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Market News

Location American Market News for 11 June 2020

Vanguard Seeks to Draw Younger Investors With New Robo Service

Wall Street Journal - 11 Jun 2020 13:00
The firm is launching an advisory service that covers key elements of long-term financial planning at the low cost for which the company is known. The automated service, called Digital Advisor, is aimed at younger invest...
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Inflation 2021: Bond Investors, Buckle Up

Forbes - 11 Jun 2020 16:30
Inflation 2021: Bond Investors, Buckle Up The stock market is booming, and many of our favorite income investments are ticking higher every day.
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Insurers are asking for covid-19-based disclosures at the time of buying insurance, especially term plans.The number and kind of questions pertaining to covid-19 symptoms can differ among various insurers
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Fed Holds Press Conference: Rates Stay At 0% And Other Key Takeaways On Wednesday, Federal Reserve Chairman Jerome Powell held a press conference following the central bank's two-day policy meeting.
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Exxon Mobil Shares Cross 7% Yield Mark

Forbes - 11 Jun 2020 22:52
Exxon Mobil Shares Cross 7% Yield Mark In trading on Thursday, shares of Exxon Mobil were yielding above the 7% mark based on its quarterly dividend (annualized to $3.48), with the stock changing hands as low as $46.84 on the day
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Investing your money in a specific class and that too small-caps may not be the best strategy to adopt
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COVID Caution: New Surge Of Cases In Reopened States Sparks Worst Selloff Since March Cautious mood continues with Financials getting hit hard today mostly because of low interest rates and dovish comments from the Fed. The Energy sector led all sectors lower, falling nearly 9.5%.
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Biden Calls For Student Loan Forgiveness And Free College Student loan forgiveness and free college...Biden says "yes."
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We consider the investments that we have made globally to be worthy and sound opportunities going forward, says Neil Parag Parikh, chairman and CEO, PPFAS Mutual Fund
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Record U.S. Corn Supply Grows Even Bigger

Wall Street Journal - 11 Jun 2020 22:17
A strong planting season for U.S. corn is expected to lead to a record-high supply, even as demand for the crop remains muted due to the fallout from the coronavirus pandemic.
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PMS is meant for HNIs

livemint.com - 11 Jun 2020 22:15
In a PMS, stocks are held in your own name and no units are issued against them
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Stock Market Rout: Here's What Caused The Worst Sell-Off Since March The Dow plunged 6.9%, over 1,800 points.
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Dow Plunges Over 1,800 Points Amid Fears Over A Second Wave Of Coronavirus Cases Stocks had their worst day since March.
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As Fear Builds Over A Second Coronavirus Wave, GOP Delays More Stimulus Negotiations The White House and GOP negotiators won't hold more stimulus talks until late July.
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Wind Power Ups John Laing Environmental Fund To FTSE 250 Index Renewable energy infrastructure investment fund boosted by a rise in assets with a market capitalization uptick of nearly 11%.
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Bitcoin Derivatives Volume Suggest Institutional Players Are Here, But It's Not Signaling What You Think The long-time rallying cry for digital asset participants since 2018 is that "you better get in now, because institutional investors are coming."
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Don't File Away That Jobless Data So Fast

Wall Street Journal - 11 Jun 2020 19:33
The number of American workers filing claims for unemployment benefits each week has long been one of the best ways to get a quick temperature check on the job market. Lately, though, the signal has been muddled.
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1 Growth Share I'd Buy Before Next Week, And Another Stock I'd Avoid Financial markets are volatile and are likely to remain so. But could this growth stock be about to explode in value?
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Stimulus Checks: How The Odds Stack Up For Round Two Millions of Americans will not get back to their old jobs anytime soon, and it could take a while before they find jobs again. Coronavirus cases have started to spike again in America. Among other factors, the odds have ...
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Has Applied Materials' Stock Peaked Around $60? Applied Materials stock is roughly unchanged since the beginning of this year, and at the current price of around $60 per share, we believe Applied Materials has a significant downside. Why is that? The key is AMAT stock...
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Fed See GDP Falling 6.5 Percent In 2020

Forbes - 11 Jun 2020 19:12
Fed See GDP Falling 6.5 Percent In 2020 Jobless claims, interest rates, inflation and an economic stimulus plan were among the topics covered by Federal Reserve Chairman Jerome Powell. How does this affect the markets? So far, it's been a mixed bag.
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New York City Needs Some Food For Thought

Wall Street Journal - 11 Jun 2020 19:04
The city is running a contest that promises 10 winners who complete the 2020 census $1000 gift cards for Seamless, a local unit of Grubhub. But the contest itself shows the city could use a better pulse on its residents.
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