A conversation about the latest market-moving news, including the upcoming jobless claims data and China passing a controversial Hong Kong bill.
Posted on: 28 May 2020 | 10:43 am
"Cryptocurrencies including bitcoin are not an asset class," Goldman Sachs declared in a slide deck released ahead of an investor call on Wednesday.
Posted on: 28 May 2020 | 10:14 am
Despite a record surge in unemployment, Bank of America customers have been helped by the government's stimulus checks, Moynihan said.
Posted on: 28 May 2020 | 9:55 am
The stocks making the biggest moves in premarket trading include Abercrombie & Fitch, Dollar General, Amazon, and more.
Posted on: 28 May 2020 | 9:09 am
Should the U.S. Federal Reserve opt to take its benchmark funds rate into negative territory, it will need to "go deeply negative" with a cut of between 50-100 basis points below zero, according to Standard Chartered Bank.
Posted on: 28 May 2020 | 7:33 am
Chinese Premier Li Keqiang used a key meeting at the National People's Congress on Thursday to emphasize the opportunities China offers to foreign businesses, in the wake of the coronavirus shock.
Posted on: 28 May 2020 | 6:29 am
Oppenheimer Asset Management's John Stoltzfus believes the market is in the early phase of a historic recovery.
Posted on: 27 May 2020 | 8:16 pm
Check out the companies making headlines after the bell.
Posted on: 27 May 2020 | 6:16 pm
Stocks rose for a second day on optimism about the reopening of the economy. However, a decline in tech shares kept the gains in check.
Posted on: 27 May 2020 | 4:29 pm
A conversation about the latest market-moving news, including optimism around the economy reopening.
Posted on: 27 May 2020 | 4:19 pm
Check out the companies making headlines in midday trading.
Posted on: 27 May 2020 | 4:11 pm
Bets on the economy reopening mounted once again, lifting stocks that benefit from it.
Posted on: 27 May 2020 | 4:09 pm
Popular stay-at-home stocks underperformed on Wednesday as investors rotated out of these names amid the reopening of the economy.
Posted on: 27 May 2020 | 4:05 pm
Goldman, a top player in global trading and capital markets businesses, sent employees home in March as lockdowns began in the U.S. Now, some of the 98% of bank employees working from home will begin to return to the bank's offices in Manhattan, New Jersey and Connecticut.
Posted on: 27 May 2020 | 3:06 pm
April saw a 200% jump in new mobile banking registrations, while mobile banking traffic rose 85%, according to Fidelity National Information Services (FIS). Industry watchers say the shift to online is likely to stick.
Posted on: 27 May 2020 | 2:59 pm