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March 8, 2021
Today’s chart approaches this fundamental question from a data-driven perspective. First, a Thinking Exercise Let’s say you have two hypothetical people: one of them is named Beff Jezos and he’s a billionaire, and the other is named Jill Smith and she has a more average net worth. Who do you think would be happiest if their wealth was instantly doubled? Beff might be happy that he’s got more in the bank, but materially his life is unlikely to change much – after all, he’s a billiona...
February 25, 2021
Dow tumbles 560 points for worst percentage fall in 3 weeks as bond yields surge MarketWatch 2/25/2021 MARKET SNAPSHOT Stock-market benchmarks finished sharply lower on Thursday, after a surge in bond yields inspired a bout of fierce selling in equities amid concerns over tighter borrowing conditions down the road. Investors also fretted higher bond rates could sap the relative attractiveness of buying stocks to the benefit of fixed-income investments. What did major indexes do? The Dow Jon...
February 9, 2021
S&P 500, Dow miss out on new records and snap 6-day win streak MarketWatch 2/9/2021 MARKET SNAPSHOT U.S. stocks ended mostly lower on Tuesday, capping a turbulent session that saw markets swing between small gains and losses, as momentum for a record-setting market rally slowed. Investors were focused on the potential for another round of government spending to boost the economic recovery from the coronavirus pandemic. What did major benchmarks do? The Dow Jones Industrial Average fell 9...
February 9, 2021
S&P 500, Dow miss out on new records and snap 6-day win streak MarketWatch 2/9/2021 MARKET SNAPSHOT U.S. stocks ended mostly lower on Tuesday, capping a turbulent session that saw markets swing between small gains and losses, as momentum for a record-setting market rally slowed. Investors were focused on the potential for another round of government spending to boost the economic recovery from the coronavirus pandemic. What did major benchmarks do? The Dow Jones Industrial Average fell 9...
February 9, 2021
S&P 500, Dow miss out on new records and snap 6-day win streak MarketWatch 2/9/2021 MARKET SNAPSHOT U.S. stocks ended mostly lower on Tuesday, capping a turbulent session that saw markets swing between small gains and losses, as momentum for a record-setting market rally slowed. Investors were focused on the potential for another round of government spending to boost the economic recovery from the coronavirus pandemic. What did major benchmarks do? The Dow Jones Industrial Average fell 9...
February 8, 2021
Dow, S&P 500 and Nasdaq end at records, powered by stimulus hopes and energy sector gains MarketWatch 2/8/2021 © Angela Weiss/Agence France-Presse/Getty Images MARKET SNAPSHOT Stock benchmarks finished at new records Monday, as investors piled into energy stocks and penciled in another potential round of aid spending out of Washington. How did major benchmarks perform? The Dow Jones Industrial Average rose 237.52 points, or 0.8%, to end at a record 31,385.76, its fifth record close of the...
January 25, 2021
US toy sales surged 16% in 2020 as parents looked to entertain kids during pandemic (SPY -0.2%). Biggest midday movers: GameStop, Bed Bath and Beyond, Carnival. Here is the current market situation from CNN Money North and South American markets are mixed. The IPC is higher by 0.05%, while the Bovespa is leading the S&P 500 lower. They are down 0.80% and 0.21% respectively. What Is Moving the Markets Here are the headlines moving the markets. Barclays: WTI To Average $52 In 2021 Barclays exp...