Tag Archives: Record

Stocks were mixed Tuesday as investors weighed ongoing virus concerns against lawmakers’ approval of a long-awaited virus relief package, offering funds to help support many of the individuals and businesses hardest-hit by the coronavirus pandemic. The Dow fell more than 200 points, or 0.7%, and the S&P 500 also ticked lower. The Nasdaq rose 0.5% to a record closing high. A day earlier, the Dow had shed more than 400 points, or 1.4%, before recovering losses to end slightly higher during a… Source link

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window) * Quadruple witching could push up volumes, volatility * All three major indexes set for weekly gains * Retail stocks gain on prospect of strong holiday demand * Tesla rises in high-volume trade * Indexes down: Dow 0.26%, S&P 0.29%, Nasdaq 0.07% (Updates to market open) By Ambar Warrick and Shreyashi Sanyal Dec 18 (Reuters) – Wall Street retreated from record highs on Friday as a coronavirus stimulus deal remained in… Source link

TipRanks Billionaire Ray Dalio Picks Up These 3 “Strong Buy” Stocks Sometimes, the experts will tell us what we already know. Ray Dalio, the founder of Bridgewater Associates, has built a legendary reputation in financial circles, for taking his firm from a home business in his two-bedroom apartment to the international hedge fund giant, employing over 1,500 people and managing more than $138 billion in total assets. But when questioned on how he did it, or how today’s investors can… Source link

The most expensive high school basketball jersey ever sold at auction doesn’t belong to Michael Jordan. Or LeBron James. Kobe Bryant? Larry Bird? Kareem Abdul-Jabbar? None of the above. No, the most expensive high school basketball jersey reportedly comes from a man who logged zero NBA minutes in his basketball career: Barack Obama. The Punahou School jersey of the 44th President of the United States sold for a whopping $192,000 at auction on Friday. According to seller Julien’s Auctions,… Source link

Colin Kaepernick may be years removed from his last game in the NFL, but he remains among the most famous football players in the world. Especially at the auction house, apparently. The San Francisco 49ers jersey worn by Kaepernick in his NFL debut on Oct. 2, 2011 sold for $128,000 on Friday, according to Reuters. The auction house, Julien’s Auctions, reportedly claims the sum makes Kaepernick’s jersey the most expensive NFL jersey ever sold at auction. SOLD for $128,000! The 49ers jersey… Source link

Wall Street opened higher on Friday, with stocks aiming to re-test the week’s records in thin, post-Thanksgiving trading, as hopes for a COVID-19 vaccine momentarily counterbalance soaring infection rates. The New York Stock Exchange will end the trading day at 1p.m. Eastern. Stocks are consolidated their gains after the Dow Jones Industrial Average was catapulted above 30,000 for the first time ever on Tuesday, with an increasing number of investors encouraged by expectations that a… Source link

National Review Obama Claims Evangelical Latinos Disregarded Trump’s Racism Because of Views on ‘Abortion,’ ‘Gay Marriage’ Former President Obama claimed on Wednesday that evangelical Latino voters chose President Trump over Joe Biden because Trump backs their views on abortion and gay marriage.While Trump lost the 2020 election, he gained support among Latino voters according to exit polls and voting data in counties with large Hispanic populations. For example, in 93-percent… Source link

Federal antitrust charges against Alphabet Inc.’s Google; advertiser and user boycotts of Facebook Inc.; increasing scrutiny of Apple Inc. and Amazon.com Inc. by the news media and government regulators — all in the middle of a pandemic. Yet, when Big Tech reported earnings en masse Thursday, most of the effects felt by those companies appeared to be positive: Amazon AMZN, +1.52%, Apple AAPL, +3.70%, Facebook FB,

U.S. economic activity likely surged at a record clip for the July through September period, as an initial easing of virus-related lockdowns allowed business activity to return after a historic slump. The Bureau of Economic Analysis is set to release its advance print on third-quarter gross domestic product (GDP) at 8:30 a.m. ET on Thursday. Here are the main metrics expected from the report, compared to consensus estimates compiled by Bloomberg: 3Q GDP, annualized quarter-over-quarter: 32.0%… Source link

Sundar Pichai, chief executive of Alphabet, Google’s parent company, is a mild-mannered software engineer who is not good at games of verbal fisticuffs with US politicians. He received a drubbing last month during the “big tech” congressional hearing. Pichai can, however, summon lawyers and lobbyists galore as soon as the game gets more serious, which it definitely has. The US Department of Justice (DoJ) last week launched a huge and historic antitrust case against Google, accusing the… Source link