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Finfeed Archived Nov 20, 2020
“Virus fears hit an overextended global stock market, knocking European equities sharply lower and pointing towards a weaker start in the US.”
Finfeed Archived Oct 22, 2020
The FTSE remains down following the UK government announcing further stricter regional lockdown measures, this time in the Greater Manchester. Interestingly there are some bright spots in some of the most beleaguered sectors as the US inches closer to agreeing a fiscal stimulus package.
Finfeed Archived Oct 21, 2020
There was hope of a deal being reached imminently to help safeguard the US economic recovery, but that is becoming less likely as politicians continue to lock horns.
Finfeed Archived Oct 16, 2020
Another round of third-quarter bank earnings landed yesterday, including Bank of America and Wells Fargo, but it was Goldman Sachs that stole the show.
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Finfeed Archived Oct 06, 2020
Much of yesterday’s ASX gains were on the back of optimistic expectations regarding tonight’s budget which is expected to provide tax cuts, cash injections and stimulus packages for consumers and businesses.
Finfeed Archived Oct 02, 2020
US markets ended up higher overnight, with the Nasdaq leading the way, up 1.42% thanks to tech giants Netflix (+5.5%), Telsa (+4.5%), Amazon (+2.3%), Facebook (+1.8%), and Alphabet 1.5%.
Finfeed Archived Sep 30, 2020
One of the few shining lights could be gold as it reclaimed US$1900 per ounce overnight.
Finfeed Archived Aug 18, 2020
Once again the NASDAQ that was the standout performer, gaining 110 points or 1%. Tesla Inc continued to shine, breaking through US$1800 per share for the first time, and its shares have now increased more than four-fold in five months.
Finfeed Archived Mar 17, 2020
While many investors steer clear of speculative stocks during periods of negative sentiment, Finfeed is going to explain why this may be the time to target such stocks.
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