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Finance Source: Businessinsider.com

US stocks waver as investors mull dwindling chances for near-term stimulus

Summary List Placement US stocks wavered on Friday as new commentary from the White House cut into hopes for pre-election stimulus. While House Speaker Nancy Pelosi indicated a bill could still be approved before Election Day, Treasury Secretary Steven Mnuchin noted that "significant differences" remain between each side's... go to Article >

Tesla's S&P 500 entry could spark a $8 billion buying spree, Goldman Sachs says

5 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement Large-cap mutual funds are on the verge of fueling a massive rally for Tesla shares, Goldman Sachs said Thursday. The automaker is set to join the S&P 500 on December 21 as one of its 10 most valuable members. Of the... read more

Dow climbs 370 points as likelihood of divided government extends healthcare and tech rallies

20 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement US stocks rallied further on Thursday as investors turned increasingly bullish toward the prospect of a divided government. Healthcare and tech stocks drove indexes higher. A split government would be unlikely to... read more

A divided Congress lessens chances of more stimulus — but stocks will climb regardless of who eventually wins, Guggenheim's investment chief says

21 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement As the blue wave outcome that some on Wall Street were expecting grows increasingly unlikely, all focus is now on the trajectory of another fiscal stimulus bill.  Guggenheim's Scott Minerd told CNBC that a divided... read more

A blue sweep will create a 'stock pickers market' and end secular stagnation -- A top US fund manager overseeing $34 billion says these are the 3...

30 Days ago Finance Source: Businessinsider.com

Summary List Placement America might be at a critical turning point, according to Ronald Temple, the head of Lazard Asset Management's US equity division and the co-head of multi-asset investing. A "blue wave" in the upcoming US election could... read more

Wednesday's massive stock rally is an endorsement of a split US government, Evercore co-CEO says

21 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement The stock market's Wednesday rally is an "endorsement of divided government" despite stifled odds of a front-loaded stimulus deal, Ralph Schlosstein, co-CEO of Evercore, said Wednesday. While neither presidential... read more

US stocks waver as investors mull dwindling chances for near-term stimulus

33 Days ago Finance Source: Feedproxy.google.com

Treasury Secretary Steven Mnuchin said that "significant differences" remain between the White House's and Democrats' stimulus proposals. read more

Why a Biden election victory will lift a group of beaten-down stocks at the expense of market leaders, according to JPMorgan

50 Days ago Finance Source: Markets.businessinsider.com

Summary List Placement The market could be on the verge of experiencing an internal rotation out of the winners and into the losers, sparked by a Joe Biden win this November, JPMorgan said in a note on Monday. With chances rising that there... read more

Why a Biden election victory will lift a group of beaten-down stocks at the expense of market leaders, according to JPMorgan

51 Days ago Finance Source: Businessinsider.com

Summary List Placement The market could be on the verge of experiencing an internal rotation out of the winners and into the losers, sparked by a Joe Biden win this November, JPMorgan said in a note on Monday. With chances rising that there... read more

A fund manager at a $468 billion firm pinpoints 7 portfolio moves to make right now in anticipation of a Biden presidency and Democrat-run government

33 Days ago Finance Source: Businessinsider.com

Summary List Placement It's become an increasingly popular view on Wall Street, despite once seeming counterintuitive: a Joe Biden win and Democratic sweep will be good for markets. At least in the near term. That's because Democrats want to... read more

US stocks slide from record levels after Fed minutes reveal concern for economic recovery

98 Days ago Finance Source: Feedproxy.google.com

US stocks slid on Wednesday as investors mulled the cautionary remarks from Federal Reserve officials. Federal Open Market Committee meeting minutes showed policymakers fearing a slowdown in the economy's recovery. Members also refrained from... read more