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What to Watch Today: Dow Set to Open Lower Ahead of Day 2 of Powell's Testimony

What to Watch Today: Dow Set to Open Lower Ahead of Day 2 of Powell's Testimony
nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.

China , United-states , Chinese , American , Jerome-powell , Cathie-wood , Norton-lifelock , Mike-verdu , Senior-citizens-league , Nasdaq , Reuters , Labor-department

Iconic Manhattan Spot to Be Covered in Scaffolds for Up to 10 Years

Iconic Manhattan Spot to Be Covered in Scaffolds for Up to 10 Years
nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.

National-park-service , Park-service , Hall-national-memorial , Federal-hall-national-memorial , Wall-street , தேசிய-பூங்கா-சேவை , பூங்கா-சேவை , மண்டபம்-தேசிய-நினைவகம் , கூட்டாட்சியின்-மண்டபம்-தேசிய-நினைவகம் , சுவர்-தெரு ,

Stocks week ahead: Stop this stock market. I want to get off!

The gut-wrenching gyrations on Wall Street make me think of a roller coaster I used to ride when I was a teen: The Great American Scream Machine.

United-states , American , Michael-reynolds , Jerome-powell , Samantha-murphy-kelly , Timothya-clary , Jitesh-ubrani , Abercrombie-fitch , Matt-stucky , Bespoke-investment-group , Big-lots , Dick-sporting-goods

Rare melding of strategies may add more fuel to gains for energy and bank stocks

Article content
The strength of the recent rally in cheap stocks could trigger a rare shift in equity market dynamics that some investors expect will fuel the gains of financial and energy companies.
For much of the past decade, so-called momentum stocks have been on fire, layering gains upon gains. Meanwhile, unloved “value” stocks have limped behind, frustrating a generation of fund managers who made their reputation eking out equity market bargains.
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Rare melding of strategies may add more fuel to gains for energy and bank stocks Back to video

Toronto , Ontario , Canada , Blackrock , Nova-scotia , United-states , David-rosenberg , Robin-wigglesworth , Andrew-slimmon , Martin-pelletier , Timothya-clary , Laurence-fletcher

Rare melding of strategies may add more fuel to gains for energy and bank stocks

Rare melding of strategies may add more fuel to gains for energy and bank stocks
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

Toronto , Ontario , Canada , Blackrock , Nova-scotia , United-states , David-rosenberg , Robin-wigglesworth , Andrew-slimmon , Martin-pelletier , Timothya-clary , Laurence-fletcher

On This Day, April 8: Ryan White dies of AIDS

On This Day: Ryan White dies of AIDS
On April 8, 1990, Ryan White, who put the face of a child on AIDS, died of complications from the disease at age 18.
By
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U.S. President Barack Obama, surrounded by members of Congress and Jeanne White-Ginder, mother of Ryan White (2nd R), signs the Ryan White HIV/AIDS treatment extension act of 2009 in the Diplomatic Room of the White House in Washington on October 30, 2009. The act was named in honor of Ryan White, a teenager who contracted AIDS through a tainted hemophilia treatment in 1984 and became a well-known advocate for AIDS research and awareness, until his death on April 8, 1990. UPI File Photo | License Photo

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Rate hikes coming to emerging markets with debt at records

Rate hikes coming to emerging markets with debt at records
3
published :
15 Mar 2021 at 10:42
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FILE PHOTO: The George Washington Statue at the Federal Hall National Memorial is seen on Wall Street across from the New York Stock Exchange on Jan 27, 2021. (AFP)
Alarm bells are starting to ring across emerging markets as countries brace for a new era of rising interest rates.
After an unprecedented period of rate cuts to prop up economies shattered by Covid-19, Brazil is expected to raise rates this week and Nigeria and South Africa could follow soon, according to Bloomberg Economics. Russia already stopped easing earlier than expected and Indonesia may do the same.

New-york , United-states , Malaysia , Argentina , Brazil , China , Federal-hall-national-memorial , South-africa , United-arab-emirates , Indonesia , Russia , London

Wall Street is keeping very close tabs on WallStreetBets. Here's how

Wall Street is keeping very close tabs on WallStreetBets. Here's how
CNN
2/3/2021
By Matt Egan, CNN Business
© Timothy A. Clary/AFP/Getty Image
The George Washington Statue at the Federal Hall National Memorial on Wall Street across the New York Stock Exchange on January 27, 2021. - Wall Street stocks slid to session lows Wednesday as Federal Reserve Chair Jerome Powell cautioned the US economic outlook was "highly uncertain" in light of the surging Covid-19 outbreak. (Photo by Timothy A. Clary/AFP/Getty Images)
Hedge funds, investment bankers and other institutional investors are desperate to find the next GameStop -- before it's too late.

Jerome-powell , Justin-zhen , Timothya-clary , Reddit-wallstreetbets , Hall-national-memorial , York-stock-exchange-on , Wolfe-research , Cnn , Gamestop , George-washington-statue , Federal-hall-national-memorial , Wall-street

Signs of market bubbles are plentiful, from GameStop to SPACs

Signs of market bubbles are plentiful, from GameStop to SPACs
CNN
1/29/2021
By Matt Egan, CNN Business
© Erik Pendzich/Shutterstock
The George Washington Statue at the Federal Hall National Memorial on Wall Street across the New York Stock Exchange.
GameStop mania didn't happen in a vacuum. It's just the most glaring example of the bubble-like behavior running rampant in the financial markets.
Long before an army of Reddit traders sent GameStop, AMC and other stocks "to the moon," evidence of extreme market speculation had been mounting.
None of this is normal. Rock-bottom interest rates are forcing investors to take extraordinary risks -- and for some, this will end badly.

Blackrock , Texas , United-states , Dallas , Chicago , Illinois , Richard-fisher , Erik-pendzich-shutterstock , Elon-musk , Doug-clinton , Robert-shiller , York-stock-exchange

Losses on short positions in US firms top US$70b, according to Ortex data | Money

Thursday, 28 Jan 2021 09:30 PM MYT
The George Washington Statue at the Federal Hall National Memorial on Wall Street across the New York Stock Exchange January 27, 2021. — AFP pic
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LONDON, Jan 28 — Short-sellers are sitting on estimated losses of US$70.87 billion (RM287 billion) from their short positions in US companies so far this year, data from financial data analytics firm Ortex showed today.
The hefty losses come as shares of highly-shorted GameStop jumped more than 1,000 per cent in the past week without a clear business reason, forcing short-sellers to buy back into the stock to cover potential losses — defined as a short-squeeze — while retail investors then piled in to benefit from the surge.

London , City-of , United-kingdom , York-stock-exchange , Hall-national-memorial , Reuters , Gamestop , George-washington-statue , Federal-hall-national-memorial , Wall-street , New-york-stock-exchange-january