US Stocks Rise as Market Heads for Fifth Gain in a Row
Some U.S. stocks rose Friday morning as the market heads for its fifth gain in a row.
Two of the three major stock market indexes, which measure how stocks perform, increased Friday morning while the Nasdaq composite was down.
The S&P 500 was up 0.1 percent and the Dow Jones Industrial Average rose 233 points (0.5 percent).
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Read MoreS&P 500 Faces Volatile 2025 As 'Inflation Boom' Could Return: Bank Of America Strategist
The S&P 500 index is wrapping up a historic two-year run of consecutive over 20% gains, a feat achieved only four times in the past 150 years. Yet, Michael Hartnett, chief investment strategist at Bank of America, says the party may not last forever.
According to Hartnett’s latest Flow Show report,
The Global Economic Impact Of The US Election
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Read MoreWall Street rises with Nvidia as bitcoin bursts above $99,000
NEW YORK — U.S. stocks climbed Thursday after market superstar Nvidia and other companies said they’re making even fatter profits than expected.
The Standard & Poor’s 500 closed 0.5% higher after flipping between gains and losses several times during Thursday trading. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way,
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Read MoreBuffett’s $499b cash hoard is an early warning signal
Berkshire Hathaway reported its stock holdings last week — a widely anticipated quarterly update of Warren Buffett’s latest trades. There were some notable ones, including the addition of Domino’s Pizza to Berkshire’s portfolio and more trimming of its stake in Apple.
But those moves have been overshadowed by Berkshire’s $US325 billion ($499 billion) cash hoard,
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Read MoreThe Burst
3 Ways To Protect Against a Market CRASH
With news coming out that Buffett has lightened up on Bank of America, a core holding since 2011, in addition to his sales earlier in the year of his largest equity holding, Apple, concerns are rising that the Oracle of Omaha is reading the tea leaves and seeing gloom on the horizon.
That’s not a surprise given that the so-called Buffett Indicator,
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Read MoreThe Ivy
1 Stock To Survive Any Market
Amid increasing uncertainty, investing in an industry resilient to economic downturn, such as the automotive sector, might be wise. The sector has shown enduring strength over time and typically bounces back from periods of economic downturn. Its strength is predicted to continue, and it is ready for progress and invention until 2035.
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Read MoreThe Spotlight
Why This Doctor Invests In Tesla Weekly?
I met a doctor recently who has been buying up as much Tesla as he can get his hands on. Remarkably he told me that he buys shares of Tesla every single week, accumulating as big a position as he possibly can.
In light of Tesla shares falling this past week after Musk made some almost outlandish predictions –
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