Among rising stocks, the financial service provider TCH did not earn impressive growth but the stock has still maintained its slight gain with active trading since it was added to the basket. Closing, TCH improved 0.2% to VND20,550 with matching volume of nearly 2.6 million shares. … [Read more...] about Bluechips shine bright, propping up stock market
“No—I’m running with common sense and what got us there,” Trump said. “Until the plague came in, we had the greatest economy in the history of the country and the greatest economy in the history of the world. We were beating China, we were beating everybody, like easily, and by a lot. Best unemployment numbers, best stock market numbers, which is incredible. If the stock market has just a few more good days, we’re going to beat those numbers, and we already have beaten them on NASDAQ. Would you believe the stock market is getting ready to have the highest numbers ever?” … [Read more...] about Exclusive — Trump Enumerates Consequences of a Biden Presidency: ‘Chaos in this Country,’ ‘Portlands All Over,’ ‘Stock Market Will Crash’
The market’s muddled open came after the Labor Department reported a seasonally adjusted total of 963,000 new claims for jobless benefits in the week ending August 8, the first week with fewer than 1 million claims since March 8-14. Even so, more than 28 million Americans remain on some form of unemployment insurance and are receiving far less aid than before after a temporary $600 weekly boost to benefits expired on July 31. … [Read more...] about Stocks open mixed after jobless claims decline, stimulus impasse deepens
Much of the rebound has been due to massive amounts of support from the Federal Reserve, which has slashed interest rates to nearly zero and propped up far-ranging corners of the bond market to keep the economy’s head above water. The ultra-low interest rates mean investors are getting paid very little to own bonds, which pushes some into stocks, boosting their prices. … [Read more...] about Stocks rebound on Wall Street, S&P 500 trades above record
Joseph Thomas, Head of Research at Emkay Wealth Management, said the outflow may stabilise over the next few months. "While we may see the current trend continuing in the shorter term, the course may be steadied on the availability of more macro data in the coming months." … [Read more...] about Mutual funds bought 10 stocks and exited 9 in July, do you own any?