Weekly jobless claims rise in line with estimates Moderna and Pfizer in place as FDA clears updated COVID boosters Exxon climbs after strengthening its buyback program Indices up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec 8 (Reuters) – The S&P 500 (.SPX) ended higher on Thursday, ending a five-game losing streak as investors interpreted data …
Weekly jobless claims rise by 4,000 to 230,000 Continuing claims rise by 62,000 to 1.671 million WASHINGTON, Dec 8 (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week, indicating a still tight and strong labor market despite growing fears of a recession as the Reserve federal government is …
US labor market remains tight despite continued claims hitting 10-month high Read More »
Midterm elections, like the one we just had on Nov. 7, tend to have a predictable impact on the stock market. Stocks tend to sell off and volatility increases before the vote, then the market generally calms down and rebounds in the months that follow and in the first half of the following year. Did …
What does the stock market have in store after the midterm elections? Read More »
Bear markets, like the one in 2022, usually leave little hiding place for investors. Most stocks are priced on some level of growth, and therefore when fear of a recession or rising interest rates arises, most stocks fall. However, some stocks provide a diversification effect on one’s portfolio, in that they tend to separate themselves …
3 Dividend Stocks with Low Volatility and Above-Average Returns Read More »
Alameda Research has been allowed to exceed normal borrowing limits on the FTX exchange since its inception, Sam Bankman-Fried says, in a concession that illustrates how the former billionaire’s trade shop was given preferential treatment compared to customers years before the 2022 crypto crisis. In an interview with the Financial Times, the 30-year-old described the …
Sam Bankman-Fried’s trade store has been getting special treatment on FTX for years Read More »
