[unable to retrieve full-text content]Trump Media’s $5.3 Billion Selloff Deepens as 270% Rally Fizzles Yahoo Finance Source link
Read More »Trump Media's $5.3 Billion Selloff Deepens as 270% Rally Fizzles – Yahoo Finance
Stock rally fizzles on revived inflation fears
By Sam Byford TOKYO (Reuters) – Asian stocks slipped across the board on Wednesday, failing to extend Wall Street’s rally as persistent worries about interest rates and inflation remained a key focus for investors, while the Japanese yen hit a fresh 24-year low against the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.39%, still up 1.02% on the more than five-week low it hit on Monday. Tokyo’s Nikkei gave up early gains and was flat. Investors are continuing to… Source link
Read More »As Meme Stock Mania Fizzles, Wall Street Sees ‘Big Reckoning’
(Bloomberg) — The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books — plural — will undoubtedly be dedicated to the topic in years to come. But after these small-time speculators banded together to drive up dozens of obscure stocks by hundreds or even thousands of percent — and in the process burned a few hedge-fund barons betting on declines — the movement appears to be petering out. An index that… Source link
Read More »Oil slips to $68 as rally fizzles out before U.S. supply report
TipRanks Billionaire David Tepper Bets Big on These 2 “Strong Buy” Dividend Stocks Anyone trying to keep track of where the markets might be heading, could be forgiven for displaying signs of dizziness. The markets are being violently pulled in opposite directions lately, making it difficult to form a coherent investing strategy. It is in time like this that some expert advice might provide a clearer picture. Hardly any on the Street come more highly regarded than billionaire David Tepper…. Source link
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