|Day's Range||21.17 - 21.69|
The world's biggest democracy meets the world's largest economy next week, with U.S. President Donald Trump's scheduled visit to India Feb. 24 and 25. This is his first visit to India as president and comes at a time when bilateral relations between the two countries, though not hostile, leave much to be desired. Both Trump and Indian Prime Minister Narendra Modi share a rapport that stems from their fundamental similarities.
The House of Representatives was briefed on the matter by intelligence officer Shelby Pierson, who shared the conclusions of various intelligence agencies on the matter with the lawmakers, the Times reported Thursday. Russian government has "developed a preference" for Trump, Pierson, a close aide to former acting director of national intelligence Joseph Maguire, is said to have told the House members.
Portfolio Manager Jay Kaplan recaps investors on how our Dividend Value Approach performed in 2019 and how 2020 may be better Continue reading...
So far this year, it hasn’t taken much of a blow to knock investor sentiment back down after bubbling up – and that’s a good sign for stocks, according to at least one strategist.
The Democratic event in Nevada was the precursor to the next debate to be held in Charleston, S.C., on Feb 25. Michael Bloomberg, a latecomer to the race, failed to make a favorable impression. Senator Bernie Sanders attacked Bloomberg for the latter’s support of “stop-and-frisk” policing.
The COVID-19 virus has infected 75,204 worldwide as of Wednesday and killed more than 2,000, according to the World Health Organization. In the U.S., 15 cases of the new coronavirus, a close cousin of SARS and MERS, have been reported, according to the Centers for Disease Control.
Thursday’s economic data earnings releases are poised to shed more light on the impact of the coronavirus to the domestic economy and individual companies.
U.S. markets and stock ETFs climbed Wednesday after China promised to support local business with another round of stimulus measures to combat the slowdown in the wake of the coronavirus contagion. On ...
The coronavirus outbreak has taken a bite out of the stocks of major cruise operators over the past month. But once these concerns wane, shares of cruise companies could be in for smoother sailing, as underlying trends in the cruise industry remain largely positive, according to multiple analysts.
Many investors undertake tax-loss harvesting at the end of every tax year. The strategy involves selling stocks, mutual funds, exchange-traded funds (ETFs), and other investments carrying a loss to offset realized gains from other investments. The Internal Revenue Service (IRS), many states, and some cities assess taxes on individuals and businesses.
Trump is set to visit the country starting February 24 on a three-day visit and will land in the home state of the Indian prime minister Narendra Modi. The trade relations between the two countries have remained strained even as the two leaders have suggested a warm personal relationship.
President Donald Trump exercised the power of clemency to pardon seven convicted felons and commute the sentence of four others, the White House said in a statement on Tuesday. The individuals pardoned include financier Michael Milken, real estate developer Edward DeBartolo Jr., technology entrepreneur Ariel Friedler, former New York police commissioner Bernard Kerik, businessman Paul Pogue, a political appointee in George W. Bush administration David Safavian, and author Angela Stanton.
Steve Lipper discusses the opportunities asset allocators can find in international small-caps based on their historically lower volatility as well as their absolute and relative performance Continue reading...
U.S. markets and stock exchange traded funds retreated Tuesday after Apple's warning of a revenue hit in response to the diminished economic activity from the coronavirus outbreak in China, potentially marking the first negative outlook among large multinational companies. On Tuesday, the Invesco QQQ Trust (QQQ) fell 0.1%, SPDR Dow Jones Industrial Average ETF (DIA) was down 0.7% and SPDR S&P 500 ETF (SPY) dropped 0.4%. Technology bellwether Apple revealed a surprise sales warning Tuesday that fueled risk-off selling over the potential impact of the coronavirus on the global economy.
Technically speaking, the S&P 500 has staged a thus far orderly pullback from record highs, though the downturn is worth tracking for potential acceleration, writes Michael Ashbaugh.