March E-mini Dow Jones Industrial Average futures are trading nearly flat shortly before the cash market close in a narrowly traded session. Helping to keep prices in check is the anticipation of President-elect Joe Biden's speech on Thursday night, where he is widely expected to announce his stimulus plan that could exceed $1.5 trillion, a weakening jobs market and Fed Chairman Jerome Powell's reassurance that an interest rate cut would not be coming anytime soon.
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U.S. stock benchmarks were slightly higher Thursday afternoon, with the Dow and Nasdaq touching intraday records, as investors focused on the prospects of further financial aid ahead of a speech by President-elect Joe Biden Thursday evening.
China's cross-border e-commerce is becoming the latest driving engine for the country's foreign trade, which gained great momentum last year in a time of COVID-19 recessions. As the only major economy worldwide to see growth in 2020, China's total foreign trade volume has increased by 1.9 percent to 32.16 trillion yuan last year, according to data released by the General Administration of Customs (GAC) on Thursday.
Traditional automakers have struggled to sell electric cars. That could change as Ford, Volkswagen and others introduce new models. A few weeks before Christmas, San Tan Ford, a dealership in the Phoenix area, invited car buyers to gawk at the Mustang Mach-E, a highly anticipated electric car that Ford Motor recently started selling.
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1. On January 23, 2018, pursuant to section 203 of the Trade Act of 1974, as amended (the "Trade Act") (19 U.S.C.
The Wall Street analysts have a bullish outlook for Microsoft for 2021. The Seeking Alpha commentators are also bullish.
Morgan Stanley Wealth Management this week welcomed a $3.3 million team in North Carolina that returned after almost a 10-year sojourn by its family-team leaders at UBS Wealth Management USA. The husband-wife team of Charles C.
NEW YORK - U.S. stocks are ticking higher Thursday, despite a dismal report on the number of layoffs sweeping the country, as investors continue to balance their hopes for a better economy ahead against its current pain. The S&P 500 was 0.3% higher in morning trading, the latest listless movements in its lull since setting a record last week.
U.S. stock benchmarks traded higher Thursday morning, and the Dow touched an intraday record, despite a report showing weekly jobless benefit claims rising to the highest level since last August as business lockdowns were imposed again in some states to combat the coronavirus pandemic.
Finance expert Farnoosh Torabi tried the popular investing app Robinhood for six months Her conclusion: It puts too much emphasis on easy trades. Studies show frequent trading actually makes you less likely to achieve long-term wealth If you're thinking of investing, check out any fee-free brokerage and see if a Roth IRA is right for you.
As an unprecedented second impeachment of President Donald Trump unfolded Wednesday in Congress, market participants were mostly unfazed but mindful of the historic moment in U.S. politics. The riots led to the death of five people and raised questions in the U.S. and around the world about the integrity of U.S.
Traders seem to be unfazed by the second impeachment of President Trump or even a possible conviction in the Senate.
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Connecticut's top law enforcement official said on Wednesday that he was conducting an antitrust investigation into how Amazon runs its e-books business. William Tong, Connecticut's attorney general, said in a statement that the state "has an active and ongoing antitrust investigation into Amazon regarding potentially anticompetitive terms" in the distribution agreements the company has for electronic books with some publishers.
Online trading platform Vanguard offers a full-service securities trading capability but is best known for its huge range of mutual funds. E*TRADE, which arguably ushered in the modern era of online finance, offers a streamlined, easy-to-use day trading app where investors can trade stocks, exchange-traded funds (ETF), futures and options.
"The length of the pandemic is changing our industry for good," Aite research director Alois Pirker says.