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By Jon D. Markman On January 11, 202103:15 PM Eastern
Stocks are mostly sinking Monday, pulling back from record highs reached last week and as concerns increased over rises in the rate of COVID-19 infections across the nation amid questions about...
By Sean Brodrick On January 11, 202111:32 AM Eastern
It’s time to grab gains on Turquoise Hill Resources Ltd. (NYSE: TRQ) and head for the exits.
Why? The Government of Mongolia is considering terminating and replacing the development and...
By Jon D. Markman On January 11, 202106:28 AM Eastern
Stocks rolled higher Friday to new records after President-elect Joe Biden said he would unveil a stimulus package worth “trillions of dollars” to help kick-start the listless U.S. economy.
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By Jon D. Markman On January 8, 202103:15 PM Eastern
Stocks were swirling in all directions Friday as COVID-19 stimulus checks were distributed and job indicators showed that while payrolls unexpectedly declined, there were other positive signs for...
By Sean Brodrick On January 8, 202112:30 PM Eastern
Man, what a wild week.
Importantly for the economy, President-elect Biden now has a razor-thin majority in the Senate to work with. That means he can (probably) proceed with his stimulus...
We finally closed the books on 2020, a year marred by enormous market turmoil and an enormous health crisis. Yet we can’t seem to get away from 2020’s shadow of chaos so far in 2021.
On...
By Jon D. Markman On January 8, 202109:28 AM Eastern
The end of the political risk is nearing, and stocks are shooting higher again.
The direction of the next major stock market move was never really in doubt. Jerome Powell, the Federal Reserve...
By Jon D. Markman On January 8, 202106:28 AM Eastern
Stocks rose fiercely and broadly to new highs on Thursday as investors shrugged off the violent intrusion of the U.S. Capitol a day earlier and anticipated that lawmakers will approve higher...
By Jon D. Markman On January 7, 202103:21 PM Eastern
Stocks are blasting higher Thursday as market participants anticipate the approval of a higher stimulus payment following this week’s Democratic victory in Georgia’s Senate runoff election, while...
By Jon D. Markman On January 7, 202106:28 AM Eastern
Stocks shot in all directions in a wild Wednesday session as investors digested the surprising results of two Senate runoff elections in Georgia and the storming of the U.S. Capitol by a violent...