Today’s Stock Market News – Economic Calendar

⇑⇓ Stock Market News Today – Business & Financial News ⇓⇑ The last full trading week of 2019 looks set to be an exciting one with the trade roller-coaster still not over despite the announcement of a “phase-one” deal between the U.S. and China. The Brexit process could finally get underway after a landslide victory […]

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China Suspends Planned Tariffs Scheduled For Dec. 15

⇑⇓ StockMarketNews.Today – Stock Market News Today ⇓⇑ China has suspended additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies agreed a “phase one” trade deal on Friday. The deal, rumors and leaks over […]

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The New Trade Deal Could Help Boost The Global Economy Next Year

Expulsions: Brutality and Complexity in the Global Economy Soaring income inequality and unemployment, expanding populations of the displaced and imprisoned, accelerating destruction of land and water bodies: today’s socioeconomic and environmental dislocations cannot be fully understood in the usual terms of poverty and injustice, according to Saskia Sassen. They are more accurately understood as a […]

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Fed Holds Rates Steady

⇑⇓ Today’s Stock Market Quotes ⇓⇑ The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year’s presidential election. The decision by the U.S. central bank‘s rate-setting committee left the benchmark overnight lending rate in […]

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Diamond Crisis Gets Worse For Global Giant De Beers

The diamond industry is in crisis as De Beers’s buyers grow increasingly frustrated with the cost of rough stones as the price of polished gems slump. That’s led to wafer-thin margins and losses for some of the traders that buy stones from De Beers and Russian rival Alrosa PJSC. De Beers sales so far this […]

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U.S. Consumer Inflation Expectations Rebound From Five-Year Low

⇑⇓ Today’s Stock Market Quotes ⇓⇑ U.S. consumers’ inflation expectations rose slightly in November, bringing the outlook for near and medium-term inflation up from a five-year low in a New York Federal Reserve survey, potentially offering relief to policymakers worried about sagging inflation. The median outlook for what inflation will be over the next three years rose […]

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Best Stock Market Books For Beginners {2020}

Best Stock Market Books For Beginners {2020} Amazon #1 – The Intelligent Investor. (Revised Edition) This classic text is annotated to update Graham’s timeless wisdom for today’s market conditions… The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham’s philosophy of “value investing” — which shields investors from substantial […]

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Economic Calendar

Here’s what you need to know to start your week. ⇑⇓ Today’s Stock Market Quotes ⇓⇑ Fed Decision The Fed is expected to hold steady at the conclusion of its meeting on Wednesday after cutting rates three times this year to shield the U.S. economy from a global slowdown. Friday’s far stronger-than-expected U.S. jobs report reinforced expectations […]

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Stocks To Buy Today {2020}

Soon, 2019 will be over… therefore it’s time to start looking at some of the top stocks to buy for 2020. ⇑⇓ Today’s Stock Market Quotes ⇓⇑ United Technologies (UTX). Following a strategic review, the company decided it would spin off its Otis elevator and Carrier heating/air conditioning businesses. Once the transactions are completed (expected sometime during […]

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Solid Economic Data

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Investors pushed up the value of risk assets on the assumption that the American economy isn’t close to signaling a recession. Stocks rallied as strong jobs and consumer sentiment reports bolstered confidence in the world’s largest economy. Treasuries fell. The S&P 500 extended gains into a third day after data showed […]

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China: “Tariffs Must Be Reduced“

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Asian nation’s commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal. “The Chinese side believes that if the two […]

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UniCredit To Cut 8,000 Jobs

UniCredit intends to cut roughly 8,000 jobs, or around 9% of total workforce, and close about 500 branches through 2023 as it targets gross savings of €1 billion in Western Europe. Its plan offers an insight into the headwinds facing Europe’s largest lenders, as low rates, stringent regulation and greater competition from U.S. rivals dent […]

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Stocks Fall on Manufacturing Report

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Monday’s moves were a step back for stocks after they closed out their best month since June. The market has climbed to fresh highs in recent weeks, buoyed by data showing the U.S. service sector on solid footing. But lingering uncertainty over trade policy and signs of weakening in the industrial […]

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Uber Loses License to Operate in London

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Uber can continue to operate in the city through an appeals process that could take months. Still, the public reproach over a loophole in Uber’s software threatens to further shake trust in the platform here and elsewhere. Uber has long found itself in the crosshairs of authorities around the world over […]

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Investors Bet on Volatility Comeback in 2020

