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Bloomberg’s Lu Wang is out with a great story this morning chronicling the challenges facing active managers in an environment where a few megacap companies are powering the index to record highs. The basic problem is basic math — with the “Magnificent . . .
(Bloomberg) — European stocks are set to follow losses in the US and Asia as traders dial back optimism over possible Federal Reserve interest-rate cuts and trim positions before the long Christmas weekend. Most Read from Bloomberg Futures on Europe’s stock benchmark declined as much as 0.8% after the S&P 500 and Nasdaq 100 both […]
FedEx (FDX) shares fell as much as 10% early Wednesday after the company’s
US stocks edged higher to start the last full trading week of the year, with the Dow riding toward another record even as Federal Reserve officials tried to rein in high expectations for interest-rate cuts. The Dow Jones Industrial Average (^DJI) ticked up about 0.1% at the opening bell after closing Friday at a fresh […]
Stocks pulled back on Monday as doubts crept in about the prospects for a US interest rate cut, with the key monthly jobs report on the horizon. The S&P 500 (^GSPC) lost 0.7%, while the Dow Jones Industrial Average (
The back of the the “Fearless Girl” statue is pictured as morning sunlight falls on the facade of the New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar/File Photo
Earnings Beat Sends Salesforce Shares Soaring in Extended Trading 2 minutes ago Shares of Salesforce (CRM) jumped in extended trading after the enterprise software company’s
NEW YORK, Nov 22 (Reuters) – The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year’s presidential election and recession fears as likely to start weighing on markets. Since late October, the […]
Protests in Tehran, other cities were held in ‘support of the oppressed children of Gaza’ under the slogan ‘Palestine is not alone’. Thousands of Iranians held rallies across the country against Israel’s unrelenting bombardment of Gaza, with a top military commander warning that Israel was heading for a long and bloody war with Palestinian group […]
A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights NEW YORK . . .