Tag Archives: brink

S&P 500 Closes on the Brink of Historic 5,000 Mark: Markets Wrap

S&P 500 Closes on the Brink of Historic 5,000 Mark: Markets Wrap

(Bloomberg) — The historic rally in US stocks continued to power ahead, with the S&P 500 closing within a striking distance of 5,000. Most Read from Bloomberg Gains on Wednesday were fueled by a renewed surge in big tech and a strong sale of 10-year Treasuries that dimmed supply concerns. While bonds barely budged, equities extended their bull run on prospects that a solid economy will continue fueling corporate profits. In late trading, Walt Disney Co. and Arm Holdings Plc jumped on upbeat… Source link

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Stock futures rise to recover from bear market brink

Stock futures rise to recover from bear market brink

U.S. stock futures rose Monday morning, with equities coming off a seven-week losing streak on more solid footing as investors shook off some recent volatility and digested fresh trade-related remarks from the Biden administration. Contracts on the S&P 500 gained more than 1% in early trading. The index had closed out Friday’s session flat on the day but down 18.7% from its Jan. 5 record closing high to come within striking distance of a bear market, defined once an index closes at least 20%… Source link

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How Putin’s obsession with NATO has led to the brink of war in Ukraine

In response to the rising threat of a Russian military invasion of Ukraine, NATO forces in the region have begun mobilizing. Spain announced Thursday that two of its warships were en route to the Black Sea, the body of water that borders southern Ukraine, to partake in military exercises originally planned for later this year. Spain may also send fighter jets to Bulgaria, where the Dutch government is sending F-35s, while, according to military analyst Gustav Gressel, senior policy fellow at… Source link

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Capitalism has taken world to ‘brink of climate disaster’

A group of financial firms at the COP26 climate summit on Wednesday pledged $130 trillion to facilitate the transition toward a sustainable global economy — the latest in a string of commitments made by business officials in recent days. But hedge fund billionaire Tom Steyer says the private sector must also reckon with the role capitalism has played in pushing the world to the “brink of climate disaster” in the first place.  A different, mission-oriented version of capitalism can drive… Source link

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COVID-19 resurgence has brought US economy back to the brink: Goldman Sachs

TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently shows strong share appreciation, over an extended period, it’s a positive sign for investors.With more than ten months behind us, the stocks that are now showing a combination of strong gains and a… Source link

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