headline
09/29/2020
Indexes traded in tight ranges and on both sides of the ledger throughout as Wall Street anxiously awaits the upcoming presidential debate — and more in Tuesday’s stock market update. Another solid report on the housing market sparked opening strength before lackluster action ensued afterward. White House economic adviser Larry […]
09/29/2020
Although the COVID-19 pandemic threw a wrench in social gatherings and most in-person activities, not all businesses are struggling. In fact, some are actually taking off. With the rising number of coronavirus cases around the world, group fitness classes (fitness that’s done in a group setting led by a trainer […]
09/29/2020
Global stock markets fell this morning as traders and investors await today’s U.S. presidential debate between the incumbent President Donald Trump and his challenger, former Vice President Joe Biden. The debate comes amid rising coronavirus deaths and U.S.-China trade tensions. While investor confidence has been backed by infusions of central […]
09/28/2020
Wall Street showed strong momentum to start the day’s session as traders continued to buy the dip with the major indexes breaking out of prior trading ranges — and more in Monday’s stock market update. The higher close followed Friday’s gains and show cash is moving back into the stock […]
09/28/2020
Global stock markets opened higher this morning in the lead-up to Tuesday’s first U.S. presidential debate, and with China celebrating its National Day and Mid-Autumn Festival on Thursday. In China, the statistical bureau noted Sunday that industrial profits increased 19% in August, a strong sign as its economy recovers from […]
09/23/2020
Wall Street started the day’s session slightly higher following reports an agreement has been reached by Congress on a continuing resolution to avoid a government shutdown at the end of the month — and more in Wednesday’s stock market update. But it didn’t last as major indexes reversed course shortly […]
09/23/2020
World stock markets rose this morning as European shares advance despite new information that its regional economic recovery is unstable. After Federal Reserve Chair Jerome Powell encouraged Congress to provide a new stimulus package, many traders and investors are keeping close tabs on how the coronavirus pandemic is affecting the […]
09/22/2020
Wall Street opened higher but turned choppy ahead of testimony from Federal Reserve Chair Jerome Powell and U.S. Treasury Secretary Steve Mnuchin — and more in Tuesday’s stock market update. Both expressed cautious optimism that the economy is rebounding from the pandemic-induced recession with federal support, but said more help […]
09/22/2020
Global stock markets are mixed this morning. Shares in Europe bounced back as Asian benchmarks continue to decline. Multiple big bank stocks fell following a report that several are allegedly profiting from illicit dealings with criminal networks, and even continued to do so after being warned of potential criminal prosecutions. […]