Text size It is good to be the Dow. The stock market continues to rise on Wednesday, but some indices are rising more than others. S&P 500 futures are up 1.4%, while Dow Jones Industrial Average futures are up 566 points, or 2.1%, and Nasdaq Composite is up just 0.5%. …
Read More »Dow futures rise nearly 500 points as vaccine hopes rise and investors cheer on gains
Stock index futures were aiming for a higher start for Wall Street on Wednesday as investors buoyed up with positive results for a COVID-19 vaccine candidate, looking beyond a continued rise in US cases. USA -Chinese tensions. What are the main indexes doing? Futures in the Dow Jones Industrial Average …
Read More »Major banks are hauling ‘big fees’ on debt and equity underwriting during the coronavirus crisis
Cash could be king during a crisis. But for the major investment banks that help the Federal Reserve do “whatever it takes” to maintain the flow of credit during the pandemic, the ace in the hole has been capital market commissions. Drink JPMorgan, Chase & Co. JPM, + 0.57%, which …
Read More »It’s time for investors to stop buying stocks that are “incredibly decoupled” from reality, economist warns
“ “The investment challenge could well change in the coming months from going through an exceptional wave of liquidity, which raised virtually all asset prices, to going through a general price correction and complex individual defaults.” “ That is Mohamed El-Erian, Allianz’s chief economic adviser, speaking about what investors should …
Read More »Why has President Trump’s attitude toward the coronavirus been an “incredible gift” to investors?
“ “ Trump talking about the COVID-19 risk gave investors an incredible gift: It kept the markets resilient much longer than they should, and allowed us to ensure that our portfolio was positioned sensibly. ” “ That’s Axon Capital co-founder Dinakar Singh, winking at the president and his handling of …
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