The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania. “President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said Monday on CNBC’s “Squawk…
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s…
Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures gained marginally after the S&P 500 and Nasdaq Composite hit records in a postelection rally and investors weighed the Federal Reserve’s latest interest…
Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday that interest rates could shoot higher if Republicans end up controlling the House, securing a governing trifecta that gives President-elect Donald Trump free rein to spend as he pleases. Gundlach, a…
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — Donald Trump’s 2024 presidential win has raised the bar for China’s fiscal stimulus plans, expected Friday. On the campaign trial, Trump threatened to impose additional…
Oil market’s future is still uncertain under Trump U.S. oil producers are looking forward to less regulations on crude production under Trump, meaning higher oil supply and consequently lower prices. But it’s not that straightforward. Trump has also vowed to put more sanctions on Iranian and Venezuelan barrels, meaning the global market could become tighter,…
In this photo illustration, the Elon Musk’s twitter account seen displayed on a mobile phone screen with a Dogecoin logo in the background. Adrees Abbas | Lightrocket | Getty Images Memecoins surged early Wednesday as former President Donald Trump clinched a second term in office. Dogecoin surged more than 19% and Shiba Inu gained nearly…
U.S. Flags on the front of the New York Stock Exchange hang behind the street signs making the corner of Wall and Broad Streets in the center of the financial district on October 24, 2024 in New York City. J. David Ake | Getty Images News | Getty Images Stock futures were moving higher Tuesday…
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures edged higher in overnight trading ahead of Tuesday’s high-stakes U.S. presidential election Futures tied to the Dow Jones Industrial Average added 25 points, or 0.06%, while S&P 500 futures gained 0.1%. Nasdaq-100 futures rose 0.15%. Palantir popped 13% in overnight trading…
Traders work on the floor of the New York Stock Exchange. NYSE Nasdaq 100 futures advanced Thursday night as traders analyzed major earnings reports in the runup to the all-important jobs report. Futures tied to the tech-focused index added 0.35%. Dow Jones Industrial Average futures climbed 47 points or 0.11%. S&P 500 futures ticked up…
