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    S&P 500, DOW AT RECORD HIGHS AS YEAR-END RALLY CONTINUES

    Dec 27, 2019

    The S&P 500 and the Dow inched to fresh record highs on Friday, as hopes of an imminent U.S.-China trade deal and an improving global economy continued to fuel a year-end rally. The benchmark index .SPX, which is about half a percentage point shy of logging its best year since 1997, has hit seve...

    REUTERS
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    CITRON BEARISH ON TESLA, BUT STOCK HOLDS FIRM

    Dec 27, 2019

    Shares of Tesla (NASDAQ:TSLA) shrugged off analyst pessimism in midday trade Friday after short-seller Citron came out with a cautious near-term view of the stock. Tesla (NASDAQ:TSLA) rose 0.3%. “Citron took A LOT of criticism for change of heart on $TSLA,” it tweeted. “Short inter...

    INVESTING.COM
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    FACEBOOK'S LIBRA HAS FAILED IN CURRENT FORM: SWISS PRESIDENT

    Dec 27, 2019

    Facebook's (O:FB) Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent. "I don't think (Libra has a chance in its current form), because central banks will not accept the...

    INVESTING.COM
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    U.S. STOCKS CLIMB, GOLD ADVANCES AS DOLLAR SLIPS: MARKETS WRAP

    Dec 26, 2019

    U.S. stock indexes ticked higher in holiday-thinned trading as investors looked ahead to January and a promised trade breakthrough between the world’s biggest economies. Treasuries held steady, gold advanced and the dollar drifted lower. Consumer companies led gains on the S&P 500 Index as...

    INVESTING.COM
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    NASDAQ, S&P HIT FRESH HIGHS ON TRADE DEAL HOPES, AMAZON BOOST

    Dec 26, 2019

    The Nasdaq breached the 9,000-point mark for the first time and the S&P 500 hit a fresh record high on Thursday, boosted by optimism over U.S.-China trade relations and gains in Amazon.com after a report signaled robust online holiday sales. Shares of the retail giant (O:AMZN) rose 3.2% after Ma...

    INVESTING.COM
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    BANKS OWN THOUSANDS OF COMMODITY-CARRYING RAILCARS IN 'SUFFERING' INDUSTRY: REPORT

    Dec 26, 2019

    A number of U.S. banks have accumulated hundreds of thousands of railcars that transport grain, coal and other commodities over time, despite a "suffering" industry, The Wall Street Journal reported Thursday. Banks like Wells Fargo, Citigroup, PNC and CIT Group held onto their railcar unit...

    FOXBUSINESS
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    WALL ST. IDLE NEAR RECORD LEVELS IN CHRISTMAS EVE TRADE

    Dec 24, 2019

    Wall Street hovered near record highs on Tuesday ahead of Christmas break as investors paused after a rally that was fueled by improving U.S.-China trade relations and optimism about the health of the domestic economy. The Nasdaq hit an all-time high, while the S&P 500 and the Dow Industrials we...

    INVESTING.COM
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    /news-article.aspx?ID=72577257

    VANGUARD REPORTS EXPENSE REDUCTIONS ON INTERNATIONAL STOCK AND BOND ETFS

    Dec 24, 2019

    In annual reports being published today, nine stock and bond ETFs reported lower expense ratios, including the $24.3 billion Vanguard Total International Bond ETF, the $17.3 billion Vanguard Total International Stock ETF, and the $63.2 billion Vanguard Emerging Markets Stock ETF, the largest in its ...

    PRNEWSWIRE
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    US-BASED DIGITAL ASSET BROKERAGE FIRM BITOODA ACQUIRES $7 MILLION VIA SEED ROUND INCLUDING CONTRIBUTIONS FROM FORMER JPMORGAN EXEC

    Dec 24, 2019

    US-headquartered digital asset brokerage firm BitOoda has acquired $7 million in capital from several large investors including a former senior investment executive at JPMorgan, the world’s sixth-largest bank. Established in 2017, BitOoda is an established crypto-asset financial services provi...

    CROWD FUNDINSIDER
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    TESLA HITS MUSK'S CONTROVERSIAL 'FUNDING SECURED' $420 A SHARE TARGET

    Dec 23, 2019

    Tesla shares hit a record high of $420 apiece on Monday, reaching the level that CEO Elon Musk said he had secured funding to take the company private. “Am considering taking Tesla private at $420,” Musk tweeted on Aug. 7, 2018. “Funding secured.” Monday’s gains, which ...

    FOXBUSINESS
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    /news-article.aspx?ID=72547254

    STOCKS SURGE TO RECORD HIGHS, KICKING OFF CHRISTMAS WEEK

    Dec 23, 2019

    The S&P 500 and Nasdaq Composite opened in record territory Monday morning as stocks kicked off their final full week of trading for 2019. The Dow Jones Industrial Average was just below its own record peak. The early gains have the Nasdaq Composite on track for an eighth straight close at recor...

    FOX BUSINESS
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    S&P 500, NASDAQ HIT RECORDS AMID TRADE OPTIMISM; BOEING BOOSTS DOW

    Dec 23, 2019

    The S&P 500 and the Nasdaq hit record highs on Monday after President Donald Trump said an initial U.S.-China trade pact would be signed soon, while Boeing was a big boost to the Dow after the planemaker ousted its chief executive officer. Boeing Co (N:BA) shares, which have a particularly big i...

