The dog day’s of summer on Wall Street are upon us. The ancient Greeks would refer to the so-called “dog days” in late July and early August as the period in which the star Sirius — also known as Alpha Canis Majoris, or dog star–as the hottest part of summer, …
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MARKETWATCH FRONT PAGE August has tended to be more prone to unexpected turbulence than its traditional reputation as a period in which traders and investors laze about before autumn begins. See full story. Here are five value-stock picks that set up your portfolio for a pandemic recovery Bill McMahon, the …
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Stocks were slightly lower Tuesday as investors focused on talks between Republicans and Democrats on a second coronavirus aid package and a deluge of second-quarter corporate results. What are major indexes doing? The Dow Jones Industrial Average DJIA, -0.39% was down 141.16 points, or 0.5%, at 26,443.61, while the S&P …
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The U.S. dollar is looking shaky. Barring some sort of currency meltdown, a weaker dollar should be a positive for equities, though foreign stocks will likely benefit more, analysts said. The ICE U.S. Dollar Index DXY, -0.36%, a measure of the currency against a basket of six major rivals fell …
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Tesla Inc. stock rose more than 5% late Wednesday after the Silicon Valley car maker reported a second-quarter GAAP and adjusted profit, setting it on a course to join the S&P 500 index and surprising investors as most of the quarter was beset with coronavirus-related stoppages. Tesla TSLA, +1.52% said …
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There’s a lot of uncertainty in financial markets right now — and a lot of vacillating, which can sometimes feel like the same thing. Many analysts believe markets will bounce back and forth for some time, driven by headlines, not fundamentals, until some big issues — the U.S. presidential election, …
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Stocks got off to a red-hot start to the week, with the Nasdaq cruising to record highs on Monday, and while the gloom-and-doom set have plenty of reason to believe it won’t last, Economic Cycle Research Institute co-founder Lakshman Achuthan doesn’t see it that way. At least that’s what his …
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Independence Day falls on Saturday this year, meaning that U.S. financial markets will be closed on Friday. The New York Stock Exchange and Nasdaq will be shuttered at the conclusion of regular trade Thursday, while the bond market will close an hour early, at 2 p.m. Eastern on Thursday, and …
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Tesla Inc.’s massive stock rally continued Thursday after the Silicon Valley car maker easily topped sales expectations for the second quarter. Tesla TSLA, +6.86% said that it delivered roughly 90,650 vehicles in the second quarter, ahead of the 72,000 deliveries that analysts surveyed by FactSet had been predicting. Tesla’s actual …
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