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81%  
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Keyword: stocks

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  • Dow jumps nearly 450 points, clinches 8th straight weekly gain [25,883.25 !]

    02/15/2019 1:41:51 PM PST · by Red Badger · 23 replies
    CNBC ^ | 02-15-2019 | Fred Imbert | Michael Sheetz
    Stocks surged on Friday amid increasing hopes for a U.S.-China trade deal as equities posted another solid weekly gain. The Dow Jones Industrial Average jumped 443.86 points to 25,883.25 as J.P. Morgan Chase and Goldman Sachs outperformed. The S&P 500 gained 1.1 percent to close at 2,775.60, led by the energy and industrials sectors. The Nasdaq Composite advanced 0.6 percent to end the day at 7,472.41. Energy shares were boosted by higher oil prices. West Texas Intermediate futures rose 2.2 percent to $55.59 per barrel. Bank stocks also rose broadly. The SPDR S&P Bank ETF (KBE) climbed 2.25 percent. Goldman...
  • Remember When Chuck Schumer and Bernie Sanders Loved Business?

    02/04/2019 3:26:01 PM PST · by reaganaut1 · 6 replies
    Wall Street Journal ^ | February 4, 2019 | James Freeman
    ... In claiming that U.S. corporations have somehow become selfish weapons of mass economic destruction, Messrs. Sanders and Schumer encourage readers to look back to those good old days of the 1960s when American businesses were the engines of broad prosperity. The two men remember those times well, and clearly they were highly impressed. That’s why as young men they became stalwart champions of the free enterprise system. Just kidding. That was the era when Chuck Schumer was becoming active in Harvard’s Young Democrats club before volunteering for the left-wing presidential campaign of Eugene McCarthy. Later, after graduating from Harvard’s...
  • Schumer and Sanders: Limit Corporate Stock Buybacks

    02/04/2019 1:59:38 PM PST · by reaganaut1 · 55 replies
    New York Times ^ | Feburary 3, 2019 | Chuck Schumer and Bernie Sanders
    ... Between 2008 and 2017, 466 of the S&P 500 companies spent around $4 trillion on stock buybacks, equal to 53 percent of profits. Another 30 percent of corporate profits went to dividends. When more than 80 percent of corporate profits go to buybacks and dividends, there is reason to be concerned. This practice of corporate self-indulgence is not new, but it’s grown enormously. Fueled by the Trump tax cut, in 2018, United States corporations repurchased more than $1 trillion of their own stock, a staggering figure and the highest amount ever authorized in a single year. This has become...
  • Dow tumbles more than 600 points on Apple plunge, rising fears of an economic slowdown

    01/03/2019 2:38:21 PM PST · by Red Badger · 69 replies
    CNBC ^ | Published Wed, Jan 2 2019 • 4:37 PM EST | Fred Imbert & John Melloy
    U.S. stocks fell sharply on Thursday following a dire quarterly warning from Apple. The iPhone maker blamed a slowing Chinese economy for the shortfall, intensifying fears that the global economy may be slowing down because of the ongoing trade war. A weaker-than-expected reading on U.S. manufacturing added to those fears. The Dow Jones Industrial Average dropped 660.02 points, or 2.8 percent, to 22,686.22 as Apple shares led the decline. The 30-stock index tumbled to its low of the day right before the close, trading down as much as 707.83 points. The S&P 500 pulled back 2.47 percent to 2,447.89 as...
  • Dow surges 550 points as Wall Street rebounds from worst Christmas Eve ever

    12/26/2018 10:16:18 AM PST · by Red Badger · 53 replies
    CNBC ^ | 12/26/2018 | Fred Imbert | Eustance Huang
    Stocks rose sharply in volatile trading on Wednesday as surges in retail and energy shares helped Wall Street regain most of the steep losses suffered in the previous session. The Dow Jones Industrial Average traded 550 points higher as of 12:58 p.m. ET, while the S&P 500 gained 2.6 percent. The Nasdaq Composite outperformed, rising 3.5 percent. The Dow and S&P 500 briefly turned negative earlier in the day. Retailers were among the best performers on Wednesday, with the SPDR S&P Retail ETF (XRT) jumping 3.5 percent. Shares of Wayfair, Kohl's and Dollar General all rose at more than 5.5...
  • Stocks Extend Fall Despite Mnuchin Bid to Reassure Investors: Dow drops 2% or more for fifth time

    12/24/2018 11:43:28 AM PST · by reaganaut1 · 80 replies
    Wall Street Journal ^ | December 24, 2018 | Avantika Chilkoti and Michael Wursthorn
    A bruising stock selloff continued, erasing more than 650 points from the Dow Jones Industrial Average as Treasury Secretary Steven Mnuchin tried to instill calm into a jittery market. Coming off the stock market’s worst week since the 2008 financial crisis, the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite fell for a fourth straight session Monday as investors continued to weigh the impact of rising interest rates, slowing U.S. growth, and the ramifications of a government shutdown extending into January. With the selloff showing little signs of slowing, Mr. Mnuchin attempted to reassure investors, saying he had spoken...
  • AI Threat To Crash Markets?

