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Market News

Location American Market News for 9 October 2019

IRCTC IPO allotment status: How to check

livemint.com - 9 Oct 2019 12:03
IRCTC IPO saw bumper demand for its shares.The issue was subscribed over 110 times
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Trade War Spins Out Of Control

Forbes - 9 Oct 2019 02:07
Trade War Spins Out Of Control Washington is upping the trade war game with Beijing--it won't work.
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Fed's Latest Move Needs a Name

Wall Street Journal - 9 Oct 2019 19:28
The jury is out on what to call the central bank's increased purchases of short-term Treasurys.
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What Is Driving The Broad-Based Crypto Rally? The crypto markets have enjoyed widespread gains today. Will this recovery last?
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IRS Tax-Prep Program Gets Fresh Scrutiny

Wall Street Journal - 9 Oct 2019 22:33
A study, obtained by The Wall Street Journal, pointed to shortcomings of the free online tax-preparation program, known as Free File, but concluded that its benefits remain substantial.
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Half of Americans Expect a Major Recession Soon, New Survey Shows Recession fears have steadily risen this year.
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The regulator is looking to determine "if violations of the federal securities laws have occurred."
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4 Surging Dividends To Buy On This Pullback If you're like most income investors right now, you've got one eye on this twitchy market.
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China's Sanctions Against U.S. Farmers May Be Everlasting New markets are not impossible to find. Look at these numbers.
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Report: Here's Why Schwab Will Win The Broker Wars (Sorry TD, E-Trade, Etc.) A new report predicts increased consolidation--with one clear winner.
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Farm Tech Meets FinTech -- Grain Silos And Data Silos Farms are using more technology to run their operations, sometimes mirroring the work, and the problems, that banks have -- such as data silos in addition to grain silos.
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Activision Weighs China's Call Against Duties Back Home

Wall Street Journal - 9 Oct 2019 20:00
There would seem to be no bad time to put out a hot new videogame, though Activision Blizzard may have found one.
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People with a mental illness can pass the task of managing money to a family member or a trusted friend.Those who have uncontrollable urges to spend could consider investing in products that lock in savings
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Greece, Once in Crisis, Joins Negative-Rates Club

Wall Street Journal - 9 Oct 2019 19:08
The debt-laden country sells bonds yielding less than 0% for the first time.
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A Worrisome Sign on Hiring

Wall Street Journal - 9 Oct 2019 18:48
A drop in job openings in August suggests companies are becoming more cautious about hiring.
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Government Bonds Fall Ahead of Treasury Auction

Wall Street Journal - 9 Oct 2019 18:43
U.S. bond prices fell Wednesday ahead of the second of three auctions of Treasury debt this week.
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Saba Capital faced a setback in its wrangle with Neuberger Berman for more power over its investment in one of Neuberger's funds .
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Rebound in Bank Stocks Was Short Lived

Wall Street Journal - 9 Oct 2019 17:21
Even with a rebound on trade hopes Wednesday, the KBW Nasdaq Bank Index of large bank stocks has fallen more than 4% so far this month, compared with a 2% decline for the S&P 500.
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Et Tu Macri? And Then Fall Argentina: An Analysis Of The Failure Of Mauricio Macri's Economic Plan What, exaclty, was Mauricio Macri's failed economic plan? A detailed explanation of Macrinomics
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QT Is Dead, QE Lives: What The Fed's Handbrake Turn Means The Fed tried to unwind it's exploded balance sheet and pretty soon a booming global economy started to come off the rails. Soon enough to Fed was walking back QT.
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AES Dives Into Vietnam Energy, Here's What's Next AES Corp won Vietnamese regulators' approval to build a 2.2-gigawatt natural gas-fired power plant in the south-central province of Binh Thuan. Slated for service in 2024 under a 20-year government contract, it will be f...
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Money Managers Gain Sway Over Muni Market

Wall Street Journal - 9 Oct 2019 15:57
More than half of the amount of munis held by households--a third of the $4 trillion market--now sits in separately managed accounts or mutual funds.
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