Kind of a Funny Week for Stocks, Lots of Drama, Little Change: But Tesla & Nvidia Ended Deeper in the Hole – WOLF STREET
The collapsed stock palace is dragging down the Russell 2000 Index. From WOLF STREET by Wolf Richter. The S&P 500 finished at the same level it started at, and if you haven’t had access to the internet in the last five days, you would have missed all the drama that saw the Nikkei plunge 12% […]
3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar as Much as 204% According to Select Wall Street Analysts – The Motley Fool
History shows that stocks that have split their stock tend to continue to outperform other stocks. One of the most interesting developments for investors over the past few years has been the renewed popularity of stock splits. Stock splits were common in the late 1990s but fell out of favor, but have become popular again […]
Wall Street Dems are rallying for Kamala Harris — will bankers make the same mistake they made with Obama in ’08?
With the media hyping up the possibility of former dork-turned-cool-brat Kamala Harris becoming president, Wall Street Democrats aren’t wasting any time jumping on the bandwagon to convince the undecided billionaires that Harris is the winner in November’s election. Wall Street executives should support her and they will not regret it. History shows they will regret […]
Chicago cop seen on video pointing gun at street takeover spectators; internal investigation launched
A Chicago police officer was seen on video pointing his gun at protesters, sparking an internal investigation by the police department. WGN-TV reported. The video, taken early Monday morning, shows Occupy Street protesters drifting around the intersection of West 59th Street and South Pulaski Road in the city’s southwestern West Lawn neighborhood, according to the […]
Wall Street bonuses set to surge by up to 35% this year: report
Wall Street bankers are set to get a big raise after a two-year hiatus, with bonuses set to increase by up to 35%, according to a new report. If these predictions come true, it would be another boost for downtown Manhattan’s hospitality industry, which is already seeing a booming trade from wealthy New York interns. […]
Wall Street sees best day of trading in nearly two years amid recovery rally | Business
Wall Street posted its strongest trading day in nearly two years, recovering most of the losses it suffered during a sell-off that began earlier this week on concerns about the U.S. economy. The S&P 500 rose 2.3% to 5,319.32, its biggest one-day gain since November 2022. The Dow Jones Industrial Average rose 1.8% to 39,446.49. […]
Wall Street summer 2024 interns are partying hard
It’s been a very volatile week on Wall Street and a tumultuous summer for finance interns. For those lucky enough to get a summer job, salaries are higher than ever, with some companies hiring less than 1% of applicants. Top banks like Goldman Sachs and major hedge funds like Citadel typically pay $50 to $150 […]
Hit-and-run moped rider flees after ramming into NYC mom and knocking her unconscious in street: video
The horrifying video shows the moments after a Manhattan special education teacher and mother of four was struck by a moped, who then drove off, leaving her unconscious on the street. According to police and her husband, David McCurry, 53, a young-looking motorcyclist ran a red light and struck Keri Roy, 57, who was walking […]
US stock futures higher as Wall Street eyes second straight day of gains
“The Craman Countdown” panelists Jack Manley and Simeon Hyman discussed market sentiment and earnings as stocks took a big hit on recession fears on Monday. Stock futures rose Wednesday morning as Wall Street ended a three-day losing streak. Dow Jones Industrial Average futures rose more than 300 points, or 0.83%, while Nasdaq Composite and S&P […]
Dow jumps over 500 points as Wall Street rebounds after Monday’s bloodbath
Stocks rose sharply on Tuesday, ending a three-day losing streak, as recent comments from Federal Reserve officials eased fears of a U.S. recession and investors flooded back into the market after a dramatic sell-off the previous day. The Dow Jones Industrial Average pared gains after rising more than 700 points during intraday trading. After dropping […]