Page 38 - Patricko Hare News Today

Strong Earnings, Recovery Cocktail Sends US Stocks To New Highs 04/29/21 AT 6:24 PM US stock indices climbed to new heights on Thursday as traders welcomed blockbuster earnings, a soothing message from the Federal Reserve and more data pointing towards a solid economic recovery. Despite rocky trading during the session, the S&P 500 finished at a new record, while the Dow and Nasdaq also gained as investors overcame earlier hesitation to rally as more companies reported blockbuster earnings. Gov...

Talk of more Biden tax hike proposals rattles Wall Street published : 23 Apr 2021 at 07:45 10 2: U.S. President Joe Biden delivers remarks during a virtual Leaders Summit on Climate with 40 world leaders at the East Room of the White House. NEW YORK: Wall Street stocks tumbled Thursday following reports the Biden administration is considering a tax hike on wealthy stock investors, while European equities rallied as the European Central Bank ...

US stocks fall on reports Biden eyeing big tax hike Fri 23rd April 2021 | 01:40 AM New York, (UrduPoint / Pakistan Point News - 23rd Apr, 2021 ) :Losses on Wall Street deepened Thursday afternoon following reports the White House will propose a steep increase in capital gains taxes on wealthy individuals. The Biden administration is developing a plan to increase the rate on gains from stock transactions to 39.6 percent from 20 percent on people earnings more than $1 million, according to rep...

Wall Street shrugs off tax talk, Europe sputters

European and US stocks rebound, Nikkei tumbles on Covid-19 surge

Stocks Slide, Tobacco Shares Feel The Heat 04/20/21 AT 12:13 PM Stock markets slid Tuesday, with Wall Street continuing to retreat from record highs, while shares in tobacco firms plunged on reports the US will crack down on cigarette nicotine levels. While both the Dow and the S&P 500 finished last week at new peaks and also posted their fourth consecutive weekly gains, this week has seen shares slide as the earnings season enters its second week. "It seems like investors might be having a bit...

(iStock) The S&P edged up from a record early Thursday on strength in technology shares, despite data showing an unexpected jump in US jobless claims. The Labor Department reported 744 000 new jobless claims, seasonally adjusted, in the week ended April 3, an increase of 16 000 from the previous weeks upwardly-revised level. Though a negative sign for the economy, the disappointing labor figures "will convince the Fed that it needs to be patient before removing policy accomm...

Global stocks hit records as ECB fires bazooka, US stimulus enacted

Global stocks hit records as ECB fires bazooka, US stimulus enacted

Global markets rebound as rate hike worries fade