A man walks outside a Walmart in China. Tomohiro Ohsumi | Bloomberg | Getty Images Walmart’s online shopping strategy pays off in China, probably one of the most developed e-commerce markets in the world. The giant discount trade reported on Tuesday that net sales of e-commerce in China grew 104% …
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US stock futures were flat in the night trading on Tuesday, after the S&P 500 hit its highest level ever, erasing all losses from coronavirus sales. Dow futures rose 18 points. The S&P 500 and Nasdaq 100 futures won 0.04% and 0.05% respectively. On Tuesday, the S&P 500 returned to …
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Ralph Orlowski | Bloomberg | Getty Images The S&P 500 closed a new record on Tuesday, a performance that officially puts an end to Wall Street’s shortest bear market and confirms the comeback rally as a new bull market. The broad market index completed the session at 3,389.78, above its …
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Reuters / Rick Wilking Saudi Arabia’s Saudi wealth fund held its position in Warren Buffett’s Berkshire Hathaway in the second quarter of this year, an SEC filing revealed last Friday. The Royal Public Investment Fund has released 210,222 shares in Berkshire, giving it about $ 40 million of its previous …
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Treasury Secretary Steven Mnuchin on Tuesday criticized the top Democrats for what he categorized as idiosyncratic tactics and refusal to discuss any “reasonable deal” to provide relief to U.S. consumers and businesses affected by the Covid-19 pandemic. Wall Street had hoped that Mnuchin would support reports published on Monday night …
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