Elon Musk’s Tesla is set to make its shares more affordable for supporters after announcing a five-way stock split, the first in its history, on the back of a record year of growth for the electric car maker. The company said on Tuesday that the share split would be made …
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Tesla is now eligible to be considered for inclusion in the popular S&P 500 index after its successful earnings results. On Wednesday, Tesla reported its fourth consecutive quarterly profit, the final milestone it needed to reach for consideration in the index. Here’s what happens next, according to the S&P D&Jones. …
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Treasury Secretary Steven Mnuchin says the Trump administration’s goal is a stable US dollar, while, separately, he notes that some foam is seeping into the stock market that has risen from its coronavirus lows to end of march. “ “Clearly there are some individual stocks, I’m not going to mention …
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Tom DeMark says the S&P 500 index has more room to run, according to a Bloomberg News report on Tuesday. The technical analyst and market timekeeper says the broad market stock index is likely to hit 3,500 as the general stock market tries to catch up to the dizzying pace …
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US stocks rose on Thursday after June employment data exceeded expectations and further fueled hopes for a short-term economic rally. The Nasdaq Composite Index, heavy on technology, closed at a record high. The nation’s economy added 4.8 million nonfarm payrolls last month, the Bureau of Labor Statistics announced Thursday morning. …
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