⇑⇓ Today’s Stock Market Quotes ⇓⇑ A better-than-feared corporate earnings season and swinging sentiment on U.S. and China trade talks have helped lift stocks to fresh records in recent weeks, pushing volatility lower. A number of factors make next year’s outlook rockier, leading some investors to pay up for hedges that would protect against a downturn well […]

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Disappointing Retail Earnings

◊ Today’s Stock Market Quotes ◊ U.S. stocks eased off their record pace Tuesday after a round of weak earnings reports from retailers. The Dow Jones industrial Average fell 0.1% to 28013. The S&P 500 dropped less than 0.1%, and the Nasdaq Composite gained 0.1%. All three indexes closed at record levels Monday. U.S. stocks […]

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Financial Markets – Top 5 Things to Watch This Week

◊ Financial Market News Today ◊ Here’s what you need to know to start your week. 1. Central Banks In Focus On Wednesday the Fed is to publish the minutes from its October meeting, when it indicated that its easing plans were now on hold after three consecutive rate cuts. The U.S. central bank has […]

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Saudi Aramco Valuation Set At Up To $1.7 Trillion

◊ Stock Market News ( Today – 17/11/2019 ) ◊ Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7 trillion, below the $2 trillion the Saudi crown prince had targeted but still making it potentially the world’s biggest IPO. Aramco said on […]

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Wall Street Rises on Upbeat Trade News

◊ Stock Market News ( Today – 15/11/2019 ) ◊ Wall Street rose on Friday, as investors turned optimistic on upbeat comments on the U.S.-China trade front. The Dow was up 85 points or 0.3% by 9:48 AM ET (13:48 GMT), while the S&P 500 gained 10 points or 0.3% and the Nasdaq composite rose […]

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U.S. Retail Sales Rebound

U.S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing, which could temper expectations for a strong holiday shopping season. The Commerce Department said on Friday retail sales increased 0.3% last month, lifted by motor vehicle purchases and higher gasoline prices, reversing September’s unrevised 0.3% drop, which […]

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Google Plans To Partner With Banks To Offer Checking Accounts

Google will soon offer checking accounts to consumers. The project, code-named Cache, is expected to launch next year with accounts run by Citigroup Inc. and a credit union at Stanford University, a tiny lender in Google’s backyard. Big tech companies see financial services as a way to get closer to users and glean valuable data. […]

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Financial Markets News For This Week

◊ 5 Things To Know Before The Stock Market Opens ◊ 1. Trump to Speak at Economic Club of New York On Tuesday, Trump will deliver remarks at the Economic Club of New York with markets hoping for more clarity on a planned “phase one” deal. Trump on Friday said he has not agreed to […]

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Aramco Kick-Started Its Initial Public Offering (IPO)

◊ Aramco IPO ◊ Saudi Arabia’s state oil company kick-started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic bourse as the kingdom seeks to diversify and create the world’s most valuable listed company. Aramco did not give a time frame or say how much of the company it […]

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Better-Than-Expected Earnings Ease Growth Fears

◊ Stock Market Earnings Season ◊ Although earnings are on track to decline for the third consecutive quarter, about 75% of the 342 companies in the S&P 500 that have posted results through Thursday morning have beaten expectations, according to FactSet. That is slightly above the five-year average of 72%. Dozens of companies report through […]

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Apple Revenue Rises

◊ Apple Stock Rises ◊ Apple Inc. reported revenue rose 1.8% in the September quarter to $64.04 billion behind a rise in sales of wearables and services such as apps, streaming-music subscriptions and mobile payments. Those gains helped offset a 9.2% decline in iPhone sales during the period. Profit fell 3% to $13.69 billion. That […]

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Fca-Psa Merger – Talks in Progress

◊ Fca Psa Merger Talks ◊ Sometimes they come back. Fca has resumed flirting with the French group Psa. After the rumors of ongoing contacts between the two groups, an official note confirms ongoing negotiations. Fiat Chrysler shares rose sharply after news of the talks and ended up more than 7.5% in U.S. trading. Investors […]

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EIA: Oil Markets Could Face Oversupply in 2020

◊ Oil Markets ◊ Oil markets are expected to face excess supplies in 2020 due to a production boost amid weak demand growth, the director for energy markets and security at the International Energy Agency said Tuesday. “Overall, we will continue to see a well supplied market in 2020,” said Keisuke Sadamori at the Singapore […]

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S&P 500 Hits a New High

◊ S&P 500 New Record high ◊ The S&P 500 set a new intraday high Monday to kick off a busy week featuring a flurry of corporate earnings, a Federal Reserve meeting and the October jobs report. The index climbed 0.6% to 3039.91, passing its previous record of 3027.98 from July 26. The Dow Jones […]

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