(Bloomberg) — India’s day traders are strapping in for the GameStop Corp. ride that’s taken equity markets by storm. The videogame retailer was among the five most-traded names over the past week on Stockal, a platform for Indian retail investors to trade U.S. equities. GameStop accounted for about 15% of all trades on the platform, co-founder and co-chief executive officer Sitashwa Srivastava said in an interview. “We were not expecting Indians would be on Reddit, reading about… Source link
Read More »Stock futures rise as traders await Fed decision, Microsoft jumps after earnings
Stock futures opened slightly higher on Tuesday investors awaited another batch of corporate earnings results and the Federal Open Market Committee’s (FOMC) January monetary policy decision. S&P 500 futures traded higher by about 0.2% as the overnight session kicked off, holding near the index’s all-time high. Contracts on both the Nasdaq and Dow also increased. Late Tuesday, shares of heavily weighted tech stock Microsoft (MSFT) jumped after the company posted fiscal second quarter… Source link
Read More »Stock futures rise as lawmakers press ahead with stimulus talks, traders await Fed
Stock futures rose Wednesday morning, pointing to another session of gains as investors considered lawmakers’ final efforts to get a stimulus package through before year-end, and awaited the Federal Open Market Committee’s December monetary policy decision. Contracts on all three major indices headed toward a higher open, but came off overnight session highs after a much weaker-than-expected print on November retail sales, which showed a sharper drop in consumer spending than anticipated… Source link
Read More »Stock futures rise as traders eye virus spread
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
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