News: Stocks
In this distinguished corner of our platform, we provide the most recent and relevant news from the stock market world. Our focus extends to stories on prominent indices, including the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite, ensuring you're constantly updated on crucial market movements. We also bring to your attention any pertinent changes in analyst ratings, price targets, and regulatory filings, among other insightful information. Your journey to financial knowledge and empowerment begins here.
Oil Prices Claw Back Some of Friday’s Route, As OPEC Reportedly Set to Delay Technical Meetings
Oil prices increased Monday, but only partly recovered from late-week losses as markets evaluated a new form of coronavirus. Additionally, investors are anticipating this week's OPEC meeting, which was purportedly postponed because of recent price volatility.
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Here’s What The Black Friday Carnage May Mean For The Stock Market’s Trade Monday, Analysts Say
The market crash on Black Friday, and the ensuing flight into assets that investors believe will perform better in the face of mobility constraints, has overshadowed the traditional focus on shopping on a day when consumers spend heavily before the Christmas holidays.
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Market Strategists Split on ‘Buying Opportunity’ After Post-Thanksgiving Selloff
Following the Dow Jones Industrial Average's (DJI) worst daily drop of the year, market experts were split on whether Friday was a good buying opportunity. The index fell almost 900 points, while the wider S&P 500 (GSPC) index fell 2.27 percent.
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Stock Market News Live Updates: Wall Street Rocked By New COVID Variant Fears, Dow Plunges Over 900 points
Global markets were jolted on Friday by the discovery of a new coronavirus variety in South Africa, which fueled fears that further growth-stifling lockdowns might be enforced if the type spreads extensively.
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Stocks, Oil Drop Sharply on Concerns Over New Covid-19 Variant
Shares, oil prices, and government bond rates all fell after South Africa issued a warning about a rapidly spreading new form of coronavirus, raising fears that travel limitations and other measures may stifle economic activity.
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Why These Are The Worst Stocks To Own Right Now: Goldman Sachs
Even if equities are still on autopilot, Goldman Sachs strategists warn that not every section of the market is a long-term buy. Stocks with strong exposure to tight labor markets, which run the risk of eroding profit margins as wages are boosted, are among the worst to invest in a US economy striving to recover from the COVID-19 epidemic.
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USDC Issuer Plans to Enter the Japanese Market
According to the company's plans to expand its commercial activities there, a potential location for Circle, the stablecoin issuer, is Asia. Many Asian countries, like Laos, Singapore, and the United Arab Emirates, see the digital asset market as a new business potential, despite China's ban on cryptocurrency exchanges.
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