Since July 6, when both the General and the banking index were at year lows, the gains amount to 15% for the former and 33% for the latter. The General Index has now covered the losses recorded since the beginning of this year, presenting an opposite picture in relation to the major international indices whose […]
Tag: Shares
Ford, Tesla and Netflix are among the best-performing stocks since the summer rally
Of Sergei Klebnikov With the S&P 500 up 17% from a mid-June low, big names such as Ford, Tesla and Netflix were among the biggest gainers, while several energy and consumer stocks fell despite a broad stock market rally last months. The benchmark S&P 500 has erased most of its losses from a violent selloff […]
JPMorgan: Three conditions for the stock rally to extend
Unlike the majority of its peers, who see the recent recovery in stocks as a bear market rally and expect further plunges, JPMorgan remains bullish on the view that the current bullish reaction has more room until the end of the year. According to the American bank, the current recovery in growth stocks * which […]
Cautious movements in the Euromarkets with an eye on Asia
Major European indices quickly lost opening momentum and are in search of direction, with investors assessing new macroeconomic data from China and Japan. In particular, the pan-European Stoxx 600 index is moving with a small increase of 0.13% and is at 441.4 points, with the defense sector of health care supporting the transactions moving to […]
Is the market plunge over? Not before the ‘quiet gorilla’ moves, warns BofA
Is the recent pushback in stocks a bear market rally or has the downtrend in the markets now reversed? The first is warned by Bank of America, which predicts a new big plunge, as unlike institutional investors, households have not sold shares yet. Unlike what had happened in the great stock market dives of the […]
Continuation of the bullish reaction on Wall Street
The main indicators of the American market are also moving on positive territory today after another better than estimated inflation measurement, today in wholesale prices. In particular, the industrial index Dow Jones moves with a rise of 250 points or 0.74% at 33,556 unitsthe broadest market index S&P 500 is enhanced by 0.7% at 4,240 […]
Wall welcomes inflation with a jump of more than 1.5%
The US market seems to be finding the confirmation it has been looking for in recent weeks in the inflation data, with all three indicators celebrating a significant slowdown in price growth. In particular, the industrial index Dow Jones makes a jump of almost 500 units or 1.5% at 33,270 unitsthe broadest market index S&P […]
Friday’s losses were erased by the euro markets led by retail trade
The main European indexes started the week with gains that offset the jitters from the overly strong US labor market. In particular, the pan-European Stoxx 600 index finished trading at 438.92 points, up 0.73%, receiving a strong boost from the retail sector which closed with a 2.5% jump. In the rest of the European charts, […]
Bill Gates transferred billions of dollars to the Gates Foundation through two stocks
Her Kerry A. Dolan When Bill Gates announced last month that he was donating $20 billion to the Bill & Melinda Gates Foundation — part of a move to increase donations from the philanthropic group — he did not share details about the assets he was giving away. Forbes found that, according to a recent […]
The impressive job market… scares Wall
The resilience beyond expectations shown by the US labor market appears to be causing … trepidation on Wall Street as hopes that the Fed will take a more dovish approach to policy tightening fade, with indices all trading lower in the latest session of the week. In particular, the industrial index Dow Jones moves at […]