Tag: Stocks

Stocks rise after Senate approves coronavirus relief funds

Stocks rose Wednesday after a batch of corporate earnings results topped consensus expectations and the Senate passed of a deal to inject more fiscal stimulus into the economy.

[Click here to read what’s moving markets heading into Thursday, April 22]

The S&P 500 jumped more than 2%, recovering some of the prior day’s declines as the Information Tech and Energy sectors outperformed. The Nasdaq jumped more than 2.8%, with shares of tech heavyweight Facebook (FB) rising more than 6.5%. Netflix’s (NFLX) stock turned lower after the company announced a new $1 billion debt offering, a

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Best Clothing and Fashion Stocks to Buy in 2020

Clothing stocks are issued by companies that specialize in apparel, whether that means designing it, selling it, or some combination of both. We all need clothes and shoes, and the industry is booming—but that doesn’t mean that every clothing or shoe company is a winner with a recognized brand name and solid earnings.

Top Fashion Companies in the World

Some of these apparel companies actually have a decent dividend yield, which means they can be great components to your dividend investing strategy. However, investors should keep in mind that apparel is considered a consumer discretionary, meaning that the performance

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Stocks week ahead: This bond market took off in 2020. And it’s all for a good cause

What’s happening: Social bonds have raised more than $163 billion this year, more than 10 times the $13 billion raised in 2019, according to a report from law firm Linklaters. The coronavirus pandemic has been the primary driver of the exponential growth in the asset class.

“Social bonds emerged as a useful tool in the fight against the pandemic by mitigating the socio-economic impact of the crisis,” said Linklaters capital markets partner Richard O’Callaghan.

The European Union was the largest issuer of social bonds, raising $47.3 billion across five deals. Other major fundraisers included the Asian Development Bank, as well … Read More

Stocks hit fresh record highs, extending November rally

Stocks rose Tuesday, and each of the three major indices hit fresh intraday records, as traders looked to extend November’s sharp advance.

[Click here to read what’s moving markets heading into Wednesday, Dec. 2]

Both the S&P 500 and Nasdaq each also hit record closing highs after jumping by more than 1.1% each. The tech-heavy communication services and financials sectors led the day’s advances in the S&P 500.

Equities kicked off the final month of 2020 with momentum from a record November, during which each of the three major indices made fresh record highs, and the Dow posted its

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Stocks end lower as investors weigh vaccine hopes against concerns over more restrictions

Stocks fell Friday as rising COVID-19 cases raised the specter that more restrictions would be unleashed across U.S. cities and states, threatening to crimp business activity and jeopardize the tenuous economic recovery. An apparent dispute between the U.S. Treasury and Federal Reserve over whether to renew some pandemic-era emergency lending programs also weighed on risk assets.

Investors weighed these risks against a steady flow of positive news over a vaccine. Pfizer (PFE) and BioNTech (BNTX) said they plan to file for an emergency use authorization with the U.S. Food and Drug Administration on Friday, which would

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