    12/18/2018 4:59:46 AM PST · by Enlightened1 · 4 replies
    Fox News contributor Robert Wolf discusses how artificial intelligence could affect the markets.  https://www.youtube.com/watch?v=eZqYtU68GjU
  • Stock futures higher after China affirms 90-day trade truce deadline

    12/05/2018 9:15:37 AM PST · by SoFloFreeper · 12 replies
    Fox Business ^ | 12/5/18
    U.S. equity futures rose Wednesday after Beijing acknowledged the 90-day deadline set by President Trump and Chinese President Xi Jinping to find a solution to the two nations' trade dispute.... ....gains come after the Dow Jones Industrial Average plummeted 799 points Tuesday in a massive equity rout that stemmed from worries...
  • Stocks wipe out early gains!

    11/14/2018 11:32:18 AM PST · by entropy12 · 42 replies
    Yahoo.Finance ^ | 11/14/2018 | Emily McCormick
    US equities fell Wednesday, turning around after opening higher.
  • The Coming Retirement Crisis

    11/11/2018 7:33:17 AM PST · by proxy_user · 45 replies
    Real Vision ^ | October 28, 2018 | Raoul Pal
    A 48-minute YouTube video at the URL.
  • Financial transaction tax could actually ease our national debt

    11/02/2018 7:56:26 AM PDT · by C19fan · 71 replies
    The Hill ^ | November 1, 2018 | Patrick Colabella
    The news from the Treasury Department that the federal deficit has hit a six-year high of $779 billion should give President Trump added incentive to reset his agenda for 2019, regardless of whether or not the anticipated Democratic blue wave in the midterm elections materializes next week. A key element of that agenda should be the introduction of a financial transaction tax dedicated to all economic security payments (that is Social Security, Medicare and Medicaid, Unemployment Insurance and other forms of public assistance). Such a tax will address two of the biggest threats to our continued economic health: the federal...
  • Stock market wants a Republican wave...(Libs getting nervous)

    10/16/2018 1:13:11 PM PDT · by pacificus · 18 replies
    control of Congress With the odds for a blue wave fading, the market is pricing in a split Congress after the mid-term election, and strategists expect stocks to rally no matter the outcome. However, on the outside chance Republicans sweep, the market could actually do better in the year after the election. For the bond market, strategists see slightly higher rates if Republicans win both houses because of the prospect of more tax cuts and more U.S. debt
  • Dow tumbles 650 points to new low on day, bringing 2-day losses to more than 1,400 points

    10/11/2018 11:57:57 AM PDT · by BradtotheBone · 98 replies
    CNBC ^ | 10/11/2018 | Fred Imbert
    Stocks fell in volatile trading Thursday, a day after the major indexes suffered steep losses sparked by higher rates and a sell-off in tech shares. The Dow Jones Industrial Average traded 650 points lower, bringing its two-day losses to more than 1,400 points. The S&P 500 dropped 2.1 percent and was on pace for a six-day losing streak. The broad index also broke below its 200-day moving average for the first time since May. The Nasdaq Composite pulled back 1.5 percent and entered correction territory. The major indexes fell after some of the major tech names failed to recover from...
  • Dow Falls Over 300 Points Amid Tech Sell-Off

    10/10/2018 9:22:59 AM PDT · by aimhigh · 22 replies
    Fox Business ^ | 10/10/2018 | ETFTrends.com
    The Dow Jones Industrial Average fell over 300 points on Wednesday as tech names like Intel, Microsoft and Netflix were in the red, helping to also bring the Nasdaq Composite down over 100 points. The S&P 500 was also down just over 30 points as of 11:00 a.m. ET.
  • Dow rises, extending record run [DJIA 26,743.5 +86.52 +0.32%]

