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| | | Wall Street's on a tear with all of the equity market's benchmark indices - S&P 500; Dow Jones; Nasdaq; Russell 2000 - hitting record highs last week. The most proximate cause is, of course, the strong June quarter earnings results. According to Factset ... |
| | | | ... equities will end the final day of FY2016-17 with an EOFYS (end of financial year sale) gauging from the heavy selling on Wall Street and Europe overnight. The S&P 500 index closed 0.9% lower last night (the Nasdaq even more, down 1.4%) while the Stoxx ... |
| | | | ... Aziz, co-founded production company Red Granite Pictures, which co-financed the 2013 Jordan Belfort biopic The Wolf of Wall Street. When news of the scandal broke, a spokesperson for DiCaprio announced he would return any gifts or donations directly ... |
| | | | ... rates are a negative for the equity market - perhaps, the rationale behind the old adage "three hikes and stumble" on Wall Street (that is, that US equities sell off after the Fed's third rate hike). But the Fed has already raised rates three times in ... |
| | | | ... Trump's reflationary policies (although they remain in the "I promise" box still). It's not difficult to understand Wall Street's approval of Trump. Company earnings are rising. Thomson Reuter I/B/E/S estimates that S&P 500 companies' profits have risen ... |
| | | | ... Syria, in retaliation for the chemical attack on Syrian civilians, has created very little, if any, palpitations on Wall Street. Neither did Kim Jung-on's latest missile testing. As far as the moneymen are concerned, Syria and North Korea are just specks ... |
| | | | ... really want to hurt me Do you really want to make me cry..." - Culture Club It began like just another ordinary day on Wall Street but last night it was one with an upward bias despite geo-political tremors - chemical attack in Syria and nuclear missile ... |
| | | | ... its intent to possibly list five passively hedge fund-type ETFs and six actively managed ETFs. In October last year, Wall Street Journal reported that junk bond trader at Goldman Sachs, Tom Malafronte, earned more than $US100 million in trading profits ... |
| | | | Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ... |
| | | | ... were a few down days but overall, the US equity market - like the energizer bunny - keeps on going and going... up. Wall Street's major equity market indices closed at record highs - the Dow at 21,115.55 points; the S&P 500 at 2395.96 points; the Nasdaq ... |
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