The stoxx europe 600 pretty much flat. We did have a bit of a move on the u. S. 10 year yield, currently up 1. 82. We had renminbi, a little move actually that became a bigger move, strengthening past seven since the First Time Since august. S p futures gaining some 0. 2 . Ourng up, much more from exclusive conversation with the Goldman Sachs chief executive, David Solomon. He talked about negative rates, the industry, and of course, about trade. Lets get straight to the bloomberg first word news. U. S. Tariffs is what china wants before president xi signs a potential trade deal with president trump. Ft reportsafter the to grease the wheels for an agreement. Washington is reporting removing some tariffs on chinese imports. Now to the u. K. Election campaign. Prime minister Boris Johnson and Opposition Leader Jeremy Corbyn trading barbs. The house of commons elected its new speaker, mp lindsay oil. Hoyle. He was a member of the labour party but is now not affiliated with a party. Chinas
No, that actually was good for the market t. Dow gained 126 points t. S p climbed 4. 6 . Nasdaq advanced 0. 4 . How did these terrible things suddenly become good for stocks . This market is trying to find a footing where it doesnt go down every day and segments hard hit can be ready to rally. Its finding its footing in all the wrong or ignorant places. The fed kept Interest Rates low. Banks need higher rates to make more money after your depositles. The stocks got dumped. It doesnt matter at all to people that the banks were actually quite doing quite well here in the u. S. That its got more robust lending than anywhere else on earth. We learned last week when john stumped the ceo, wells fargo came on the show. He made it clear it was excellent t. Stock got hammered. Big money matches, what do they want . Lending is a risky business. Even if you are wells fargo, which is an amazing sir couple spent lender. Nope. The stockmarket prefers its fool proof when the banks take your deposits
Something we saw today in a session, the dow gained, the nasdaq climbed. 31 . Once in motion, these old line stock, kind of like fabulous running back, when everyone else gets tired in the 4th quarter, they will not quit. Let me tell you about ten remarkable stocks, all have been rerated. Thats the term from wall street, as different, Better Stories in the last few month, not much fanfare. So as not to hurt anybodys feelings. Back in june, best buy was trading at 26 bucks. That was a remarkable run in january. Most people figure best buy had to collapse from exhaustion of such a move. I mean its retail. It has been shot by multiple attacks by washington. We all know na Income Growth has been staggering. Employment, while creeping higher, isnt going to maintain best buy servers. Right . Wrong best buy has been putting out numbers that are downright awesome. In fact the company is saying amazon is their show room. Because theyve cut prices cheaper than ann amazon and the Playing Field is
Chicago, IL (PRWEB) November 22, 2021 People of Play (POP) are honored to announce the winners of the 2021 Young Inventor Challenge. POP received hundreds