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Market News

Location American Market News for 27 November 2020

Job Growth May Have Hit A Wall

Forbes - 27 Nov 2020 21:45
Job Growth May Have Hit A Wall With job claims increasing over the past two weeks and Covid-19 numbers spiking, the November jobs report could seriously disappoint.
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Is OPEC At The Mercy Of Oil Markets?

Forbes - 27 Nov 2020 22:44
Is OPEC At The Mercy Of Oil Markets? By letting market reactions dictate its oil policy, OPEC is ceding its power to set market trends to the sentiments of traders.
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Oil Prices Seen Remaining Subdued Into 2021

Wall Street Journal - 27 Nov 2020 19:48
Covid-19 vaccines could bolster both the global economy and demand for oil in 2021, but elevated levels of coronavirus cases could have a negative effect, with fresh restrictions on travel and business.
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Tesla's Made In China Model 3 Arrives In Europe Europe gets its first batch of 7,000 Model 3 Tesla sedans.
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China Economy Revving Up As Western World Prepares For Crises China's economy revving up as G7 nations gear up for 'dark winter'.
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Black Friday Is Big in Taiwan, but Why?

Wall Street Journal - 27 Nov 2020 17:52
As Americans forgo hitting the stores at dawn on Black Friday, they can at least live vicariously through Taiwan.
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CARES Act Continuation without Steve Mnuchin - An Open Letter To Fed Chairman Powell Treasury Secretary Mnuchin's withdrawing from the CARES Act programs affords Fed Chairman Powell an opportunity to get these programs right. With Covid rates again spiking, small businesses again failing, and sub-federal...
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Women Do Talk Money, With Their Text Group

Wall Street Journal - 27 Nov 2020 17:00
The continuing economic stress and stock-market volatility stemming from the pandemic has moved women to join group chats to talk about emergency funds, investing and financial goals.
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This 8% Dividend Is On Sale Until January

Forbes - 27 Nov 2020 16:50
This 8% Dividend Is On Sale Until January Something shocking just happened: Treasury Secretary Steven Mnuchin cut off a $454-billion program the Federal Reserve uses to keep the bond market running.
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What's Happening With US Foods Stock?

Forbes - 27 Nov 2020 13:00
What's Happening With US Foods Stock? US Foods Holding Corp's stock at around $31 has partially reached the level it was at before the drop in February due to the coronavirus outbreak becoming a pandemic. US Foods is a mighty foodservice distributor with app...
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Black Friday Is Here: Shoppers And Retailers In Focus During Abbreviated Trading Session Trading today could be a bit thin in post-holiday volume, meaning a little choppiness is likely. Next week things return to normal ahead of the November jobs report.
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Investors Seek New Election Data

Wall Street Journal - 27 Nov 2020 16:00
Fund managers and research analysts are parsing alternatives to polling for gauging election probabilities after twists and turns in the recent U.S. voting sent asset prices swinging.
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Black Friday Deals Pit Walmart And Best Buy Against Amazon In 2020, contactless store pickup could give Walmart and Best Buy the edge over Amazon in the battle to get goods into consumers' hands faster
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U.S. stock futures edged up, signaling that markets could end the week on an upbeat note with major indexes near all-time highs.
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Qualcomm, Skyworks, Qorvo: 5G Stocks Benefit From iPhone 12 Tailwinds 5G has emerged as a hot investment theme this year. While major U.S. carriers have been upgrading to the next-gen technology for over a year now, consumer adoption is also likely to pick up meaningfully as Apple has embr...
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Covid-19 or Not, Here Vimeo Comes

Wall Street Journal - 27 Nov 2020 15:00
As business increasingly moves online, Vimeo should have investors tuning in, even once they are physically back at work.
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What's Happening With Norfolk Southern Stock? Last month, Norfolk Southern (NYSE: NSC) announced a joint venture - Rail Pulse - to adopt GPS and other telematics technology, which will help in real-time track level visibility and total load visibility among other be...
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Invest In HSBC Stock For 35% Gains

Forbes - 27 Nov 2020 14:30
Invest In HSBC Stock For 35% Gains HSBC stock has 35% upside (to pre-crisis level) in 1-2 years as the lower interest rate environment improves and GDP sees some recovery, leading to a growth in total loans and net interest income. HSBC stock currently tr...
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Spotify Needs More Than a Cup of Joe

Wall Street Journal - 27 Nov 2020 14:00
Joe Rogan's podcast, about to go exclusive, will need to deliver a big boost in paid users to justify the Spotify stock's run.
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Hill-Rom Can Offer 15% Upside

Forbes - 27 Nov 2020 14:00
Hill-Rom Can Offer 15% Upside We believe that Hill-Rom Holdings stock (NYSE: HRC), best known for its hospital beds and patient mobility solutions, may be a good buying opportunity at the present time. HRC stock trades near $97 currently and it is, i...
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Dow, S&P 500 on Track to End Week Near Record Highs

Wall Street Journal - 27 Nov 2020 12:39
Major technology-stock benchmarks are poised to breach fresh all-time highs Friday, with Nasdaq-100 futures pointing to extended rally.
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Coty's Stock Jumps 48% In One Week - What Comes Next? Coty's stock jumped a massive 48% in the last 5 trading days. Despite this, the stock is still down 30% from year-beginning levels. So what should you do next? We need to be cautious when considering such big moves as a ...
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