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Market News

Location American Market News for 5 January 2021
Running in a Blizzard: Where Stakeholder Capitalism Is Headed in 2021 It has long felt like we can't see more than a step ahead. But we've continued to push forward, and we're confident that stakeholder capitalism is primed to enter its next stage in 2021.
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How to Fix the Housing Bias That Warps Investment Decisions

Wall Street Journal - 5 Jan 2021 17:34
Overinvestment in property is incentivized by effective subsidies and favorable treatments in the tax system that governments could try harder to withdraw.
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U.S. Stock Futures Tick Higher Ahead of Georgia Elections

Wall Street Journal - 5 Jan 2021 12:37
The S&P 500 is on track for muted gains after dropping sharply on Monday amid rising concern that the coronavirus pandemic will slow or halt the economic recovery.
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Dow Jumps 200 Points And Chinese Telecom Stocks Rally As Investors Eye Georgia Senate Runoffs China Mobile, China Telecom and China Unicom shot up as much as 12% Tuesday--nearly adding back the past week's losses.
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Healthcare Stock Ready For Fresh Highs In 2021 Tech platform Change Healthcare (CHNG) enjoyed a sizable rally during the second half of 2020, steadily chugging past its pre-pandemic peak in mid-November to notch a Dec. 23 all-time-high of $19.08.
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World Bank Warns Stimulus Spending And 'Dangerous' Debt Crisis Could Trigger Recession And Wipe Out A Decade Of Income Gains "For some countries, it's a red alert," the World Bank President said Tuesday.
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World Bank Warns Stimulus Spending And 'Dangerous' Debt Crisis Could Could Trigger Recession And Wipe Out A Decade Of Income Gains "For some countries, it's a red alert," the World Bank President said Tuesday.
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Oil Prices Rise On 'Surprise' Saudi Production Cut, But Can The Rally Last? The Saudis said the 1 million bpd cut is a gift "to support the market" but it looks more like capitulation to a Russian oil ministry that drove a hard bargain.
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Treasury Yields Rise Ahead of Georgia Election Results

Wall Street Journal - 5 Jan 2021 21:07
U.S. government-bond yields also got a lift from positive economic data on the country's manufacturing sector.
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1 High-Growth UK Share You Should Buy This January This e-commerce giant attracted 233.4m visits in August. Here's why it's one of the hottest UK growth shares to buy today.
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For Manufacturers, a Different Sort of Recession

Wall Street Journal - 5 Jan 2021 19:26
Past recessions have badly hobbled manufacturers. This time, they may emerge in better shape.
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5 NYSE Mining Stocks Hitting New 52-Week Highs With the precious metals starting the New Year upward, it's not surprising to see mining stocks joining in the fun.
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Crude Collapse Hands Payday to Oil Trader Pierre Andurand

Wall Street Journal - 5 Jan 2021 18:58
The collapse in oil prices triggered by the coronavirus pandemic handed a big payday to Pierre Andurand, one of the few hedge-fund managers to have survived years of disappointing returns in commodity markets.
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CoinDesk Buys TradeBlock, Joining Rush for Bitcoin Analytics

Wall Street Journal - 5 Jan 2021 18:32
The deal indicates the surging demand for data and indexes used to track and trade cryptocurrencies.
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Betting Markets Have Georgia Senate Runoffs As Toss-Ups-Here's What Investors Should Expect If Democrats Pull Off A Win For weeks, markets have priced in the odds of Republicans retaining Senate control, but Democrats have been gaining an edge.
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Betting Markets Now Have Georgia Runoffs As Toss-Ups-Here's What Investors Should Expect If Democrats Pull Off A Win For weeks, markets have priced in the odds of Republicans retaining Senate control, but Democrats have been gaining an edge.
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3 Little-Known Ways To Get Tax-Free 8.3% Dividends In 2021 There is one canny move we can make to (legally, of course!) reduce our tax burden.
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Up 8x, What Really Changed For Tesla Stock In 2020? Tesla had a remarkable 2020, as its stock price soared by almost 8x, from levels of around $90 at the beginning of the year to over $700 currently. Although a good deal of the run-up was due to technical factors such as ...
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Gold's Climb Adds Momentum to Year-End Rally

Wall Street Journal - 5 Jan 2021 17:06
A weak U.S. dollar and surging Covid-19 infections are attracting investors to the haven metal.
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Why Did Novavax Stock Decline 20% In December? Vaccine specialist Novavax - which is seen as a key player in the Covid-19 vaccine space - saw its stock price decline by about 20% over December. Here are a few possible reasons for the decline. Covid-19 vaccines by Pfi...
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Three Reasons To Steer Clear Of QuantumScape Stock QuantumScape is a momentum stock with no revenues and slim future prospects. Don't try to catch this falling knife.
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Chinese Telecom Stocks Rally, But Dow Remains Flat Ahead Of Georgia Senate Run-Offs China Mobile, China Telecom and China Unicom shot up as much as 15% Tuesday-nearly adding back the past week's losses.
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