|Day's Range||2.8500 - 2.8500|
Stocks ended Tuesday’s trading session lower in a chopping day of trading following a report that the U.S. and China are looking to delay tariffs set to go into effect Sunday.
Portfolio Manager Bill Hench details which areas of health care he finds attractive for his small-cap deep value strategy Continue reading...
If you’re a gutsy contrarian investor, consider betting that Walgreens Boots Alliance will have a far better 2020 than it has this year. Instead, the reason you might want to consider Walgreen’s (WBA) stock in 2020 is because it’s the worst year-to-date performer in the Dow Jones Industrial Average (DJIA) , with a loss (per FactSet) of 11.5% (through Dec. 6). Betting on a reversal from year-to-year performance is not as crazy as you might think.
The Democrat-led U.S. House on Tuesday introduced two articles of impeachment against President Donald Trump, one alleging abuse of power and a second for trying to impede the congressional investigation of that alleged abuse. It is an impeachable offense for a president to use the power of his office to obtain a personal benefit while ignoring or injuring American interests, Rep. Jerry Nadler of New York, chairman of the House Judiciary Committee, said in a short, solemn news conference in Washington.
The charges will focus on abuse of presidential power and obstruction of Congress, three officials close to the matter told the Post. Rep. Eliot Engel, a New York Democrat and the chairman of the House Foreign Affairs Committee, said the specific articles would be announced at 9 a.m. Tuesday. House Speaker Nancy Pelosi said Monday that no final decision has been made regarding the articles and that the House Judiciary Committee is considering the matter, the Post said.
The president of the Russian Federation, Vladimir Putin, on Monday protested the World Anti-Doping Agency’s decision to ban Russian athletes from competing in the Olympics and other major sporting events ...
Paul Volcker, former Federal Reserve chairman who curbed a decade of high inflation and tightened the reins on commercial banks after the 2008 financial collapse, died Monday at 92. Volcker got his start in the Treasury Department during the Kennedy, Johnson and Nixon administrations. There, he fought and failed to maintain the international monetary system created by the Bretton Woods agreement.
Responding to North Korea's latest “successful test of great significance,” President Donald Trump said on Sunday that if Kim Jong Un continues to act “in a hostile way,” he could lose “everything,” according to CNBC. The Korean Central News Agency (KCNA) earlier reported that the country had conducted a “very important” test at its Sohae satellite launch site on Dec. 7, 2019.
A growing number of active equity funds hold small numbers of stocks, but these are lagging both the market and more diversified funds.
The Federal Open Market Committee’s (FOMC) last policy-setting meeting of this year and November’s retail sales data will take centerstage this week.
Last year was an exception when the stock market plunged in December. • The left-most point on the chart shows a rise, similar to the one happening now, in the stock market. • The right-most point shown on the chart is for the current stock market.
Price action, internal momentum and volume aren’t great, but that doesn’t matter when the president wields his baton.
Democratic presidential candidates, including Joe Biden, Elizabeth Warren and Bernie Sanders, have proposed a new tax on financial transactions. Sanders is proposing an even more aggressive 0.5% tax on stock trades 0.1% tax on bond trades and 0.005% tax on derivative trades. This week, Biden said he would support new taxes on financial transactions.
While equities reeled early in the week, President Donald Trump declared, “I don’t watch the stock market,” contrary to his many tweets touting records set by the major indexes since he has been in the White House. “Jobs are what I watch,” he added, quite presciently, as it turned out, when the Department of Labor on Friday morning delivered boffo employment numbers for November. The headline unemployment rate ticked down a tenth, to 3.5%, the result of a rather tepid 83,000 increase in the separate survey of households and a smaller, 40,000 rise in the labor force.