Unexpected dip in U.S. manufacturing data drags U.S. markets down Major U.S. indices were weighed by underwhelming November manufacturing data as well as the latest tariff news. The unexpected dip in U.S. manufacturing data has overshadowed positive...
Read MoreShares of Best Buy (BBY) surged some 10% to an intraday and new 52-week high of $83.60 after the electronics and home appliance retailer posted better-than-expected earnings and raised guidance. The company now expects full-year EPS of $5.81 to...
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Turbulent day for U.S. indices finish in green Major U.S. indices are on track to close in the green today after reaching record highs yesterday. The Dow opened in the red this morning behind struggling Boeing and Caterpillar shares, as well as...
Read MoreYesterday, financial media revitalized the term “merger Monday” as some $60 billion in deals were confirmed. A few such as LVHM’s bid for Tiffany (TIF) has surfaced a few weeks ago. But, others such as Schwab’s (SCHW) move to...
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Positive corporate merger news move markets higher Indices are trading up today following a weekend raft of positive corporate merger news and an upbeat tune to trade deal commentary from China and the United States. The S&P 500 rose 0.6% to...
Read MoreThe world’s largest hedge fund has used options to establish a billion dollar bearish position. Is this a big bold prediction or merely a conservative, protective action? According to an article in the Wall Street Journal Bridgewater...
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Some unsure footing in the China/U.S trade deal drag markets down Indices are trading lower at the outset today following weaker than expected labor market data and some unsure footing in the China/U.S trade deal. U.S. Congress passed a bill in...
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