Page 28 - Ben Levisohn News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Dow Jones Industrial Average hit a record high despite the chaos of the past week. Why the rally could use a rest.

“We think that even in the event the Democrats sweep the Georgia elections, an element of gridlock will persist in D.C.,” one economist explains.

The Bubble Isn’t What You Think It Is Last Updated: Jan. 4, 2021 at 7:32 a.m. ET First Published: Dec. 31, 2020 at 6:34 p.m. ET By Workers install Waterford Crystal triangles on the New Year's Eve ball in New York City. Tayfun Coskun/Anadolu Agency via Getty Images The New Year’s Eve Champagne has been imbibed, but concerns about bubbles will persist well into 2021. There wasn’t much to celebrate in 2020, a miserable year for the economy and humanity in general. At least there was the stock market. Despite the Covid-19 pandemic, which ground the U.S. ...

It appears that several of the high-yielding 2020 Dogs of the Dow, including JPMorgan Chase & Co. (NYSE: JPM). In Eric J. Savitz' "After a Big Year for Tech Stocks, 2021 Looks Very Different," the case is made that the landscape for tech will become trickier in the coming year, with regulatory challenges and rising rates. However, the biggest headwind for stocks such as Apple Inc (NASDAQ: AAPL) is simple: They look way too expensive. Draftkings Inc (NASDAQ: DKNG) and Square Inc(NYSE: SQ) can be difficult to value, understanding where they see opportunities for gains is a good start. Consi...

The major stock market indexes moved little on Thursday. The Dow Jones Industrial Average dipped 69.55 points, or 0.2%, to 29,999.26, while the Nasdaq Composite rose 0.5% to 12,405.81. It was a day barely worth getting out of bed for, at least if you were an index investor. But the action wasn’t in the indexes—it was in Airbnb, energy stocks, and industrial metals, among others. The indexes really had no reason to go anywhere. Jobless claims data were atrocious—835,000 Americans lost their jobs during the week ended Dec. 5, the most since September—a stimulus deal sti...