The data from the Office for National Statistics showed that GDP remained 9.2% lower than in February, before the full impact of the pandemic was felt.
Schlagwort-Archiv: Financial
Stocks rise for a third day on stimulus hopes, Dow gains 100 points
U.S. stock futures rose early Friday as Wall Street continued to search for clarity surrounding a new potential fiscal aid bill.
JPMorgan Chase makes $30 billion commitment to help close America’s racial wealth gap
Banks, which have historically contributed to inequality through now-banned practices including redlining, are hoping to be part of the solution to society’s problems.
Consumers‘ ’savings buffer‘ accumulated during pandemic could help aid the economy without stimulus
Morgan Stanley estimates that U.S. households have saved an extra $1.1 trillion as of August, compared to pre-pandemic levels.
JPMorgan says investors should look past U.S. election ’noise‘ and focus on medium term
Investors who have a time horizon beyond two or three months should be „overweight risky assets“ such as credit and stocks, says JPMorgan Asset Management’s Patrik Schowitz.
Cramer: You’re going to be on the ‚wrong side of the trade‘ if you invest based on Trump’s tweets
„If you’re just going to look at the president’s tweet, you’re just going to end up on the wrong side of the trade,“ CNBC’s Jim Cramer said.
Stocks making the biggest moves in the premarket: IBM, Eaton Vance, Domino’s Pizza, Coty & more
The stocks making the biggest moves in premarket trading include IBM, Eaton Vance, Domino’s Pizza, Coty, and more.
Fintech app Revolut tries to tempt U.S. savers with a market-beating 5% rate — but there’s a catch
Revolut announced a new 4.5% „bonus“ on top of its base annual interest rates for American savers.
Square buys $50 million in bitcoin, says cryptocurrency ‚aligns with company’s purpose‘
Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million.
‚No. 1 catalyst‘ for market volatility is virus aid gridlock — not election uncertainty
National Securities’ Art Hogan lists stimulus gridlock as a bigger market driver than election uncertainty.