The S&P 500 sits just 0.2% from its intraday record high earlier in May. The benchmark advanced 0.6% last week to bring its 2021 gains to more than 12%
Schlagwort-Archiv: CNBC
Market bull lists inflation as top risk, warns investors may get a ‚wake-up call‘ this summer
Federated Hermes‘ Phil Orlando worries inflation could be stickier than the Federal Reserve anticipates, and it could spook Wall Street.
El Salvador looks to become the world’s first country to adopt bitcoin as legal tender
El Salvador President Nayib Bukele plans to introduce legislation that will make it the world’s first sovereign nation to adopt bitcoin as legal tender.
The Pentagon wants to use private rockets like SpaceX’s Starship to deliver cargo around the world
The U.S. military is expanding a development program that wants to leverage reusable rockets, like those of SpaceX, to deliver cargo anywhere in the world.
Thinkorswim co-founder: Meme stock frenzy nothing like day trading in late-’90s dot-com bubble
„It’s completely different“ from trading technology to the fee structure, online brokerage pioneer and former options trader Tom Sosnoff told CNBC on Friday.
Bill Ackman sees Universal Music SPAC deal closing later this month
Bill Ackman said he expects to close his SPAC deal to buy 10% of Universal Music Group for around $4 billion later this month.
Ron Insana: The so-called Reddit Rebellion in markets is nothing more than rank speculation
Today’s retail traders running up stocks and playing with options really aren’t that different from their day-trading counterparts in the ’90s.
G-7 nations reach historic deal on global tax reform
The world’s most powerful economies have been at odds over taxation for some time. The goal is to make sure companies are paying taxes to the proper regions.
Stocks making the biggest moves midday: Square, Biogen, DocuSign and more
Long-term unemployment is falling for first time during pandemic
The share of unemployed Americans out of work for six months is falling, an encouraging sign, economists say. Though it might not all be for good reasons.