Skip the U.S. Stock Market

The U.S. stock market is showing weakening momentum as investment firms shift their focus to Asian stocks and markets. On October 6, U.S. President Donald Trump officially ended stimulus talks until the election occurs. The fear of no stimulus and limited direct fiscal support has rattled the markets. Credit Suisse, Invesco, Nikko Asset Management, and …

Here’s How Much the S&P 500 Can Fall Without Immediate Stimulus Relief

President Trump said Tuesday he’ll delay stimulus talks until after the election, sending stocks lower. BTIG says the S&P 500 could fall at least another 7% without a stimulus bill. Trump signaled support for some stimulus relief on Tuesday night. President Donald Trump announced Tuesday that he was halting stimulus talks until after the election, …

Dow Recovers After Brutal Slide as Trump Backtracks on Covid-19 Relief

Dow Recovers After Brutal Slide as Trump Backtracks on Covid-19 Relief CCN – Capital & Celeb News – The Dow Jones Industrial Average rebounded sharply on Wednesday after President Trump reignited stimulus hopes in the lead up to the election. Dow Recovers After Brutal Slide as Trump Backtracks on Covid-19 Relief CCN – Capital & …

The U.S. Stock Market Has a New Threat: ‘All-Out Cold War’

The U.S. stock market faces gloomy prospects as U.S.-China relations worsen. Strategists warn that the U.S. and China face an “all-out cold war,” as the dispute between the two countries intensifies. Equities remain vulnerable heading into Q4 without stimulus and clarity on vaccines. The U.S. stock market faces a new threat in the fourth quarter …

Dow Skyrockets Following Chaotic Presidential Debate

The Dow Jones Industrial Average surged by as much as 260 points Wednesday. The first U.S. presidential debate Tuesday night highlighted the risk of a contested election in November, as President Trump reiterated his opposition to vote-by-mail. Private-sector employers added 749,000 workers to payrolls in September, according to ADP data. The Dow and broader U.S. …

Goldman Sachs Diffuses Fears of November S&P 500 Volatility Bomb

Goldman Sachs strategists believe the markets might be overestimating the risks from the November presidential election. While some analysts anticipate massive volatility spikes after the election, Goldman said S&P 500 would be able to gauge the winner. The confluence of surging COVID-19 cases and the uncertainty around the election are causing market stagnation. Investors widely …

Even the Fed’s Desperate Reassurance Isn’t Saving the Nasdaq Correction

Fed Vice Chair Richard Clarida said the central bank would retain low interest rates and let inflation run higher than 2% at times. The Fed’s reassurance isn’t helping the Nasdaq, which has declined by 11.8% since September 2. Investors remain rattled by the pandemic-induced correction despite the Fed’s dovish stance. Federal Reserve Vice Chairman Richard …