Jobs report, Trump’s tax bill and trade deals drive stocks: Live Updates
Stocks closed higher on Thursday in a holiday-shortened trading session following the release of the June jobs report.
The Dow Jones Industrial Average climbed 344.11 points, or 0.77%, while the S&P 500 and Nasdaq Composite hit new records, rising 0.83% and 1.02%, respectively.
The U.S.
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Read MoreHacker stole cryptocurrency worth $250,000 using fake Trump inauguration emails
06:28 pm
What’s the story
A hacker has been accused of using fake Donald Trump inauguration emails to defraud a cryptocurrency investor of over $250,000.
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Read MoreJane Street Stepping Back Could Affect Retail Trading Activity; Contributes 50% Of Options Trading Volumes
New Delhi :Zerodha founder and CEO Nithin Kamath has cautioned that retail trading activity could be impacted if proprietary trading firms like Jane Street, which contribute nearly 50 per cent of …
Read MoreNvidia stock is on a tear. This ‘next big thing’ can drive more gains.
Nvidia stock has been a gift that keeps on giving for investors in recent years—and robots are the sort of underrated attraction that could keep the rally going.
The shares rose 1.3% Thursday, giving the company a market capitalization of $3.89 trillion—just short of the record $3.195 trillion market cap reached by Apple on Dec.26,
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Read MoreWall Street waves off Trump's 200% pharma tariff threat
Large pharmaceutical stocks and funds are trading flat or up slightly Wednesday, sending a clear signal after President Trump’s threat Tuesday to leverage as much as 200% tariffs on pharma.
“We’ll be announcing something very soon on pharmaceuticals. We’re going to give people about a year, a year and a half to come in ,and after that they’re going to be tariffed …
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Read MoreThe Burst
Market Commentary: Roku, The Future of Streaming
Roku (NASDAQ: ROKU) has been on a growth tear in recent years, with revenue and active accounts growing rapidly. Indeed over the past 5 years, through thick and thin economically, the company has grown its top line. This growth has been driven by the increasing popularity of streaming services, as well as Roku’s strong brand and user experience.
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Read MoreThe Ivy
Why Gold Is Soaring
The problem with thinking is the risk of overthinking. At least that’s the case when it comes to gold. A few weeks ago when gold broke out, some traders were paralyzed by analytical disbelief. How could gold break out now?
Traditional analysis says quantitative easing and increased money supply should lead to higher gold prices.
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