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Market News

Location American Market News for 7 August 2020
Final Stimulus Package Could Look Like These 3 Options What's inside the next stimulus?
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To one man, money was a plaything. To another, it was a possibility. Guess which one came out ahead in the end?
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Time for a College 'Gap Year'? Here's What to Consider

Wall Street Journal - 7 Aug 2020 14:03
Students with loans may have to start making payments while on hiatus. But there are ways to avoid that.
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Intercontinental Exchange To Buy Ellie Mae, Making A Big Bet On Its Digital Mortgage Business The deal values the company at $11 billion.
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The Bureau of Labor Statistics has just posted employment numbers for July.
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The Tax Breaks for Homes That Help You Now

Wall Street Journal - 7 Aug 2020 11:30
If you're part of a backlog of home buyers who's heating up the real-estate market--or simply mulling changes to your current home--here are answers to key questions about the tax code
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Bullish Two Hundred Day Moving Average Cross - TJX Companies In trading on Friday, shares of TJX Companies crossed above their 200 day moving average of $55.06, changing hands as high as $55.76 per share. TJX Companies shares are currently trading up about 4.1% on the day.
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Dow Turns Positive After U.S. Economy Adds Nearly 1.8 Million Jobs In July Ongoing stimulus talks ended in disappointment on Friday.
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Gaming Stocks Plummet On Trump Executive Order Scare Video game stocks fell on Friday, even though they won't be affected by Trump's executive order targeting Tencent and ByteDance.
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As Deadline Looms, What Would An Executive Order On Stimulus Mean? If an executive order on stimulus is feasible, which many doubt, what would the impact be for the economy and markets?
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Top Stocks To Short Today As Dow Falls In Response To Jobs Report The sliver of strong economic news was lost today was the jobs report for July, which came in better than expected. Of course, if more stimulus can't be passed, that drag of unemployment will severely hurt the economy. O...
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Top Stocks To Buy Today As S&P 500 Breaks 5-Day Winning Streak There was optimism in the job data for July as non-farm payrolls increased by approximately 1.8 million against an estimated figure of 1.48 million. Markets have been pressured from the mountain tension between the US an...
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Norwegian Cruise Line CEO 'Astonished' People Are Still Booking Cruises The company reported a 99% decline in revenue during the second quarter.
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'Cynthia' Isn't Amused by That Geico Ad

Wall Street Journal - 7 Aug 2020 16:43
A body representing homeowners associations calls out the Berkshire Hathaway unit for an ad poking fun at the groups.
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China Promises To Retaliate If TikTok Forced To Sell No Twitter in China? No TikTok in the U.S.
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Treasury Yields Stay Near Record Lows After Jobs Report

Wall Street Journal - 7 Aug 2020 15:58
U.S. government bond prices held steady Friday after new data showed the economy added more jobs than expected last month.
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Nikola Updates: What's Happening With Tesla's Electric Truck Rival Nikola,, a company that designs and intends to produce electric semi-trucks, provided its first earnings update since it went public in June. While there wasn't much to expect on the financial front, considering that Nik...
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The $2 trillion coronavirus stimulus package passed in April included provisions for forbearance for homeowners struggling to make payments on federally-backed mortgages. Now homeowners are exploring their options as som...
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Declining Unemployment Continues To Support Rising Stock Market Media reports understate the good news
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Moderate July Employment Gains May Prompt Trump Executive Order Amid Congressional Confusion Employment grew by 1.8 million in July, but the job gains were concentrated among those who usually work part-time. State policy is holding back the recovery in many states. And, if Congress cannot strike a deal, Preside...
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Using Big Data And The Power Of Markets To Solve Climate Change An innovative fintech startup is building a platform that has the potential to shift commodity production paradigms out of the 19th century and into the 21st while cutting global greenhouse gas emissions nearly overnight...
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1.8 Million Jobs Added In July As U.S. Economy Strives For Pandemic Recovery Unemployment dropped for the third straight month, but the labor market has a ways to go toward recovery.
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