A little-noticed provision of the revised Heroes Act which passed the House on Oct. 1 might destroy the U.S. municipal bond market. Although this may be a desirable outcome to proponents who would like to free state and local government from the...
Don't look now, but solar energy stocks are crushing the market -- and fossil fuel stocks -- in 2020. This follows years of underperformance by most solar energy stocks and a year when it was feared that the pandemic would grind the...
Shares of Intel (NASDAQ:INTC) tanked yesterday after the company reported disappointing third-quarter earnings results. Investors were rattled by a 7% drop in Data Center Group (DCG) revenue, one of the company's largest and most profitable businesses. Intel also warned that the challenges...
Stock Markets Following three consecutive weekly advances, stocks declined modestly last week. The news flow was dominated by headlines around the negotiations for another round of fiscal relief from Washington before the election, which is fast approaching. The 10-year...
The Nasdaq Composite (NASDAQINDEX:^IXIC) managed to finish the week on a positive note on Friday. The index rose almost 0.4%, which was roughly in line with the gains for the S&P 500. That still left it down more than 1% for the...
The Dow Jones Industrial Average fell slightly on Friday to end a downbeat week as investors weighed the potential for additional fiscal stimulus. The 30-stock average slid 28.09 points, or 0.1%, to 28,335.57 as Intel shares struggled. The S&P...
The U.S. Treasury market still runs the risk of abrupt freezes in liquidity like the one seen in March and April, as the COVID-19 pandemic roiled the financial system, a member of the Federal Reserve Bank of New York’s Market Committee said...
Friday was a fitting end to the week for the stock market, as Wall Street continued to balance worries against hopes. Another week went by without definitive progress on economic stimulus for the U.S. economy, and the presidential election is drawing nearer...
European stocks weakened on Thursday after the U.S. accused foreign rivals of election interference, even as progress appears to have been made on a new round for stimulus for the U.S. economy and earnings have largely been better than anticipated.
Shares in Asia-Pacific were mixed in Friday trade as investors monitored coronavirus developments. Mainland Chinese stocks led losses among the region’s major markets, with the Shanghai composite closing 1.04% lower at about 3,278 while the Shenzhen component dropped 1.999%...
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