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Market News

Location American Market News for 20 September 2020

The S&P 500's Hottest Sector: Materials

Wall Street Journal - 20 Sep 2020 16:00
Shares of the companies that mine or make raw materials are lately trading like once-hot technology stocks. The S&P 500's materials sector is up around 5.4% this month, even as the broader index has fallen more than 4%.
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Decision Time Looms for Biotech's Riskiest Bet

Wall Street Journal - 20 Sep 2020 15:00
An offshoot of Bristol-Myers Squibb's acquisition of Celgene will soon pay off $7 billion or go bust.
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Best home loan rates

livemint.com - 20 Sep 2020 18:42
Here's a look at the lowest home loan interest rates of some leading banks
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Surging deposits and declining lending are driving banks to dramatically increase their holdings of U.S. Treasurys, offering significant support to the bond market at a time of unprecedented government borrowing.
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How Far Will Tech Decline?

Forbes - 20 Sep 2020 19:30
How Far Will Tech Decline? The markets had another mixed week last week, driven downward by weakness in the tech sector. After noting the high risk in the market several weeks ago, this week the Viper Report's Tom Aspray shares his overall market ...
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Mint talked to Aakash Ohri, senior executive director, DLF Home Developers Ltd, on how the realtor has changed strategies to meet homebuyers' expectations post the pandemic and the challenges that the industry is facing
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The pandemic is wreaking a particular kind of havoc in the households of loan-laden American white-collar workers. 'I will never claw my way out of this situation.'
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How The S&P 500 Overnight Guessing Game Impacts Your Wealth Earlier this year, Bespoke Investment Group published a study that said something many investors will find either confusing, disappointing or both.
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Ways to keep your demat account safe

livemint.com - 20 Sep 2020 18:41
Online transfer service provided by depositories allows investors to move securities to another account and help them cross-check brokers' statements
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Stimulus Bill Chances May Drop Dramatically With Supreme Court Battle The chances of a stimulus package before the November election just dropped dramatically.
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Any senior citizen earning interest income from prescribed deposits in India, can avail of a deduction from his gross total income
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European Banks Consider Mergers for Survival

Wall Street Journal - 20 Sep 2020 12:00
Banks in Europe are facing a prolonged era of low interest rates, a gloomy economic outlook and souring loans that are expected to rise.
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This 20% Yield Is Trouble (But Its 11% Counterpart Looks Good!) What if I told you that, even in this expensive stock market, that we can still find yields of 9%, 10%... heck, even 20%?
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A comparison of the latest interest rates on fixed deposits offered by SBI, ICICI Bank, Axis Bank and HDFC Bank
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I have already started receiving calls from the recovery department of the finance company. They are stalking me for repayment of loan.
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