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The story from corporate America during the just-concluded third quarter of 2020 was not much different from what we saw in Q2. However, there was a little, encouraging twist.Executives at some of the...
Asia markets drifting as investors hit pause buttonThe disappointing US Retail Sales was enough of an excuse for investors to lock in some recent profits. US markets drifted lower with the S&P 500...
US stock markets directionlessUS equity markets drifted lower overnight, as US Retail Sales disappointed. That was enough of an excuse for investors to bank some recent gains in equity and energy...
The Moderna (NASDAQ:MRNA) vaccine news lifted Wall Street overnight, with the S&P 500 rising 1.17%, the NASDAQ rising 0.80%, and the cyclical-heavy Dow Jones jumping 1.62%. In Asia though, the...
After taking a severe blow since the COVID-19 outbreak in March, big oil stocks are showing some signs of life.The Vanguard Energy Index Fund ETF (NYSE:VDE)—whose top 10 holdings include Exxon...
Asian equities sharply higher on MondayThe signing of the RCEP trade agreement, robust regional GDP data, and a firm finish to Wall Street on Friday have all combined to lift Asian stocks sharply...
Asian equities see rotation trade profit-takingThe overnight session in New York saw a sense of calm return after the feeding frenzy of the day before. The technology work from home sectors remained...
Pfizer (NYSE:PFE) sends equities sharply higher.Financial markets danced the time warp back to the future overnight, as Pfizer and BioNTech announced that the preliminary results of their COVID-19...
Biden win boosts equity marketsEquity markets are on fire today following the US elections being called for Joe Biden. Mr Biden is perceived as being more friendly for trade, and with the...
Stocks on Wall Street look set for a volatile session ahead on Wednesday as results of the U.S. presidential election between Donald Trump and Joe Biden rolled in without a clear winner yet....
US equity markets jump, Asia also higherThe blue wave buy everything trade’s momentum continued overnight. Following a strong showing by Asia yesterday, European and American markets piled into...
With the US 2020 election results still being counted, Wall Street analysts continue trying to determine which stocks will perform better, depending on which party controls the White House and the...
US Manufacturing PMI sends US and Asia markets higherThe impressive outperformance by the US Manufacturing PMI overnight, rising to 59.3, lifted pre-election spirits on Wall Street. The data was all...
Apple's (NASDAQ:AAPL) stock is having a rough ride these days. Shares of the iconic iPhone maker are down about 20% from their peak, having closed yesterday at $108.77. The stock reached a 52-week...
The stock market generally moves up or down based on investor expectations about the future. October's market performance, during which the major indices endured their worst weekly losses since...