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Tag: trading


Finance Tech, Trading

How major US stock indexes fared Tuesday

August 3, 2021

Via: ABC News

Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the […]


Finance Tech, Trading

Investors should sell stocks and raise cash as bearish indicators pile-up for the S&P 500, BofA says

July 29, 2021

Via: Markets Insider

Investors should take advantage of any strength in the S&P 500 and sell stocks to raise cash as bearish indicators begin to pile up, Bank of America said in a note on Tuesday. The bank points to negative divergences and […]


Finance Tech, Mobile Banking & Payments

Bank Collaborations Key To Faster Payment Initiatives

July 28, 2021

Via: PYMNTS.com

SWIFT’s latest product launch signals its continued efforts to accelerate and boost transparency in global B2B payments. But it’s also a reflection of the importance of industry collaboration between banks and FinTech innovators, with traditional financial institutions (FIs) often an […]


News

How major US stock indexes fared Tuesday

July 27, 2021

Via: ABC News

Stocks closed lower on Wall Street Tuesday, pulling major indexes back slightly from the records they set a day earlier. Weakness in big technology companies was the biggest factor. Markets have been choppy as investors try to get a clearer […]


Financial Services, Trading

Global markets sink ahead of Fed update on economy

July 27, 2021

Via: ABC News

Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down. London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced. On Monday, […]


Finance Tech, Trading

Stocks open higher on Wall Street, on track for weekly gain

July 23, 2021

Via: ABC News

Stocks rose in early trading on Wall Street Friday and put the major indexes on track for a strong finish in a week that opened with a stumble. The S&P 500 index rose 0.4% as of 10:02 a.m. Eastern time […]


News

Bend Financial Meets HSA Investing Surge with Expanded, Fully Integrated Investment Offering

July 15, 2021

Via: Markets Insider

Bend Financial (Bend), an industry-leading health savings account (HSA) provider, today announced the expansion of its HSA investment platform to now include a fully integrated investment offering that provides HSA investors seamless access to fractional trading, multiple investment models, exchange-traded […]


Finance Tech, Trading

State Auto Triples on Pact to Be Acquired by Liberty Mutual

July 12, 2021

Via: TheStreet

State Auto Financial (STFC) – Get Report shares on Monday went gangbusters after the auto insurer agreed to be acquired by insurer Liberty Mutual for $52 a share. That would value State Auto, Columbus, Ohio, at about $2.3 billion, judging […]


Finance Tech, Trading

Carver Bancorp Triples in Apparent Meme Stock Boost

July 8, 2021

Via: TheStreet

Carver Bancorp (CARV) – Get Report more than tripled on Thursday as one of the country’s oldest and largest African-American-backed financial institutions caught the attention of retail traders. Shares of the New York company at last check were trading at […]


Energy, Industries

Oil Price Rebound Emerges as US Inventories Contract for Eighth Week

July 8, 2021

Via: DailyFX

The price of oil extends the rebound from the weekly low ($70.76) as US inventories contract for eight consecutive weeks, but recent price action warns of a larger correction in crude as it extends the series of lower highs and […]