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Market News

Location American Market News for 16 March 2021

Cathie Wood Persuades Investors to Stick With ARK's ETFs

Wall Street Journal - 16 Mar 2021 11:30
The stock picker uses TV interviews and YouTube videos to put investors at ease amid a volatile period for her investment funds.
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Top Stocks To Buy Today As Markets Anxiously Anticipate Fed Meeting The Dow slipped 0.1%, the S&P 500 rose 0.1%, and the Nasdaq climbed 0.6%. In the meantime, Q.ai's Artificial Intelligence has brought out today's top buys.
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Why Tesla Stock Looks Set To Rally Further

Forbes - 16 Mar 2021 14:30
Why Tesla Stock Looks Set To Rally Further Tesla stock rallied by almost 17% over the last week, driven by a broader recovery in technology stocks and a bullish outlook from multiple brokerages. Moreover, the company also raised prices on select models including ...
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Swine Fever Resurgence Damps Hopes for U.S. Soybean Farmers

Wall Street Journal - 16 Mar 2021 13:00
A new outbreak of African swine fever is putting new strain on China's efforts to rebuild its pig herds--a threat to U.S. farmers' hopes to sell more soybeans there this year.
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Biden Will Push For Tax Hikes For Big Companies And High Earners, Economic Aide Says But a middle-class family earning $110,000 per year could see relief.
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Google's Fee Cut Won't Quiet Developer Unrest

Wall Street Journal - 16 Mar 2021 21:41
A reduction in app store fees won't buy the internet giant's way out of regulators' sights.
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Checking In On Five Below Stock Before Earnings The shares of Five Below (FIVE) are taking a breather today after yet another run in with the $50 level - a region the shares have been consolidating below since mid-January.
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Local governments deposited money at the lender to escape negative interest rates at their usual banks.
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FirstEnergy Nears Deal to Give Carl Icahn Two Board Seats

Wall Street Journal - 16 Mar 2021 19:26
Two employees of the billionaire activist's firm, Jesse Lynn and Andrew Teno, are expected to join FirstEnergy's board and serve on committees focused on helping the company improve its compliance and settle litigation.
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Putting the Risk Into Risk-Free Treasurys

Wall Street Journal - 16 Mar 2021 18:03
Buyers have concluded that locking up their money in U.S. government bonds for a decade or more is now riskier than before.
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Ex-Dividend Reminder: Dick's Sporting Goods, Big Lots And Walmart On 3/18/21, Dick's Sporting Goods, Big Lots, and Walmart will all trade ex-dividend for their respective upcoming dividends.
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Compare company FD rates and ratings

livemint.com - 16 Mar 2021 01:47
Compare company FD rates and ratings An AA rating indicates that the degree of safety regarding timely payment is strong; the higher the rating, the better the risk capacity of the issuer
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Greensill Capital Is Sued for Fraud

Wall Street Journal - 16 Mar 2021 17:13
The suit by Bluestone Resources, a coal-mining company owned by West Virginia's governor, is tied to a $850 million loan from the troubled U.K. financial firm.
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EToro to Go Public in SPAC Merger Deal

Wall Street Journal - 16 Mar 2021 17:02
The trading platform operator says it will combine with FinTech Acquisition Corp. with an implied value of $9.6 billion.
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Spending Is About to Spring Forward

Wall Street Journal - 16 Mar 2021 16:45
Sales slipped in February but are set to rebound strongly in March. Later this spring it gets complicated.
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Visa, Mastercard Delay Credit-Card Swipe Fee Increases

Wall Street Journal - 16 Mar 2021 16:26
The companies said they will hold off on increasing interchange fees for merchants until next April after their plans drew criticism from lawmakers.
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Inflation--Not Covid-19--Is Now The Biggest Risk To Markets, Bank Of America Survey Shows Taper tantrums are a close second.
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Fed Ahead: Choppy Trading Possible Going Into Powell Press Conference Tomorrow People are on pins and needles waiting for what Fed Chairman Powell has to say tomorrow about inflation, so things could be choppy the next day or two. Retail sales were a big disappointment, but probably reflected the T...
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Why Target, Universal Health Services, MasTec, HollyFrontier, Standard Motor Products, And Allison Transmission Look Good Post Earnings Reiterating six more Long Ideas post recent earnings reports.
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Do check if post office savings offer quarterly or annual compounding The time deposits offer quarterly compounding, whereas compounding frequency in Kisan Vikas Patra and National Savings Certificate is annual, according to its website.Here's how the frequency of compounding can make a di...
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ACADIA Pharmaceuticals Stock Now Looks Oversold At $27 Levels We believe that ACADIA Pharmaceuticals stock, a biopharmaceutical company focused on neuroscience drugs, is a good buying opportunity at the present time. ACAD stock trades near $27 currently and it is, in fact, down 43%...
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Nasdaq-100 futures rise, suggesting tech stocks are finding their feet again.
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