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Market News

Location American Market News for 8 July 2020
The Justice Department is examining whether scandal-plagued German payment company Wirecard played a critical role in an alleged $100 million bank-fraud conspiracy connected to an online marijuana marketplace, according ...
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Here Are The Banks Taking New Customers Through The Fed's Main Street Lending Program The program became fully operational on Monday after months of delay.
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Chevron Shares Cross 6% Yield Mark

Forbes - 8 Jul 2020 21:35
Chevron Shares Cross 6% Yield Mark In trading on Wednesday, shares of Chevron were yielding above the 6% mark based on its quarterly dividend (annualized to $5.16), with the stock changing hands as low as $85.89 on the day
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Top Stocks To Buy As Dow Struggles To Keep Gains The major indices are experiencing difficulty with building momentum this week .This is likely due to the performance of stocks, many of which fluctuate based on news surrounding the economy. Taking into account a multit...
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Rollback of Payday Loan Proposal Decried by Consumer Groups

Wall Street Journal - 8 Jul 2020 21:57
The Consumer Financial Protection Bureau's decision to roll back an Obama-era effort to rein in payday lenders was welcomed by banks but denounced by consumer advocates.
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Cuomo Slams Trump: 'School Reopenings Are A State Decision' "It's not up to the president," Cuomo said.
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Gold ETF Inflows Hit Record as Bullion Rally Continues

Wall Street Journal - 8 Jul 2020 15:56
Nearly $40 billion flowed into gold-backed exchange-traded funds in the first half of the year, topping the previous annual record and highlighting robust investor demand for precious metals during the coronavirus pandem...
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Tesla Downside If China Arrests Musk

Forbes - 8 Jul 2020 11:50
Tesla Downside If China Arrests Musk As Tesla (NASDAQ: TSLA) expands quickly in China, how exposed is Tesla to Elon Musk's possible entanglement with Chinese authorities? Is this silly to ask? Perhaps as ridiculous as the possibility of a pandemic before it...
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U.S. companies scrambling to withstand the coronavirus pandemic unveiled in the second quarter their steepest dividend cuts since 2009, though the pace of cuts appears to have slowed.
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Best Value ETFs For July

Forbes - 8 Jul 2020 22:19
Best Value ETFs For July Are high stock prices a sign that the market has untethered itself from reality on the economic ground? Or do they that current choppiness is dwarfed by strong long-term prospects for American businesses? Our AI models a...
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The Brooks Brothers bankruptcy is a sign of the times, the culmination of trends from working-from-home to e-commerce to casual dress on Wall Street.
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What To Expect From Comms Sector Earnings? It's Still A Guesstimate Fasten your seat belts. Tightly! As Q2 earnings reports begin trickling in, investors everywhere should prepare for what one headline writer called "The Ugliest Earnings Season since the Financial Crisis."
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Evictions Could Be Next Shoe To Drop

Forbes - 8 Jul 2020 02:28
Evictions Could Be Next Shoe To Drop Millions of evictions may be coming.
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America's Economy Is Taking Another Hit As Coronavirus Cases Surge And Businesses Shut Down Again Goldman Sachs revised down its third quarter GDP estimate by eight percentage points as states shut down their economies once again.
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The Food Giant For Bullish Traders

Forbes - 8 Jul 2020 20:03
The Food Giant For Bullish Traders Taking a look at a bullish signal that might be flashing for outperforming United Natural Foods stock.
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There is a tendency for analysts to set a low bar for earnings even in normal times. In the second quarter that tendency may have gone into hyperdrive.
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Wall Street Doesn't Care Who Wins, Trump Or Biden, And Here's Why Investors like both. A Biden win is better for China. A Trump win better for small and mid cap companies glued to the fortunes of the US.
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How much tax do you pay on your investment?

livemint.com - 8 Jul 2020 18:48
The Budget 2020 has not made too many changes to taxes, except the abolition of DDT. Here is a look at the various taxes that apply to some of these instruments under categories
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Twitter 'Gryphon' Announcement Rockets Stock Price Twitter so far has kept tight-lipped about the details of the platform, although the job posting states a few crucial - if cryptic - details. Until we know more, all we have to go on is the job postings and market data -...
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Top Stocks To Short Following Tuesday's Sell-Off Being concerned about the elevated levels of the market is likely to be on many investors' minds ahead of a slew of corporate earnings coming, not to mention an election season that is only going to get more volatile. If...
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Mint spoke to B Gopkumar, managing director and CEO of Axis Securities, to understand investor trends and the brokerage's own initiatives in its fee-only advisory as well as tie-ups for international trading
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Check if a home loan switch works for you

livemint.com - 8 Jul 2020 18:31
Do a cost-benefit analysis by taking into account the costs and the difference in total interest outgo before switching your home loan to another lender.The switching process can be long-drawn as lenders are currently ta...
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