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Tag: trading


News, Trading, Uncategorized

Tesla slips after Elon Musk announced lower-cost Model 3 (TSLA)

October 19, 2018

Via: Business Insider

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]


News, Trading, Uncategorized

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

October 18, 2018

Via: CNBC Finance

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR and lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts […]


Industries, Others, Uncategorized

This Is What the Fastest Growing Emerging Economies Have in Common

October 17, 2018

Via: Fortune

By 2030, emerging markets will account for 62% of total growth in global consumption, the equivalent of $15.5 trillion in spending. But some countries are developing more quickly than others. Anu Madgavkar, a partner at McKinsey Global Institute, the business […]


Trading

US stock indexes fall further as technology slump continues

October 15, 2018

Via: ABC News

U.S. stocks are mixed Monday as technology companies continue to slump and the Commerce Department said retail sales remained sluggish in September. The S&P 500 and other major U.S. indexes are coming off their worst week since late March as […]


Finance Tech, Trading

Europe stocks slump to their lowest level in 20 months as Wall Street sell-off grips global markets

October 11, 2018

Via: CNBC

European markets were sharply lower Thursday morning, following steep losses in the U.S. overnight amid fears over rapidly rising interest rates and an expected slowdown in global growth. The pan-European Stoxx 600 was down by 1.8 percent during mid-morning deals, […]


Finance Tech, Trading

Gold prices slip, nicked by rising dollar, bond yields

October 10, 2018

Via: Market Watch

Gold futures prices slipped Wednesday as elevated bond yields hovered near their steepest since 2011 and the dollar index traded slightly higher. December gold GCZ8, -0.14% was down $1.20, or 0.1%, at $1,190.30 an ounce, nearing a revisit of the […]


Finance Tech, Trading

Global shares mixed in muted trading amid growth fears

October 10, 2018

Via: ABC News

Global shares were mixed in muted trading Wednesday amid continuing worries about trade tensions and slowing global economic growth. KEEPING SCORE: France’s CAC 40 shed 0.5 percent in early trading to 5,292.91, while Germany’s DAX fell nearly 0.3 percent at […]


Finance Tech, Trading

World stocks mixed after IMF trims economic outlook

October 9, 2018

Via: ABC News

European and Asian markets are mixed after the International Monetary Fund lowered its outlook for the world economy, citing the impact of rising interest rates and trade tensions. KEEPING SCORE: Germany’s DAX lost 0.1 percent to 11,930.66 while the CAC […]


News

Booming US economy may soon be the ‘strongest since 1999’, Kevin Warsh says

October 5, 2018

Via: CNBC Economy

President Donald Trump’s corporate tax cut and his business deregulation efforts are not just an economic “sugar high,” former Federal Reserve governor Kevin Warsh argued on CNBC Thursday. Most economists “never thought the economy could grow this fast,” said Warsh, […]


Finance Tech, Trading

Asian shares turn lower after strong day on Wall Street

October 4, 2018

Via: ABC News

European shares followed Asian markets lower Thursday after yields on U.S. Treasury bonds surged to multi-year highs as U.S. central bank officials expressed confidence in the staying power of the current expansion. KEEPING SCORE: The DAX in Germany lost 0.3 […]