Boeing stock surged alongside its partner airlines on Thursday. Bill Gates’ comments on coronavirus vaccines should be a tremendous boost to airline stocks. The Microsoft founder believes U.S. life could be heading back to normal by the Spring. Airline stocks surged on Thursday as Ryanair’s huge 737 MAX order from Boeing demonstrated how much optimism […]
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Boeing stock surged alongside its partner airlines on Thursday. Bill Gates’ comments on coronavirus vaccines should be a tremendous boost to airline stocks. The Microsoft founder believes U.S. life could be heading back to normal by the Spring. Airline stocks surged on Thursday as Ryanair’s huge 737 MAX order from Boeing demonstrated how much optimism […]
Continue ReadingThe Dow has surged an unbelievable 2,500 points in the past two weeks, but one stock market chart is making contrarian traders squirm. The Dow Is up 2,500 Points in 2 Weeks – But One Chart Could Spell Trouble by CCN.com
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A crucial housing market statistic has surged 54% in six weeks after bottoming out in early April. Mortgage applications for home purchases, a proxy for homebuyer demand, have achieved a V-shaped recovery. Economists say the strength in the housing market could help support the broader economy. The U.S. economy may not be able to mount […]
Continue ReadingThe Dow Jones surged after the Fed’s first emergency rate cut since the financial crisis. Here’s why the stock market rally suddenly fizzled. The post This Is Why the Dow Jones’ Fed-Fueled Surge Suddenly Fizzled Out appeared first on CCN.com
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The Dow Jones surged nearly 700 points on Monday on hopes of emergency stimulus from G7 central banks to combat the “coronavirus crash.” Despite Wall Street optimism, analysts are concerned about whether a rate cut from the Fed can truly help the economy. ISM manufacturing came in weak, and economists expect it to get even […]
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Gold surged 0.9% to $1,626.50/oz., a new seven-year high. Federal Reserve Board members are pouring cold water on expectations of gradual rate cuts this year. Stocks suffer a major setback over coronavirus, overvaluation fears. Gold charted a fresh seven-year high Thursday after the Federal Reserve’s top brass tried to temper the market’s expectation of another […]
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The Dow Jones Industrial Average surged around 250 points on Wednesday. Trump tightened his grip on re-election with a record-breaking victory in the New Hampshire primary last night. Historically, a strong economy and consumer confidence points to Trump’s victory in 2020. The Dow Jones Industrial Average (DJIA) is getting a huge boost on Wednesday as […]
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Bitcoin surged by over 10 percent on Wednesday – the biggest single-day gain since Oct. 25, according to CoinDesk’s Bitcoin Price Index. Notably, prices had slumped to seven-month lows below $6,500 around lunchtime (UTC), but the breakdown was quickly undone and the cryptocurrency was trading above $7,400 before midnight. The rebound from multi-month lows is […]
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The Dow surged on Thursday after the US and China made headway toward the next round of trade negotiations, triggering market euphoria. | Source: Nicolas ASFOURI / AFP The Dow bounded toward a second straight titanic advance on Thursday after the United States and China cleared what had proven to be an unexpectedly difficult hurdle: […]
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