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Market News

Location American Market News for 6 October 2022

Crypto Exchanges Cut Fees to Gain Market Share

Wall Street Journal - 6 Oct 2022 13:00
Binance and Coinbase are following Wall Street's trading approach to win over customers.
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Stock Futures Edge Down on Worries Over Rates, Growth

Wall Street Journal - 6 Oct 2022 12:42
U.S. stock futures fell, suggesting major indexes could stumble for a second consecutive day following their strong start to October.
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Despite its growth, the company's valuation could fall further in its public debut.
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I Manage My Mother-in-Law's Finances. Should I Be Paid?

Wall Street Journal - 6 Oct 2022 18:00
A reader's query raises a bigger question about the potential financial strain on all caregivers.
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Did You Avoid The 5.5% Drop In The Biggest Bond Fund? The two-month 5.5% decline in the largest bond fund might have been avoided if you use technical rather than fundamental analysis says the Viper Report's Tom Aspray.
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Twitter, Musk Talks Continue, Focus on Financing, Litigation

Wall Street Journal - 6 Oct 2022 21:15
The negotiations are centered on ensuring that Elon Musk's debt financing will remain in place and on conditions to stay litigation over the deal until it closes. Both parties are racing to seal a pact by Monday, a perso...
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Is ₹1 lakh monthly salary a big deal for young professionals? It's no longer a benchmark for a successful career amid rising inflation, aspirational spending
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How should I invest to earn 5% more than the rate of inflation? A targeted return of 5% per annum over inflation should be possible through a combination of passive and active strategies, though you should be prepared for volatility along the way
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Key tax and FEMA rules for Indians who come back after staying in the US Funds held in NRO accounts are not freely repatriable to accounts overseas
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What's the forex rate?

livemint.com - 6 Oct 2022 18:44
What's the forex rate? Here's the list of INR to USD forex rates offered by some of the major banks and travel aggregatprs.
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Mortgage Rates Drop For First Time In 6 Weeks--But Housing Market Downturn Could Last Several Years, Wells Fargo Warns Rates have climbed so much that the average monthly mortgage payment has climbed by $840, or 56%, over the past year alone.
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Shell's Slip Shows Oil and Gas Prices Aren't Everything

Wall Street Journal - 6 Oct 2022 18:10
The supermajor's lower trading profits highlight that energy stocks offer an indirect link to commodity markets.
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What's Behind Texas Instruments Stock's Consistent Outperformance Of The Markets? Texas Instruments Incorporated (NASDAQ: TXN) stock price rose 1.6x from $104 in 2017 end to around $167 currently, primarily due to favorable changes in its sales and P/S multiple.
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It Ain't Over Until The Banks Cry Uncle

Forbes - 6 Oct 2022 17:20
It Ain't Over Until The Banks Cry Uncle The Fed is likely to pivot when the banks cry uncle. With their stock prices cratering, spreads widening, and the yield curve inverted, watch banks stocks for an imminent change in policy.
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What Is A Growth Recession Exactly?

Forbes - 6 Oct 2022 17:15
What Is A Growth Recession Exactly? What is a growth recession, and is it possible we will be experiencing one shortly? We take a detailed look at what a possible growth recession means for all of us, and what investors need to know.
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Elon Musk's takeover of Twitter would be paid for in part with $13 billion of debt seven banks including Morgan Stanley and Barclays agreed to provide. They could now face $500 million in losses if they tried to unload a...
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For the Economy, Those Sick Days Are Still Adding Up

Wall Street Journal - 6 Oct 2022 17:08
Covid-19 continues to take an uncertain but very real toll on the labor market.
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Target Stock Down 32% This Year, What's Next? TGT stock has declined from around $232 to near $148 year-to-date, compared to a 26% fall in the S&P index.
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My 2 Favorite Dividend Stocks For Q4 2022

Forbes - 6 Oct 2022 16:48
My 2 Favorite Dividend Stocks For Q4 2022 The time to dump stocks, I told Moe, was early in the year.
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New ETFs Offer Investors a Chance to Bet on the Metaverse

Wall Street Journal - 6 Oct 2022 16:06
Still, some of the investments have relatively high costs, and they have suffered along with other tech stocks.
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Sunrun Stock: Is This Solar Stock A Winner Or Going Dark? When the Inflation Reduction Act passed in August, it created new opportunities for consumers to save money by going solar. We break down Sunrun stock to see how the largest residential solar installer is performing fina...
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Occidental Petroleum Stock Up 13% In A Week. Here's Why? Occidental Petroleum Corporation's stock (NYSE: OXY) is a company engaged in hydrocarbon exploration as well as petrochemical manufacturing.
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