The numbers: The Chicago Fed’s national activity index, which is designed to gauge overall U.S. economic activity, declined to 0.27 in November from a revised 1.01 in the prior month. It is the smallest gain after the sharp decline in May. The index’s three-month moving average, which tries to smooth …
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MARKETWATCH FRONT PAGE Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., has seen his fund badly trail the broader stock market in 2020. See full story. Shopping for a new car on Black Friday? Beware of this clever car-dealership trick Timothy …
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Being too bearish in this pandemic-stricken U.S. stock market can be costly. That is apparently the lesson that Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., learned this year as his fund has seen clients pull billions of dollars from his …
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U.S. stock-market futures on Tuesday evening tilted higher after a big rally in the regular session and as the votes of hundreds of millions of Americans were being tallied in the crucial election between President Donald Trump and former Vice President Joe Biden. Stock investors are betting that a decisive …
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A man’s reflection is shown in Apple’s flagship store in Madrid’s Puerta del Sol on Oct. 26, 2020. It remains closed due to the pandemic. MarketWatch/Kollmeyer European and U.S. equity futures pointed to losses for markets on Friday, with investors reacting to some disappointment over Apple and Amazon.com earnings, as …
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White House physician Sean Conley (second right, with medical staff, arrives to give an update on the condition of President Donald Trump on Sunday. Brendan Smialowski/Agence France-Presse/Getty Images Stock-index futures rose modestly Sunday evening as investors tracked President Donald Trump’s response treatment for COVID-19 after he was hospitalized for the …
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Discussing mortgage closing costs with a loan officer is pretty much a homebuyer’s last opportunity to secure the best possible interest rate on a home loan. One way to lower that rate — and your monthly payments — is by purchasing ‘mortgage points.’ Buying points is an opportunity that doesn’t …
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U.S. stocks slumped in the final hour of trade Wednesday to end three days of gains, as investors monitored signs of a revival of the coronavirus pandemic in some U.S. states and China, while still hoping for a quick economic recovery as business activity resumes. Investors also parsed the second …
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U.S. stocks rose Tuesday as the market took heart from the easing of restrictions on businesses in the U.S. and Europe, amid hopes for an early vaccine to prevent the further spread of the COVID-19 pandemic. Investors also were watching a rise in crude oil prices and continued to monitor …
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