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Tag Archives: Markets

Tech’s impact on markets is eclipsing the dot-com bubble peak

Tech companies will end the year with their largest share of the stock market ever, a high point in the dot-com era. This shows the latest example of their growing influence on global consumers. Companies that do everything from making phones to operating social media platforms now make up nearly 40% of the S&P 500, up from a record 37% …

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Dow futures are falling as markets continue to focus on stimuli

The Friday market minute Global stocks are mixing up as markets continue to focus on worrying spike in coronavirus infections in Europe and the lack of a new fiscal stimulus agreement from Washington. U.S. stocks will attempt a three-day losing streak while lawmakers haggle over new coronavirus relief law, but hopes for a pre-election deal fade amid Republican fighting. The …

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Pope Francis echoes Warren Buffett in a letter in which he blames free markets for increasing inequality

Getty Images / Drew Angerer Pope Francis followed Warren Buffett in arguing that free markets cannot address growing inequality in a letter to the bishops of the Catholic Church on Sunday. The Pope said “magic theories” like the trickle-down economy would not solve all of society’s problems. Buffett argued earlier this year that markets reward some skills but not others, …

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Global stocks rise as a sign of Trump’s improving health calming markets

TOKYO (Reuters) – Stock markets rose Monday in hopes that President Donald Trump could be discharged from the hospital later that day to ease the political uncertainty that rocked global stock markets in the last session. FILE PHOTO: People are reflected on a glass in front of a large screen showing stock prices on the Tokyo Stock Exchange after the …

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Global stocks rise as a sign of Trump’s improving health calming markets

TOKYO (Reuters) – Stock markets rose Monday in hopes that President Donald Trump could be discharged from the hospital later that day to ease the political uncertainty that rocked global stock markets in the last session. FILE PHOTO: People are reflected on a glass in front of a large screen showing stock prices on the Tokyo Stock Exchange after the …

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Global Markets Pull Back After Trump Tests Positive For Covid-19 – Business Live | business

About half of the jobs lost in the US in the first few months after the coronavirus outbreak have now been restored. However, the recovery in the US labor market has been mixed and benefited white men disproportionately, while young people, women, Latinos, and black Americans continued to struggle to make up lost ground. My colleagues Dominic Rushe and Michael …

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Markets track profits on Wall Street

LONDON – European stocks rose Thursday morning, tracking gains on Wall Street in the previous session. The pan-European Stoxx 600 rose 0.6% in early trading and retail stocks rose 1.6% to generate gains as all sectors and major exchanges entered positive territory. Sentiment in European markets follows a trend in the US, where stock futures rose slightly in overnight trading …

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Why billionaire Leon Cooperman says there are “three stock markets” warns of the dangers of FAANG stocks

These Estonian triplets made history at the Rio Olympics. Billionaire Leon Cooperman says there are currently not one, but actually three stock markets. marko mumm / Agence France-Presse / Getty Images Leon Cooperman, the 77-year-old billionaire director of the Omega Advisers hedge fund, has a lot of thoughts on the stock market. Or, as he says, three stock markets. The …

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