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Market News

Location American Market News for 25 July 2020

Everyone's a Day Trader Now

Wall Street Journal - 25 Jul 2020 06:00
Bored, isolated and out of work amid the pandemic, millions of Americans are chasing stock-market glory--and bragging about it online. Not everyone's a winner though.
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Beware the Lure of Free Money

Wall Street Journal - 25 Jul 2020 13:00
Behind the facade of ratios and metrics, investing is about storytelling. The main narrative right now, driving stocks like Amazon higher, is one that has turned out to be the tallest of tall tales in the past.
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Wells Fargo Still Has a Way to Go

Wall Street Journal - 25 Jul 2020 15:03
Wells Fargo did some needed work in the second quarter. The bank's turnaround still has a way to go.
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The Tesla Paradox: Highest Emotional Attachment, Lowest Quality, Says J.D. Power Last August the windows and doors on Ben Gordon's Tesla S wouldn't open. So he crawled in through the trunk. Yet Tesla owners are so emotionally attached that they're willing to live with the industry's lowest quality. W...
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Gold prices surged to over ₹50,000 in the spot market on MCX for the first time ever on Wednesday.
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Former Bridgewater Associates Co-CEO Eileen Murray Sues Firm

Wall Street Journal - 25 Jul 2020 01:42
The suit alleges Bridgewater is withholding an estimated $20 million to $100 million in deferred compensation because she disclosed her gender-discrimination dispute with the firm.
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Four Stock Market Mini-Worries Set Stage For More Wall Street Gains Bears continue to search for a bull market killer rationale, but the stock market's uptrend remains strong
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These 5 Dividends Are Riding The Healthcare Megatrend What's the longest running bull market powering dividend payers?
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Stimulus: Here Are The Latest Numbers For Second Stimulus Checks, Student Loans, Unemployment And More Here are the latest numbers inside the new stimulus proposal--and what they mean for you.
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Wells Fargo Tightens Purse Strings to Ride Out Pandemic

Wall Street Journal - 25 Jul 2020 11:30
The fourth-largest U.S. bank is slashing costs, cutting staff and tightening up on lending to ride out the coronavirus recession. Its rivals might not be too far behind.
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Visa, Mastercard Debit Fees Are Hurting Retailers, Durbin Says

Wall Street Journal - 25 Jul 2020 11:30
Sen. Richard Durbin says anticompetitive practices by large card networks and debit-card issuers are costing merchants potentially billions of dollars amid the pandemic.
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Stormy skies lie ahead for airlines, deal making in the energy sector shows signs of life and Americans' remote working continues to drive strong sales for Microsoft.
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