More than two years after U.S. President Donald Trump first proposed a plan to revive the Israeli-Palestinian peace process, its first phase will be formally unveiled on Tuesday at an economic workshop in Bahrain.
Boeing Co. (NYSE:BA) has been one of the best dividend growth stocks in the Dow Jones Industrial Average in recent years. The stock, however, has dramatically underperformed the market since it peaked in early March, just nine days before one of its planes crashed. Since then, the stock has shed 15% while the S&P 500 has gained 6% and is now trading at an all-time high.
The Turkish lira strengthened overnight after the opposition dealt a stinging blow to President Tayyip Erdogan by winning control of Istanbul in a re-run mayoral election on Sunday.
MUMBAI (Reuters) - Reserve Bank of India (RBI) Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term in office, citing personal reasons, the central bank said on Monday, confirming a media report.
When it comes to the near- and medium-term trajectory of the market, there were two events that mattered: as we summarized back on June 14, the first major catalyst was last Wednesday's FOMC meeting, where Powell had a choice - lose the "patience" and end the rate hike cycle or stun the market risking a crash, and continue tightening financial conditions. Of course, as everyone knows by now, "…
Amid record high asset prices in virtually everything following last week's dovish FOMC, a fresh concern has emerged: the gaping "alligator jaws" between bond yields and stocks have never been wider, with the latest thrust coming first after Powell's early June admission that an easing cycle is imminent, following by last week's even more dovish FOMC announcement, which confirmed that a July rate…
US politics have always been a bi-partisan affair. Two blocks fighting each other without taking into account possible repercussions of their decisions on global geopolitics and markets. The current decisions made by the US Senate put Washington now in the same league as the UK, which finds itself in a political stalemate due to Brexit crisis. At a time that the world is watching a possible…
Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 billion.
Bank of England Governor Mark Carney has dismissed a claim by Boris Johnson, the frontrunner in the race to become prime minister, that Britain can avoid the hit of European Union trade tariffs in the event of a no-deal Brexit.
Shareholder activists want Google parent Alphabet Inc to break itself up before regulators force the world's biggest internet ad seller to split into different pieces.
The Direxion Daily Gold Miners Index Bull 3X Shares (NUGT), one of the most heavily traded leveraged exchange traded funds, is on a tear. NUGT is up 13.45% over the past week and higher by more than 45% this month, prompting some market observers to speculate the fund could be poised for a breather. NUGT [...] The post Tread Carefully With Leveraged Gold ETF appeared first on ETF Trends.
U.S. markets and stock exchange traded funds continued to strengthen Wednesday after the Federal Reserve signaled potential interest rate cuts later this year, bolstering investors’ confidence that the economy can weather any storms brought by the ongoing trade war with China. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.4%, SPDR Dow Jones [...] The post U.S. Stock ETFs Rally as…