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Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018 as investors first worried over the possible ramifications of rising interest rates and the escalation of the trade war with China. The hedge funds and institutional investors we track […]...
Dec.20 -- U.S. Commerce Secretary Wilbur Ross says U.S. Steel Corp.’s decision to close a giant plant in Michigan and lay off as many as 1,545 workers doesn’t mean the import tariffs placed on steel and aluminum by President Donald Trump aren’t working. He speaks with Bloomberg's David Westin on "Bloomberg Markets."...
Buying a home is often touted as a smarter financial move than renting. Here are five cities where buying a home is a smarter decision than renting....
Larry Mullne, Logistics Manager at Allied Alloys, a full-service scrap metal and metals management company with a private fleet and a brokerage gave FreightWaves insight into the company's pre-holiday operations. Houston was one of a handful of markets that increased volumes – Houston was up over 5% this week. OTRI has nearly doubled in the past month and now sits comfortably above its 60-day moving average by 70%....
U.S. equities made another new high on Friday -- and no, I didn't just copy and paste that from every other day this week. That said, it's pretty clear bulls are in control at the moment. Let's look at a few top stock trades for Monday, the last full trading day before the holidays. Top Stock Trades for Tomorrow No. 1: Uber (UBER)Source: Chart courtesy of StockCharts.comIt's a Christmas miracle, with Uber (NYSE:UBER) finally putting together some bullish developments.Earlier this month, the stock notched a higher low, allowing us to draw an uptrend mark (purple line) on the chart. Then it pushed through the 50-day moving average and the $30 level.InvestorPlace - Stock Market News, Stock Advice & Trading TipsObviously the stock still has a lot to prove, but it's making positive steps. It's also a great example of why traders should keep an open mind and do their best to...
The U.S. Securities and Exchange Commission has asked for documents from Citadel Securities and GTS, the source said. Earlier in the day, the Wall Street Journal reported that the SEC was probing listings of Slack Technologies Inc and other unicorns on the NYSE, focusing on their first day of trading. The SEC had asked Citadel Securities for information on how it opened Slack's first day of trading, the Journal reported https://on.wsj.com/2EDYDlh....
(Bloomberg) -- Boeing Co. scrubbed plans for its CST-100 Starliner to rendezvous with the International Space Station on the capsule’s debut flight, raising doubts over whether the company will be able to ferry astronauts to the orbiting laboratory next year.The mishap Friday represented another high-profile setback for an aerospace giant that was already contending with the prolonged grounding of its top-selling jetliner, the 737 Max. It also raises the stakes for the craft’s earlier-than-planned Sunday morning landing at White Sands Missile Range in New Mexico.The flight problem jeopardizes U.S. plans for human flights as soon as next year by Boeing, which was hired to carry crew to the ISS as part of NASA’s commercial crew program. Elon Musk’s Space Exploration Technologies Corp., which is also part of the program, flew its demonstration capsule to the lab in March.The Starliner took off aboard a United Launch Alliance Atlas V rocket at 6:36...