    CAPITAL NEWS
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TRENDING NEWS


    GOLDMAN SACHS WILL NO LONGER HELP COMPANIES WITH ALL-MALE BOARDS TO FLOAT IPOS

    Jan 24, 2020

    From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, Chief Executive David Solomon said on CNBC on Thursday. The policy will apply to U.S. and European companies and will increase over ...

    VC CIRCLE
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    STOCKS - WALL STREET TUMBLES ON VIRUS FEARS, MIXED EARNINGS

    Jan 23, 2020

    Stocks tumbled on Wall Street amid a mixed bag of corporate earnings and growing concern at the spread of the coronavirus, after China quarantined the city at the heart of the outbreak and authorities confirmed more cases in new countries. The Dow Jones Industrial Average (DJI) fell 110 points, or 0...

    INVESTING.COM
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    /news-article.aspx?ID=73127312

    TESLA OVERTAKES VOLKSWAGEN AS WORLD'S SECOND MOST VALUABLE CARMAKER

    Jan 23, 2020

    Tesla Inc (TSLA.O) has overtaken Germany’s Volkswagen (VOWG_p.DE) as the world’s second most valuable carmaker behind Japan’s Toyota (7203.T), as the meteoric rise in the U.S. electric vehicle maker’s shares reshuffles the global market. Tesla’s stock has more than doub...

    REUTERS
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    /news-article.aspx?ID=73137313

    U.S. REGULATOR PLANS ENFORCEMENT ACTIONS AGAINST FORMER WELLS FARGO EXECUTIVES: SOURCE

    Jan 23, 2020

    One of Wells Fargo & Co’s (WFC.N) top regulators plans to bring enforcement actions against as many as 10 former executives in relation to the bank’s sales practices scandal as soon as Thursday, a person familiar with the matter told Reuters. The Office of the Comptroller of the Curr...

    REUTERS
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    /news-article.aspx?ID=73147314

    GOLDMAN CUTS PERSONAL LENDING AFTER LAUNCHING APPLE CARD

    Jan 22, 2020

    Goldman Sachs sharply curtailed its originations of personal loans last year amid the roll-out of its credit card partnership with Apple, according to the American Banker. The New York banking giant reported on 15 January that it sharply curtailed its originations of personal loans last year amid th...

    FINTECH FUTURES
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    S&P 500, NASDAQ HIT RECORD HIGHS ON IBM, CHIP POWER

    Jan 22, 2020

    The S&P 500 and the Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over earnings, while investors assessed risks from a virus outbreak in China. International Business Machines Corp shares jumped 3.5% after the company forecast full-year profit above market ...

    REUTERS
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    /news-article.aspx?ID=73107310

    U.S. STOCKS CORRECTION OVERDUE, BLOOMBERG BEST PLACED TO BEAT TRUMP: SCARAMUCCI

    Jan 22, 2020

    U.S. stocks are headed higher, although a 10% correction is “long overdue”, Anthony Scaramucci, founder and co-managing partner of Skybridge Capital, said on Wednesday. Scaramucci, who served as U.S. President Donald Trump’s communications director for less than two weeks in 2017, ...

    REUTERS
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    /news-article.aspx?ID=73117311

    TESLA ANALYST SEES $800 A SHARE, NEW BULLISH HIGH-WATER MARK

    Jan 21, 2020

    There’s a new Tesla bull on the block on Wall Street, with an analyst boosting his price target to $800 Tuesday, the highest on the sell side at present. Tesla (NASDAQ:TSLA) shares jumped 5.9% in morning trading. New Street Research analyst Pierre Ferragu, who already has a buy rating on share...

    INVESTING.COM
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    /news-article.aspx?ID=73067306

    STOCKS - S&P TURNS POSITIVE AS TECH FASHIONS REBOUND

    Jan 21, 2020

    The S&P turned positive Tuesday as investors continued to chase tech stocks higher ahead of key earnings for the sector. The S&P 500 added 0.11%, while the Nasdaq Composite gained 0.22% and the Dow Jones Industrial Average fell 0.06%. Intel (NASDAQ:INTC) and Micron (NASDAQ:MU) led a turnarou...

    INVESTING.COM
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    /news-article.aspx?ID=73077307

    CENTRAL BANKS JOIN FORCES TO LOOK AT FUTURE DIGITAL CURRENCIES

    Jan 21, 2020

    Major central banks are looking at the case for issuing their own digital currencies, the Bank of England and European Central Bank said on Tuesday, amid a growing debate over the future of money and who controls it. The central banks of Britain, the euro zone, Japan, Sweden and Switzerland will sha...

    REUTERS
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    /news-article.aspx?ID=73087308

    JPMORGAN SAYS 'OUI' TO PARIS EXPANSION POST-BREXIT

    Jan 20, 2020

    JPMorgan Chase & Co (JPM.N) is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London after Britain’s exit from the European Union, snapping up new premises in the French capital. JPMorgan would have said “No” to ...

    REUTERS
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    /news-article.aspx?ID=73037303

    GLOBAL FDI DIPS, HIT BY HONG KONG DIVESTMENT, BREXIT: U.N.

    Jan 20, 2020

    Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FDI could rise marginally in 2020 on the back of modest growth as trade tensions be...

    REUTERS
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