Shares rebounded to begin the week after Pfizer and BioNTech’s Covid-19 vaccine candidates received “fast track” status. This is what strategists and portfolio managers say for the coming semester and how investors should prepare. Nela Richardson, director and investment strategist at Edward Jones, sees stocks continue to rise in hopes …
Read More »Spartan buys Fisker for $ 2.9 billion. What it says about hot electric vehicle stocks.
Text size Fisker believes that Ocean is the world’s most sustainable all-electric SUV. Courtesy of Fisker. It’s official. Spartan Energy Acquisition is buying California-based electric vehicle maker Fisker in a deal that values the startup at $ 2.9 billion, another $ 1 billion valuation for the ultra-powered alternative fuel space. …
Read More »Dow futures rise more than 200 points as investors prepare for the start of the earnings season
Stock index futures were aiming for a higher start on Monday as investors prepare for a tough earnings season and applaud the news that the Food and Drug Administration granted “fast track” status to a couple of candidates for vaccines produced by Pfizer Inc. and the German biotech firm BoNTech …
Read More »Dow Futures Rise despite Covid-Case’s relentless increases. This is what the market may be looking at.
Text size Jeenah Moon / Getty Images 7:18 am Coronavirus cases continue to increase. The earnings season is preparing to begin. And the Dow Jones Industrial Average futures are rising. That is not as contradictory as it sounds. The stock market rebounded on Monday just where it left off on …
Read More »Will China’s epic 5.7% stock market collapse collapse on itself like 2015?
The fiercest surge in China’s stock market in years has left investors wondering whether the bull run for equities may last or fade away in disappointment. The sudden surge in China’s markets came as a result of several articles in the state media announcing the arrival of a new bull …
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