Tuesday, December 5, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe S-P-A-C “In history books, the year 2020 will forever be known for the deadly pandemic,” writes Goldman Sachs equity strategist David Kostin in his latest note to clients. “Economists will study the unprecedented recession and recovery. Investors will note the swift 34% bear market and dramatic 65% rally. But from a capital markets perspective, this year will… Source link
Read More »Arrival, the latest EV company set to enter the public markets
Bloomberg China to Take Oil-Refining Crown Held by U.S. Since 19th Century (Bloomberg) — Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries shut in recent years, Convent was far from obsolete: it’s fairly big by U.S. standards and sophisticated enough to turn a wide range of crude oils into high-value fuels. Yet Shell, the world’s third-biggest oil major, wanted to radically reduce refining capacity and couldn’t… Source link
Read More »Oil Climbs With Vaccine Optimism Lifting Broader Markets
GlobeNewswire Global Masterbatch Market – Analysis By Product, End-User, Polymer, By Region, By Country : Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025) Executive Summary The Global Masterbatch Market valued at USD 12. 05 billion in the year 2019 by value and 7219. 23 thousand tonnes by volume has been witnessing unprecedented growth.New York, Nov. 17, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Masterbatch Market – Analysis… Source link
Read More »Stocks Slip After U.S. Losses; Treasuries Gain: Markets Wrap
TipRanks Raymond James: These 3 Stocks Are Poised to Surge by Over 80% We’re a little over one week past the Presidential election, and the market reaction shows that that investors are pleased. While the election margins were razor thin, the will of the voters came through: they rejected Donald Trump, and his brash, in-your-face style, but they also rejected the Democratic Party on policy; the Dems lost seats in the House, will likely not take control of the Senate, and also lost ground at… Source link
Read More »Stocks Surge to All-Time High on Vaccine Progress: Markets Wrap
(Bloomberg) — Stocks are extending a global rally on the clearest sign of progress yet in developing a vaccine to stem the Covid-19 pandemic. Futures on the S&P 500 jumped 3% after news that the vaccine being developed by Pfizer Inc. and BioNTech SE prevented more than 90% of infections in a study of tens of thousands of volunteers. Contracts on the Russell 2000 Index of small-cap stocks surged 7%. Pfizer’s Covid Vaccine Prevents 90% of Infections in Large Study The vaccine announcement… Source link
Read More »Markets are higher, Nasdaq futures are surging
U.S. equity futures are pointing higher with tech stocks leading the way Tuesday evening as the country awaits results of the 2020 elections. Dow futures (YM=F): +46 points or 0.2% S&P 500 futures (ES=F): +26 points or 0.8% Nasdaq futures (NQ=F): +269.7 points or 2.4% Russell 2000 futures (RTY=F): -5.6 points or 0.3% It’s relatively early in the process, but the initial results show President Donald Trump may be closing in on former Vice President Joe Biden’s estimated lead. As of 11:50 p.m…. Source link
Read More »U.S. Futures Climb as Oil Slides to Five-Month Low: Markets Wrap
TipRanks Wells Fargo: 3 Stocks to Snap up Now Wall Street hit some rough waters last week. With the Presidential elections only two days away, spiking COVID-19 numbers and hopes for a pre-election stimulus package dwindling, stocks posted their worst week since the height of the pandemic in March. All three of the major U.S. stock indexes also reported a second consecutive monthly decline. According to the pros on Wall Street, uncertainty is ruling the markets. That said, some strategists… Source link
Read More »The secret to making better investment moves when markets are in turmoil: Morning Brief
TipRanks Wells Fargo: 3 Stocks to Snap up Now Wall Street hit some rough waters last week. With the Presidential elections only two days away, spiking COVID-19 numbers and hopes for a pre-election stimulus package dwindling, stocks posted their worst week since the height of the pandemic in March. All three of the major U.S. stock indexes also reported a second consecutive monthly decline. According to the pros on Wall Street, uncertainty is ruling the markets. That said, some strategists… Source link
Read More »Yahoo Finance All Markets Summit: Road to Recovery
The Daily Beast This Printer Was the Best Decision I Made in 2020 I live in a New York City apartment which means space is limited, to say the least. There are some things you don’t need (like the largest size Instant Pot), there are some you definitely need (like cleaning supplies), and there are some things you kinda sorta maybe need, like a printer.. Cut to: me in a panic over how I’m going to print and mail my voter registration. Or that time I needed to file a health insurance claim…. Source link
Read More »Yahoo Finance All Markets Summit: Road to Recovery
Yahoo Finance presents the All Markets Summit: Road to Recovery, a fully virtual event anchored from the Nasdaq in New York’s Times Square. We have an all-star lineup bringing together leaders in business, academia, government, philanthropy, and a host of influencers who are building and refining new relationships in a time of profound generational, cultural, and economic change. See below for today’s agenda. All times ET. NASDAQ president and CEO Adena Friedman participates in the Yahoo… Source link
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