    09/21/2018 1:52:58 PM PDT · by Red Badger · 15 replies
    www.foxbusiness.com ^ | Published September 21, 2018 | By Leia Klingel
    The Dow Jones Industrial Average climbed Friday, extending its record-setting run to a second consecutive session. The Dow rose 86.52 points, or 0.32 percent, to 26,743.50. The S&P 500 ticked 1.08 points lower to 2,929.67. The Nasdaq Composite dropped 41.28 points, or 0.51 percent, to 7,986.96. The Dow Jones Industrial Average and the S&P 500 set intraday records in early trade Friday. On Thursday, the two major stock market indexes also set records, with the Dow rallying over 251 points to close at a record high for the first time since January. The S&P 500 also climbed to an all-time...
  • Trump 'definitely' boosted U.S. growth, Fed's Bullard says

    09/12/2018 9:57:08 AM PDT · by 2ndDivisionVet · 12 replies
    NASDAQ ^ | September 12, 2018 | Ann Saphir, Reuters
    SAN FRANCISCO, Sept 12 (Reuters) - St. Louis Federal Reserve Bank President James Bullard on Wednesday credited U.S. President Donald Trump with boosting U.S. economic growth in a way that may prove to be sustainable by lifting productivity. "I definitely think that the political change had an influence; I think that this is a pro-business administration that wanted to pursue strategies that were focused on economic growth," he told reporters after speaking at CFA Society Chicago, pointing to the reduction in corporate tax rates and improvements in business sentiment under Trump. Bullard said he currently estimates the economy is capable...
  • Trump declares 'market would crash' if Democrats impeached him

    08/23/2018 1:20:53 PM PDT · by 2ndDivisionVet · 43 replies
    Fox News ^ | August 23, 2018 | Brooke Singman
    President Trump, in an exclusive interview with Fox News' Ainsley Earhardt, warned that the “market would crash” if he's ever impeached -- while questioning why Democrats would even consider that course in the future. “I don’t know how you can impeach somebody who’s done a great job,” Trump said, in the interview which aired Thursday on "Fox & Friends." The president weighed in on calls from the left to pursue impeachment if Democrats seize the House in the midterms. That speculation kicked up following the plea deal struck by his former attorney Michael Cohen claiming the president was involved in...
  • FACEBOOK TROUBLES GROW – FACING LAWSUIT LIABILITIES OF...BILLIONS? 30-plus complaints piled up...

    07/28/2018 9:17:21 PM PDT · by BlackFemaleArmyColonel · 27 replies
    WND ^ | 28 July 2018
    FACEBOOK TROUBLES GROW – FACING LAWSUIT LIABILITIES OF ...BILLIONS? 30-plus complaints piled up just over Cambridge Analytica The investor and consumer doubts that sparked a near-20 percent plunge in its market value – some $100 billion plus – isn’t the only concern for the giant web company Facebook these days. A report at PJMedia outlines the billions in liabilities the company may have because of a number of crises in recent months. One was the scandal over allowing Cambridge Analytica to breach its users’ privacy and collect data for political purposes. “The company is facing massive fines and possible government...
  • Stocks Rocket Into Close on Report of U.S. Trade Deal With Europe

    07/25/2018 1:47:42 PM PDT · by Red Badger · 20 replies
    www.thestreet.com ^ | Updated Jul 25, 2018 4:05 PM EDT | staff
    Here Are Three Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average shot higher at the close on reports of a U.S. deal with the EU to avoid a trade war. Facebook (FB) slides in after-hours trading after revenue miss. General Motors Co. (GM) slumped 4.3% after the automaker issued an outlook for 2018 that was below analysts' estimates. Wall Street Overview Stocks surged in late trading on Wednesday, July 25, to end sharply higher on reports the U.S. and Europe have reaced an agreement to avoid a trade war The Dow Jones Industrial Average rose...
  • European stocks fall as Trump threatens China with tariffs on all $500 billion in goods to U.S.

    07/20/2018 8:51:33 AM PDT · by 2ndDivisionVet · 20 replies
    Market Watch ^ | July 20, 2018 | Carla Mozee
    European stocks fell Friday, with auto and bank shares among those losing ground as U.S. President Donald Trump threatened a significant expansion in tariffs on Chinese imports, underscoring concerns that a global trade war will crimp global economic growth and corporate profits. ---snip--- European stocks extended losses after Trump, in an interview with CNBC, said he’s “ready” to put tariffs on all Chinese goods imported to the U.S., which would amount to more than $500 billion. Trump had previously said he’s looking at targeting $200 billion in Chinese imports, and that would be on top of tariffs already in effect...