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Market News

Location American Market News for 2 July 2021
LIC launches Saral pension plan. How much regular income you will get LIC Saral pension plan offers two annuity options to the policy holders after one-time lump sum amount payment
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Investors hope the pandemic will prompt some owners of independent high-end luxury brands to sell up. But persuading founding families to give up control has always been tricky.
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Supreme Court to Hear Case on Northwestern Retirement Plan

Wall Street Journal - 2 Jul 2021 23:53
The ruling, expected next year, is expected to resolve the conflicting outcomes of similar cases involving retirement plans sponsored by big-name universities in the appeals courts.
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OPEC-Plus Deadlocked on Oil Production Boost Deal

Wall Street Journal - 2 Jul 2021 23:22
The petroleum cartel and Russia-led allies were blocked by the U.A.E. in their efforts to forge a production-boost accord.
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Treasurys Retain Gains After Jobs Report

Wall Street Journal - 2 Jul 2021 22:14
Some analysts said the number of jobs added was encouraging but not an overwhelming sign that the labor market is healing at an accelerating pace.
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The Job Market's Seasonal Affective Disorder

Wall Street Journal - 2 Jul 2021 18:42
The pandemic threw typical hiring patterns out of whack, making it harder to get a
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DTE Energy Completes Tax-Free Spin-Off Of DT Midstream DTM opened at $38.65 and closed at $42.02, with intraday high of $42.50 and low of $38.60.
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Bitcoin Bulls Under Pressure After Cryptocurrency Selloff

Wall Street Journal - 2 Jul 2021 17:12
The digital asset fell 41% in the second quarter, according to Dow Jones Market Data, the worst selloff since a 43% drop in the fourth quarter of 2018.
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When a 59% Annual Return Just Isn't Enough

Wall Street Journal - 2 Jul 2021 17:00
Investors appear to be growing more and more optimistic about how their portfolios will perform in the years to come. Disappointment is bound to follow.
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The $6 billion deal would be the latest example of the private-equity firm purchasing two companies and combining them.
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Buy Airbnb Stock Ahead Of The July Fourth Travel Boom? Airbnb stock (NASDAQ: ABNB) has gained about 14% from its lows of near $134 per share seen in May, to about $153 per share currently, as investors brace for a big upcycle in the hotel industry...
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Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place.
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Savings under Sukanya Samriddhi Yojana stood at ₹1.05 lakh crore at May end Currently, the interest rate offered on SSY is the highest among all small saving schemes at 7.6%..SSY, launched in January 2015 as part of the government's larger 'Beti Bachao, Beti Padhao' campaign, is aimed at encoura...
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Arista Networks Inc Ranked Among Today's Top Buys The Dow Jones rose 60 points, the S&P 500 ticked up 0.2%, and the Nasdaq climbed 0.4% to hit its own intraday record. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
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Transfers to heirs and others is unleashing a torrent of economic activity, including buying homes, starting businesses and giving to charity.
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Jeff Bezos Is Handing Andy Jassy a Unique Set of Challenges

Wall Street Journal - 2 Jul 2021 16:00
Amazon's founder is departing with the business in fantastic shape, but its sheer size has put a target on its back.
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With Bitcoin At $34K, Consider These Crypto Stocks Bitcoin prices have crashed from levels of around $62,000 in mid-April to just about $34,000 as of Wednesday. The crypto bear market appears to be driven by a host of factors, including China's crackdown on Bitcoin tradi...
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The Boeing Company Ranked Among Today's Trending Stocks Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified The Boeing Company among others.
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Gene Editing Stocks Are Worth A Look After Intellia's Big Breakthrough Intellia Therapeutics - a gene-editing company co-founded by CRISPR pioneer and Nobel prize winner Jennifer Doudna - indicated that NTLA-2001, its experimental treatment for transthyretin amyloidosis provided very promis...
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Cue The Fireworks: Robust Jobs Report Ahead Of Holiday Weekend This was a mostly solid jobs report that could tell us the economy remains on track coming out of Covid. However, it's not perfect. Wages didn't rise very much, perhaps because so many of the new jobs were in lower-payin...
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At first glance, the rise of 850,000 payroll jobs in June is quite encouraging, since that number exceeded economist expectations by over 100,000.
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Making a big cash payment? Know the tax rules

livemint.com - 2 Jul 2021 15:03
Making a big cash payment? Know the tax rules No person is allowed to receive a sum of Rs. 2,00,000 or more, from a person in a day or in respect of a single transaction or in relation to one event or occasion, in cash or an impermissible mode
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