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U.S. President Donald Trump is likely to emerge victorious in the 2020 presidential election, according to a CNBC survey of 62 chief financial officers . The CNBC Global CFO Council consists of companies ...
The markets were optimistic Thursday: the S&P 500 index rallied, dusting off recent negative sentiment. Yet once the optimism settles, further drawdowns are expected. Corporate earnings, a driver of the ...
While last week held some promise that a market rebound may have been underway, Monday's continued slide from Friday has quickly begun to dispel those hopes. What may be even more worrying than just another sharp market drop, though, is the quantity and breadth of major S&P 500 stocks hitting new 52-week lows. As of Monday afternoon, we're seeing the number of new 52-week lows dwarf the number of new highs today – by a factor of more than 10-to-1 on the Nasdaq exchange alone.