U.S. President Trump waved from behind a car in a car outside Walter Reed Medical Center in Bethesda, Maryland, on May 4, 2020. Alex Edelman / Agence France-Presse / Getty Images U.S. European stocks rallied on Monday in anticipation of the last economic stimulus in the economy ahead of the …
Read More »Stock market leaders appear to be the most sensitive to Biden’s tax plan
Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
Read More »Here’s why the stock market crashed last week and what’s next for Wall Street
An volatility returned to economic markets last week with volatility, hampering almost uninterrupted climbs in U.S. stock index records and raising questions about the roadmap for Wall Street, leading to a framework of challenges for investors. Perhaps, the important question is, what happened to the hack in equity markets in …
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