Text size Wells Fargo plans to disclose its pay level when it reports second-quarter results in July. fake pictures With the Federal Reserve stress tests in the rearview mirror, Wall Street has a little more guidance on the path of bank dividends later this year. But the uncertainty remains. The …
Read More »The economy is crumbling, but Wall Street had its best quarter in decades.
the Dow (INDU) recorded its best quarter since the first three months of 1987 with a jump of 17.8%, while the S&P 500 (SPX) recorded its best quarterly profit since the last three months of 1998, rising 19.9%. Heavy technology Nasdaq compound (COMP) it was only slightly delayed, with its …
Read More »Why stock market strategists have never been more confused in June about year-end prospects for stocks
It has been the best and worst time for US equities benchmarks in the past two quarters, and that is perhaps the reason why Wall Street analysts face their most perplexing challenge yet. The Dow Jones Industrial Average DJIA, + 0.84% and the S&P 500 SPX, + 1.54% According to …
Read More »Lululemon’s shares soar after $ 500 million deal to buy Mirror
Lululemon Athletica Inc. (LULU) – Get report Shares rose higher on Tuesday after the sportswear company said it would buy the new home fitness company Mirror for around $ 500 million. Lululemon, who previously had a private investment in Mirror, said he would sell the company’s key fitness device, a …
Read More »Micron, Uber, Jerome Powell, Covid-19: 5 things you should know
Here are five things to know for Tuesday, June 30: 1. – Mixed stock futures when Powell warns of uncertainty The future of stocks was mixed on Tuesday on the last trading day of the second quarter, as Federal Reserve chairman Jerome Powell warned that a rebound in the U.S. …
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