reflected in the window as customers transact at a Bank of America ATM in Washington on July 19, 2011. REUTERS / Kevin Lamarque / File Photo (Reuters) – Retail investment is having a moment. Top U.S. brokerage firms reporting quarterly results this week applauded the self-directed …
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