Market volatility will continue in 2022: Market expert Blue Line Capital President Bill Baruch discusses Fed rate hikes and how to hedge against inflation. U.S. futures traded higher on Friday morning ahead of earnings season for the big banks. The major futures indexes suggest gains of 0.3% when the final trading day of the week gets underway. GET FOX BUSINESS […]
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FILE PHOTO: The Grupo Sura logo can be seen at its headquarters in Medellin, Colombia February 27, 2018. REUTERS/Fredy BuilesBOGOTA (Reuters) – Colombian financial conglomerate Grupo Gilinski has launched an offer to buy more shares in Grupo SURA after becoming the second biggest shareholder in the country’s holding company, the financial regulator and Colombian stock exchange said. If the bid […]
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(Reuters) -A safety panel of the European drug regulator on Friday recommended adding a rare spinal inflammation called transverse myelitis as a side effect of AstraZeneca’s COVID-19 vaccine.FILE PHOTO: A healthcare worker holds a vial of the AstraZeneca/Oxford University COVID-19 vaccine at the Pentland Medical Practice in Currie, Scotland, Britain, January 7, 2021. REUTERS/Russell Cheyne/PoolThe vaccine has faced several setbacks, […]
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge purchase on Wednesday. Specifically, this fund bought over 625,000 shares of Palantir Technologies Inc. (NASDAQ: PLTR), as the price of this ETF was down on the day. Note that it is down a fair amount in the past year. ARK Innovation ETF (NYSEARCA: ARKK) picked up […]
Read moreFed’s Jerome Powell under building pressure to raise rates: DiMartino Booth Quill Intelligence LLC. CEO Danielle DiMartino Booth weighs in on record-high inflation and the impact on real wages. U.S. equity futures were trading modestly higher ahead of the release of key economic data. The major futures indexes suggested a gain of 0.1% for stocks when trading begins on Wall […]
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All three major U.S. stock indexes were holding on to slim gains in the noon hour Wednesday, after bouncing off mid-morning drops into the red. Trading volume was below average, and decliners outnumbered advancers, while the ratio of new highs to new lows tilted slightly to the winners on the New York Stock Exchange and slightly to the losers on […]
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MOSCOW (Reuters) -Russia staged live-fire exercises with troops and tanks near the Ukrainian border on Tuesday while sounding a downbeat note over the prospects for talks with the United States that Washington hopes will remove the possible threat of an invasion of Ukraine.U.S. Deputy Secretary of State Wendy Sherman and Russian Deputy Foreign Minister Sergei Ryabkov attend security talks at […]
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Last week, and once again on Monday, investors showed a large degree of risk-off panic as the Treasury market saw some serious selling and interest rates went higher across all maturities. Still, rates are historically very low, and the spread between the five-year and the 30-year bonds is a paltry 57 basis points. Nevertheless, investors are scared, and the sellers […]
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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business)Looming interest rate hikes are slamming US tech stocks, which dropped sharply last week as investors reassessed how higher borrowing costs […]
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