Good luck finding fault with how Wall Street kicked off the new year. The major indexes all closed out Monday with gains (including fresh closing highs for the Dow and S&P 500) and Wall Street crowned its first $3 trillion-dollar company (albeit briefly). About the latter: Apple (AAPL) – which became the first company to… Continue reading Stock Market Today: Apple Leads Sweet Start for Stocks in 2022 | Kiplinger
Stock Market Today: Stocks Slip on NYE, Still Deliver a Terrific 2021 | Kiplinger
Stock Market Today 2021’s final session had little in the way of fireworks, but stocks nonetheless locked in a stellar year of gains.Wall Street might have exited 2021 with a whimper, but most investors will look back kindly on a sterling year for stocks. Friday’s action was typical for New Year’s Eve: Little news or… Continue reading Stock Market Today: Stocks Slip on NYE, Still Deliver a Terrific 2021 | Kiplinger
Bridgewater’s Ray Dalio warns constitutional crisis in 2024 election will ‘hurt productivity’
Ray Dalio.Eoin Noonan/Web Summit via Getty Images Ray Dalio continues to warn that the US economy must contend with a shaky political foundation.”It is entirely possible that neither side will accept losing the 2024 election,” Dalio said in a Tuesday post.Dalio warned that such a crisis would hurt economic productivity and capital flows.Sign up here… Continue reading Bridgewater’s Ray Dalio warns constitutional crisis in 2024 election will ‘hurt productivity’
US stocks end mixed as Dow hits another record while Nasdaq falls more than 1%
New York Stock Exchange on Aug. 19, 2021.Wang Ying/Xinhua via Getty Images US stocks closed mixed Tuesday, with the S&P notching a new high while the Nasdaq slipped. Activity in the manufacturing sector grew in December, though less than forecast, according to the ISM report. At the same time, a record 4.5 million Americans quit… Continue reading US stocks end mixed as Dow hits another record while Nasdaq falls more than 1%
The SEC booted its decision deadline on a spot bitcoin ETF from NYDIG another 60 days
Jakub Porzycki/Getty Images The US Securities and Exchange Commission delayed its decision on the NYDIG spot bitcoin ETF. The deadline was previously January 15 and is now March 15, according to a Tuesday notice. The regulator rejected similar proposals from Valkyrie and Kryptoin just before Christmas. Sign up here for our daily newsletter, 10 Things… Continue reading The SEC booted its decision deadline on a spot bitcoin ETF from NYDIG another 60 days
Strategist from a $1 trillion asset manager predicts market correction and swift recovery as 2022 looks to be a bumpy ride
Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., February 5, 2018. Reuters/Brendan McDermidReuters/Brendan McDermid Invesco chief global market strategist said the market could be on course for a correction in 2022. The spread of the Omicron variant and the Fed’s plan to normalize monetary policy could weigh… Continue reading Strategist from a $1 trillion asset manager predicts market correction and swift recovery as 2022 looks to be a bumpy ride
Cathie Wood’s flagship Ark ETF slides 7% amid interest rate spike as underperformance spills into 2022
Drew Angerer/Getty Images Ark Invest’s no-good 2021 spilled into 2022 with a 7% decline in its flagship fund on Tuesday.The ETF was slammed by a continued sell-off in growth stocks amid a spike in bond yields.Probabilities of a potential interest rate hike by the Federal Reserve this March spiked to 63%.Sign up here for our… Continue reading Cathie Wood’s flagship Ark ETF slides 7% amid interest rate spike as underperformance spills into 2022
‘A Responsible Option’: Citizens Pay President On The Rising Traction Of Buy Now, Pay Later
With consumer debt on the rise, buy-now-pay-later programs are becoming increasingly popular — revenue from splitting larger purchases into payments rose by 21% on Cyber Monday. Earlier this month, Citizens Pay bank expanded its point-of-sale financing service to Microsoft ( (MSFT) – Get Microsoft Corporation Report) — visitors to Microsoft.com will be able to finance… Continue reading ‘A Responsible Option’: Citizens Pay President On The Rising Traction Of Buy Now, Pay Later
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