Tag: Stock markets

Goldman Sachs says higher taxes are the biggest risk to U.S. stocks

House Speaker Nancy Pelosi (D-CA) takes questions as she holds her weekly news conference with Capitol Hill reporters at the Capitol in Washington, July 22, 2021. Elizabeth Frantz | Reuters Tax reform, not waning economic growth forecasts, is the No. 1 threat to the U.S. stock market before the end of the year, Goldman Sachs […]

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Dow, S&P 500 fears? Why worrying about a correction is still the wrong way to invest

The Dow Jones Industrial Average and S&P 500 Index just suffered five straight days of losses and their worst weekly performance since — wait for it — June. Investors went into the summer easing up a little bit on stocks and have exited the summer with a similar bout of selling. Is there any more […]

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Stock futures are flat after Dow, S&P post fourth day of losses

U.S. stock index futures were little changed during overnight trading on Thursday, after stocks registered a fourth-straight day of losses. Futures contracts tied to the Dow Jones Industrial Average advanced 10 points. S&P 500 futures and Nasdaq 100 futures were slightly higher. During regular trading the Dow shed roughly 150 points, or 0.43%, while the […]

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Leon Cooperman says his biggest position in the market now is very contrarian

Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC Billionaire investor Leon Cooperman said the stock market is not susceptible to an imminent correction, and investors can still find plenty of bargains. “The cyclical conditions are not ripe for a big decline,” he said, speaking on CNBC’s “Squawk Box” Thursday. “I’m finding a lot of things […]

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China’s services activity contracts for the first time since early 2020, official data shows

A Meituan food courier delivers a bag of food to a resident of a neighborhood under lockdown due to the recent COVID-19 outbreak on August 11, 2021, in Zhangjiajie, Hunan Province of China. Yang Huafeng | China News Service | Getty Images BEIJING — China’s services industry contracted in August for the first time since […]

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Robinhood tanks after SEC chair tells Barron’s banning payment for order flow is a possibility

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Shares of Robinhood dropped on Monday amid several bouts of bad news for the brokerage app. Robinhood’s stock […]

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Affirm shares soar on news of Amazon partnership for buy now, pay later

Amazon is getting into the buy now, pay later space. The e-commerce giant is partnering with Affirm for its first-ever installment payments option on the popular e-commerce site. Affirm’s buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months, […]

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Stocks making the biggest moves midday: Dell, Peloton, Workday and more

Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Peloton – Shares of the cycle maker tumbled more than 7% after a disappointing quarterly report. The company […]

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