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Market News

Location American Market News for 5 July 2022
Total U.S. short selling increased by $20 billion in June, down from a $61 billion increase in May and less than most months in 2022.
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What are the issues in transfer of a house if there is no will? The PoA automatically becomes null and void and all the powers/authorities granted therein extinguishes for all legal purposes and intent
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How the recent customs duty hike affects gold funds

livemint.com - 5 Jul 2022 21:01
How the recent customs duty hike affects gold funds Experts say gold is a long-term asset, and investors should not worry about short-term fluctuations
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Don't miss availing these tax breaks

livemint.com - 5 Jul 2022 20:45
Don't miss availing these tax breaks No tax will be levied on funds that taxpayers receive from employers, family and friends for treatment of covid
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How much tax do you pay on debt investments?

livemint.com - 5 Jul 2022 19:28
How much tax do you pay on debt investments? Equity investments tend to give higher returns than all other asset classes over the long run, but they are also riskier Here's a look at the tax rules that apply to some debt-related investment products
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Nexo Nears Deal to Buy Peter Thiel-Backed Lender Vauld

Wall Street Journal - 5 Jul 2022 19:26
Move comes after Vauld suspended withdrawals, disclosing that users had pulled almost $200 million over the past three weeks.
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Oil Prices Pulled Lower by Dimming Demand

Wall Street Journal - 5 Jul 2022 19:21
West Texas Intermediate crude oil is on pace to close below $100 a barrel for the first time since May.
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Life Insurance: This LIC policy can make you crorepati, here's how The Jeevan Shiromani plan is meant for High Net-worth Individuals (HNIs) offering a combination of protection and savings. This plan offers financial support for the family in case of the unfortunate death of the policyh...
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Even Traditional Safe Havens Offered Little Protection In H1 Bonds have historically shined when stocks have plunged, but Treasuries and municipals sold off in the first six months. Gold was essentially flat, having shed a little over 1%.
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European Gas Prices Jump as Norwegian Oil Workers Strike

Wall Street Journal - 5 Jul 2022 16:35
European natural-gas prices rose to a four-month high as workers in the second-largest provider of gas to the EU after Russia launched a strike due to a dispute over wages.
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This Unloved REIT Fund Yields 7% (And Pays Dividends Monthly) Demand for rental property is literally going through the roof--and we can play the trend for a rock-solid 7% dividend that can be had at a discount!
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Despite A Drop In Sales, Coherent Stock Has Managed To Strongly Outperform The S&P 500 Coherent Inc. (NASDAQ: COHR) stock price jumped more than 2.5x from $106 in 2018 end, to around $266 currently, primarily due to favorable changes in its P/S multiple.
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Verizon Communications A Top Socially Responsible Dividend Stock With 5.0% Yield Verizon Communications has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 5.0% yield
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Tesla Stock Down 46% As Q2 Deliveries Fall Short With disappointing Q2 deliveries, a harsh work environment, and poor manufacturing quality and customer service, Tesla shares could fall further
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Why Has Thor Industries Stock Underperformed The S&P Despite Consistent Sales Growth? The company, in fact, witnessed a rise in its outstanding share count and a drop in its P/S multiple over this period, due to which the company's stock has failed to outperform the S&P, which returned a little over 50% o...
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Student Loans: Higher Rates Start This Week What's your new rate for your student loans?
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Will The Stock Market Be A Good Predictor Of A US Recession? If a recession unfolds, it is likely to be mild. One reason is U.S. banks are well capitalized and have recently passed recession stress tests. Another is the U.S. economy does not face major imbalances that occur when r...
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Enthusiastic shopping during the pandemic allowed designer brands to push through big price increases, but that seems unsustainable.
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What's Happening With Boston Scientific Stock? Boston Scientific stock (NYSE: BSX) has seen a 9% fall in a month, in line with the broader S&P500, which is down 8%.
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Euro Nears 20-Year Low Against Dollar on Recession Fears

Wall Street Journal - 5 Jul 2022 13:22
The currency's decline, and the dollar's strength, this year has renewed concerns that the euro could reach parity with the greenback.
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These Tech Stocks Can Be A Defensive Bet In An Uncertain Economy Our theme of Value Tech Stocks - which is comprised of technology stocks with a market cap of over $5 billion and a price-to-earnings multiple of under 20x - has declined by almost 24% year-to-date, although it has outpe...
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The big three Chinese carriers have just placed their first significant order since the pandemic began. But all isn't well just yet: There are still some obvious squalls brewing.
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