Most U.S. equity investors now expect presumptive Democratic nominee Joe Biden to defeat President Donald Trump in the November election, according to a new survey from RBC, an event that will also be bearish for stocks given the former Vice President’s policy stances. According to the survey of 107 institutional investors, 63% of investors expect […]
The stock market is back in major rally mode again after a brief downdraft. So, instead of trying to fight the tape as they say on Wall Street trading floors, why not back up the truck and search for additions to the portfolio. Market experts we talk with are divided...
Stock futures ticked down Wednesday evening, adding to losses from the regular session. The S&P 500 and Dow snapped a three-day winning streak by market close, with concerns over a jump in coronavirus cases in some major states contributing to declines. However,...
There’s been a surge of interest in stocks of companies in financial trouble, most notably Hertz (HTZ), which filed for Chapter 11 bankruptcy and was dumped by activist investor Carl Icahn only to be picked up by many users on Robinhood and other stock-trading...
The stock market gave a rare nod to reality this week, after Federal Reserve chair Jay Powell laid out his vision for a creeping economic recovery that will take years rather than months. The Federal Reserve forecast that real GDP will decline 6% by the end of 2020,...
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