What Do Election Results Mean For A Second Stimulus Package? Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line. Nov 4, 2020 Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Re...
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Consumer spending in the U.S. is likely to see at least a modest bump as a result of a resurgence in household wealth due to the stock market rally and higher house prices, according to London-based Capital Economics. "The continued surge in the stock market that we forecast is likely t...
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Friday's market will at least see high trading volume thanks to expirations and rebalancings As if the first half of the year hasn't been unexpected enough, moves in Friday's trading could be exacerbated further by "quadruple witching" in derivatives — the quarterly expiration of options on...
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Tuesday's sell-off can be tied toupward momentumin the bond market, said Larry Tentarelli, founder of the Blue Chip Daily Trend Report. Tentarelli called recent data showing strength in the economy a double-sided coin. While that strength is positive for the market in the long term, he...
Today's Bearish Activity Shares ofNovo Nordisk A/S (NVO - $18.47 to $84.97)are down over 16% today, the biggest intraday drop on record, after the pharmaceutical company announced underwhelming results for its experimental obesity shot. Per Bloomberg, Novo's experimental obesity shot CagriSema ...