Unofficial election results indicate that Hillary Clinton got 5 million fewer votes than Obama did eight years ago, the voter turnout in this election was lower than the previous two.
SECTION SELECTION US FINANCIAL MARKET | US ECONOMY & POLITICS EUROPE & WORLD | TODAY IN HISTORY S&P, DOW TOUCH RECORD HIGHS AS OIL PRICES RALLY The S&P 500 is up more than 10 percent since the U.S. election. But, with Trump giving scant detail on his plans markets have traded in a tight range. Some […]
SECTION SELECTION US FINANCIAL MARKET | US ECONOMY & POLITICS EUROPE & WORLD | TODAY IN HISTORY S&P, DOW TOUCH RECORD HIGHS AS OIL PRICES RALLY Oil prices surged 2% after data showed a surprise decline in U.S. inventories, suggesting a global oversupply maybe be ending. Treasury Secretary Steven Mnuchin told CNBC on Thursday that he […]
SECTION SELECTION US FINANCIAL MARKET | US ECONOMY & POLITICS EUROPE & WORLD | TODAY IN HISTORY WALL STREET SLIPS AT THE OPEN ON WEAK OIL PRICES; FED MINUTES IN FOCUS Bristol-Myers was up 2% after billionaire investors Carl Icahn took a stake in the company. Investors are looking to Wednesday’s Fed minutes for insight into plans […]
Wal-Mart’s shares rose more than 3% after the company reported better-than-expected quarterly comparable store sales.
With a strong fourth-quarter earnings season mostly complete, many investors say they need concrete signs of progress from Trump on his policy plans to justify more gains.
The S&P 500 index showed 39 new 52-week highs and no new lows, while the Nasdaq recorded 75 new highs and eight new lows.
The probability of a Fed rate increase in March, as implied by futures markets, rose slightly to 27% from 18% the previous day.
Investors have been betting that President Donald Trump will lower corporate taxes and boost infrastructure spending, sending stocks higher but bond prices lower in recent sessions.
The S&P 500 has not dropped more than 1% in 84 trading days.
President Donald Trump said his goal of lowering taxes for businesses was moving ‘ahead of schedule’. Trump said he would release a major tax reform plan in the coming weeks.