TOPLINE The stock market moved lower on Friday, but pared back losses after shares of Apple, Amazon and Facebook soared following better-than-expected second quarter earnings results. The major averages are set to end the month with solid gains. Michael M. Santiago/Getty Images KEY FACTS The Dow Jones Industrial Average was down 0.2%, over 50 points,…
A full-blown U. S. stock market crash may not happen anytime soon or not for a few months as investors and traders are comfortable that the Federal Reserve supports the stock rally. Source link
NEW YORK, NEW YORK – MAY 26: A trader walks by the New York Stock Exchange (NYSE) on the first day … [+] that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. While only a small number of traders will be returning at this…
getty Are Gold Prices Going Up? Gold prices are likely to continue their upward journey as investors know that the gold price has broken significant resistance. This resistance level, formed in 2011, reached an all-time high at $1921. As of today, the gold price is trading at $1943 and has reached as far as $1981.…
Many gold bas in a row getty Gold prices are within a whisker distance of touching the record high of $1,921, last witnessed in 2011. It is pretty clear that nothing can stop the precious metal reaching its record high. For investors, it is not about the record high, it’s about the $2,000 price level,…
economic crisis stock chart falling down business global money bankruptcy concept getty The current coronavirus stock market rally has been dubbed the most hated stock market rally in the history of financial trading. Despite the stellar rally we’ve seen from the U.S. stock market, speculators believe that this stock market rally will crash once it…
TOPLINE The stock market moved lower on Thursday after jobless claims came in worse-than-expected, rising for the first time in nearly four months amid the recent surge in coronavirus cases across the country. Jobless claims rose for the first time since March, indicating a slowdown in the labor market’s … [+] recovery. Spencer Platt/Getty Images…
(Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images) AFP via Getty Images Gold prices are extending their gains and currently trading at $1,875. Gold price is up nearly 23% year-to-date. The positive trend in the gold spot prices is chiefly due to the escalation in the geopolitical tensions and uncertainty…
TOPLINE The stock market moved slightly higher on Wednesday thanks to positive vaccine news from Pfizer and despite the U.S. ordering China to close its consulate in Houston—a move that further escalates tensions between the world’s largest economies. The Chinese consulate in Houston. Mark Felix/AFP via Getty Images KEY FACTS The Dow Jones Industrial Average…
Getty When Consumer Staples stocks outperform tech, it usually means a rough market If you follow the stock market, you know that the technology sector has been in a class by itself. In fact, I wrote an article earlier this year that argued that tech should be its own asset class. And that means we…