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Tech Leads Stock Gains, Tempering Stimulus Concern: Markets Wrap

(Bloomberg) -- Stocks rebounded as a rally in tech shares tempered concern over an uncertain outlook for a U.S. stimulus package. The dollar climbed.The S&P 500 erased losses and the Nasdaq 100 outperformed as giants Apple and Tesla climbed at least 1.8%. Industrial, consumer-discretionary and f

Citadel Securities Doubled Profit as Dominance Grew in 2020

(Bloomberg) -- In the last week of March, with the Covid-19 pandemic upending lives and markets, Ken Griffin started building a temporary trading floor in Florida.Citadel Securities mostly abandoned its Chicago and New York offices and set up shop at the Four Seasons Palm Beach, moving dozens of emp

William Hill Gets Takeover Approaches From Apollo, Caesars

(Bloomberg) -- Apollo Global Management Inc. and Caesars Entertainment Inc. have approached U.K. gambling group William Hill Plc about a potential takeover, the latest consolidation move in the betting industry.William Hill has received separate cash proposals from the two groups, it said in a state

Buy the Costco Earnings Dip? Let's Look at the Chart

Costco is dipping despite better-than-expected earnings. Here's what we're looking for when it comes to support.Buy the Costco Earnings Dip? Let's Look at the ChartCostco is dipping despite better-than-expected earnings. Here's what we're looking for when it comes to support.Costco Wholesale &n

Hedge Funds Are Slow-Walking Wall Street’s Return to Office

(Bloomberg) -- As the finance world tiptoes back into the office, some of the biggest hedge funds are opting to keep their workers at home into 2021.While Wall Street firms including JPMorgan Chase & Co. and Citigroup Inc. ramp up attendance at their global headquarters, staff at Bridgewater Ass

U.S. Stock Slide Has Strategists Predicting Tilt From Credit

(Bloomberg) -- Strategists predict a tougher period ahead for U.S. corporate bonds after a slide in equities to more appealing levels.The S&P 500 index’s near-10% drop from its Sept. 2 record burnishes the allure of equities versus credit, according to Evercore ISI, while BMO Capital Markets rec

Chart Reading: 3 Telltale Clues To Look For In Nvidia, Netflix

Learning how to read stock charts helps you get in early on stocks like Nvidia (NVDA), Netflix (NFLX), DocuSign (DOCU), Veeva Systems (VEEV) and Datadog (DDOG) in the early stages of a big move.Stock charts also help you spot the right time to sell a

Boeing, Apple Inc. share gains contribute to Dow's 60-point jump

Powered by positive growth for shares of Boeing and Apple Inc., the Dow Jones Industrial Average is trading up Friday morning. The Dow DJIA, +0.34% is trading 60 points (0.2%) higher, as shares of Boeing BA, +3.49% and Apple Inc. AAPL, +2.04% have contrib

Dow bouncing around Friday, with a fourth straight weekly loss for stocks in sight

Stock benchmarks were flipping between positive and negative territory Friday, with major benchmarks in danger of logging a fourth consecutive weekly loss as worries grow over the economic outlook in the absence of renewed aid from Washington, jitters over the November presidential election and risi

Dow Jones Stocks To Buy And Watch In September 2020: Amgen, Apple, Home Depot, Microsoft

The Dow Jones Industrial Average closed out August with sharp gains, but September continued to show ugly price action. Top Dow Jones stocks to watch in September are Amgen (AMGN), Apple, Home Depot (HD) and Microsoft.There are clear winners — and losers — through the f

Dow Jones Erases Losses, As Apple, Tesla Jump; Novavax Surges 14% On Coronavirus Vaccine News

The Dow Jones Industrial Average fell nearly 150 points Friday before erasing losses, as the stock market rally attempt continues. Dow Jones leader Apple rallied over 2%, while Tesla jumped 5% in morning trade. Novavax soared as much as 14% on coronavirus vaccine news.Dow Jones leaders Apple&nb

J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels

After the summer bulls, markets corrected themselves – but more than that, the selling was highly concentrated in the tech sector. The tech-heavy NASDAQ is now leading the on the fall, having lost 11.5% since September 2.JPMorgan strategist Marko Kolanovic points out that much of the market is now w

U.S. weekly jobless claims unexpectedly rise

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly increased last week, supporting views the economic recovery from the COVID-19 pandemic was running out of steam amid diminishing government funding.Initial claims for state unemployment benefits t

EU/UK trade deal will fail if divorce treaty threatened, Ireland says

DUBLIN (Reuters) - Any final trade deal between the European Union and Britain will only be ratified if EU member states are fully certain the Brexit withdrawal agreement will be implemented in full, Irish Foreign Minister said on Thursday.British Prime Minister Boris Johnson plunged Brexit into cha

U.S. Political Risk, Jobless Claims and Dollar Strength: What's up in Markets -- Stocks are set to open in muted style, with no noticeable bounce. Jobless claims are expected to fall again slightly, and new home sales will once again give bulls something to chew on. French and German business confidence improves despite fresh restrictions in Paris. And Donald Tr

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