Tag Archives: stimulus

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

A now President-elect Joe Biden is known in D.C. circles as a consummate dealmaker, the throwback politician with the unique ability to lend an olive branch to those VIPs in the Republican Party. Biden’s dealmaking prowess will be put to an early test amid renewed stimulus talks during the transition period to the White House and then ultimately, once he occupies the Oval Office. Strategists up and down Wall Street are placing their chips on Biden — probably dealing with a… Source link

TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 9% Markets have shown two themes in recent weeks, a combination of uncertainty and an upward trend. Day to day, it’s impossible to predict just what will happen, but the larger scale movement has been upwards. Looking ahead, all we know is that current events will reinforce the uncertainty.Earnings season has started. As the market’s publicly traded companies report their Q3 results, we’ll get a clearer idea as the nature of… Source link

Here’s what you need to know: Speaker Nancy Pelosi at the Capitol on Sunday.Credit…Stefani Reynolds for The New York Times Senator Mitch McConnell, Republican of Kentucky and the majority leader, told Republican senators privately on Tuesday that he has advised the White House not to strike a deal with Speaker Nancy Pelosi on a new stimulus bill before Election Day, cautioning against reaching an agreement that most in the party cannot accept. Mr. McConnell’s counsel, confirmed by three… Source link

TipRanks 3 Monster Growth Stocks That Could Reach New Highs Out on Wall Street, things are always changing. Share prices fluctuate, new players make their market debuts, the macro environment gets shaken up and long-term trends shift. That said, one thing remains the same: growth is the name of the game. Growth stocks consistently score a spot on investors’ wish lists, given their potential to deliver returns. This growth potential goes above and beyond the norm, as these plays have already… Source link

(Bloomberg) — U.S. stocks extended their July rally amid a surge in technology shares and on news the White House and Democrats are planning to meet Saturday to discuss the next virus-relief package. Chief of Staff Mark Meadows said the administration is willing to compromise while House Speaker Nancy Pelosi noted Republicans didn’t have the votes to extend the $600 per week unemployment benefit that’s propped up incomes and spending. The Nasdaq 100 outperformed on solid earnings from… Source link

Stock market news live updates: Stock futures little changed with earnings, stimulus talks ahead S&P Futures 3,211.25 +7.25 (+0.23%)   Dow Futures 26,402.00 +80.00 (+0.30%)   Nasdaq Futures 10,489.75 +30.75 (+0.29%)   Russell 2000 Futures 1,466.00 +3.60 (+0.25%)   Crude Oil 41.24 -0.05 (-0.12%)   Gold 1,912.80 +15.30 (+0.81%)   Silver 23.33 +0.48 (+2.08%)   EUR/USD 1.1671 +0.0019 (+0.16%)   10-Yr Bond 0.5890 +0.0070 (+1.20%)   GBP/USD 1.2807 +0.0006 (+0.05%)   USD/JPY 106.0150 -0.1070 (-0.10%)   BTC-USD 9,929.45 +22.23