blackrock Larry Fink U.S. Market News 

BlackRock CEO Brags on ‘World’s-Best’ Stock Market

Despite the Dow, the Nasdaq, and S&P 500 hitting record highs this month, the co-founder of the world’s biggest money manager says the party is not over yet for the U.S. stock market. Speaking on CNBC, the chairman and CEO of BlackRock, Larry Fink, stated that the stock market has plenty more headroom. Fink pointed to some of the recent better-than-expected earnings from leading U.S. corporations and the expected interest rate cut from the Federal Reserve as reasons for the continued equities boom. “People are underinvested in equities … with…

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Netflix Op-ed U.S. Market News 

Netflix Stock Implodes, Subscriber Exodus Ignites 12% Plunge

A confluence of negative factors slammed Netflix in the past quarter, resulting in subscriber numbers and other metrics exposing Netflix’s vulnerabilities – and leaving the streaming giant’s stock plunging in after-hours trading. Netflix stock plunged 12% in after-hours trading. | Source: Yahoo Finance Netflix Subscribers Wave Goodbye While earnings-per-share came in at $0.60, four cents above expectations, and revenue was only $10 million short of expectations at $4.92 billion, the subscriber numbers were of grave concern. Domestic paid subscribers actually fell by 126,000, while the expectation was for an increase…

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Snapchat U.S. Market News 

This Stock Was Left for Dead

Following its disastrous initial public offering (IPO), many investors left Snap Inc. for dead. However, the Snapchat creator’s stock has bounced back with a vengeance. The company’s shares are up by a jaw-dropping 185% in 2019, making it the S&P 500’s top performer – and surprise hero. Snap stock now trades at $15.66 after dropping as low as $4.82 in December 2018. At that point, the stock had lost close to 80% of its value from its IPO price of $24. Snap Stock Leads S&P 500 With 7 Straight Monthly…

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Dow Jones federal reserve Jerome Powell U.S. Market News 

Dow Suddenly Recovers After Fed Chair Powell Tees Up a Rate Cut

The Dow executed a sudden recovery on Wednesday after Federal Reserve Chair Jerome Powell appeared to signal that the US central bank will capitulate to Wall Street’s rabid desire – and President Trump’s frequent demands – for an interest rate cut. Dow Mounts Swift Rebound The US stock market coiled itself for a collective step forward at the opening bell, brushing off three consecutive losses for the Dow Jones Industrial Average. As of 9:16 am ET, DJIA futures had gained 100 points or 0.37%, implying a gain of 98.51 points….

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DOW federal reserve Opinion U.S. Market News 

Dow’s Future Clouded as Ex-White House Official Rules Out July Rate Cut

The Dow Jones and the broader U.S. stock market were in solid form in the first half of 2019 despite geopolitical tensions on several fronts. The Dow and the S&P 500 hit new highs a week ago thanks to the Federal Reserve’s dovish monetary policy outlook.  But former White House communications director Anthony “The Mooch” Scaramucci believes that the Fed doesn’t have reason to be dovish anymore.  In an interview with Fox Business, Scaramucci said: “I don’t think the Fed can cut rates here, given how strong the economy is.”…

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Donald Trump S&P 500 U.S. Market News U.S. Politics 

Bullish S&P 500 Index Signals Likely Trump 2020 Victory

Up almost 50 percent since his election and recently hitting fresh all-time highs, the S&P 500 index could be signaling expectations Trump may be reelected. Stock Market Suggests Investor Confidence The economy under Trump has shown few signs of slowing down. The economy gained 224,000 jobs in June, according to a monthly employment report released Friday. That brings monthly job growth for April, May, and June to an average 171,000 jobs. Wages are also on an uptick, 3.1 percent up for hourly paid workers over the past year. But it…

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Blizzard Electronic Arts Gaming nvidia U.S. Market News 

Three Hot Gaming Stocks Appear Ready to Skyrocket

As U.S. indices hit all-time highs, you probably don’t want to look at stocks that are also trading at or near their all-time highs. Instead, you might want to discover names that are far from their all-time highs but are showing signs of bullishness. It’s actually even better if you can find fundamentally sound equities that have gone through a significant correction and are now turning the corner as the overall sentiment shifts to optimism. We’ve gone through many of the stocks in Nasdaq and discovered three securities that seem…

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Donald Trump Dow Jones nasdaq Op-ed S&P 500 U.S. Market News 

Dow, S&P 500, Nasdaq Smash All-Time Highs in Record-Breaking Day

The Dow Jones Industrial Average closed out at an all-time high today at 26,966, as did the S&P 500 at 2,995.82, and the Nasdaq at 8,170.23 – just shy of its intraday high. The Incredible Rising Stock Market The Dow Jones is now up 43 percent since Election Day of 2016, reflecting the country’s optimism at Donald Trump’s stewardship of the economy, as well as favorable tax policy and earnings growth. Presidents do not control the stock market. Their economic policies can influence both perception and actions. In the case…

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Federal Reserve Bank of St. Louis Opinion U.S. Market News 

Don’t Panic, But This Chart May Foretell a Recession

St. Louis Federal Reserve economist William Emmons has found a data point that supports the case for a Fed rate cut amidst a possible recession down the line. According to the economist in a report: “Data on single-family home sales through May 2019 confirm that housing markets in all regions of the country are weakening. The severity of the housing downturn appears comparable across regions—in all cases, it’s much less severe than the experience leading to the Great Recession but similar to the periods before the 1990-91 and 2001 recessions.”…

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hong kong Op-ed U.S. Market News 

Hong Kong Stock Market Recoils as Protesters Invade Government HQ

Protesters in Hong Kong have reportedly taken over at least one government building, with tensions escalating over the weekend and preventing the local stock market from taking part in an otherwise-global rally. Tensions Escalate as Hong Kong Stock Market Tanks The protesters took over the legislature building, and police are not happy about it, reportedly firing tear gas at the occupiers. The overall Hong Kong stock exchange index dropped and dropped over June, with a recent halfway rebound showing signs of hope for investors. Hong Kong’s overall index has struggled…

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