collected by :Molly Tony
☰BusinessU.S. stock market steady on strength of jobs reportAfter the U.S. levied tariffs on $34 billion worth of Chinese goods, China retaliated with similar tariffs on U.S. goods. (Spencer Platt/Getty Images)A strong jobs report Friday pushed stocks to a positive note despite the first real shots across the bow in a trade war between the United States and China. The U.S. Labor Department's closely watched jobs report issued Friday had Wall Street wags giddy. But trade pressures are pushing the other way."Many Wall Streeters had pointed to July 6 as the trade war D-Day. Swagel said the most interesting tidbit from the jobs report may be that 601,000 Americans entered the labor force.
☰BusinessU.S. stock market steady on strength of jobs reportAfter the U.S. levied tariffs on $34 billion worth of Chinese goods, China retaliated with similar tariffs on U.S. goods. (Spencer Platt/Getty Images)A strong jobs report Friday pushed stocks to a positive note despite the first real shots across the bow in a trade war between the United States and China. The U.S. Labor Department's closely watched jobs report issued Friday had Wall Street wags giddy. But trade pressures are pushing the other way."Many Wall Streeters had pointed to July 6 as the trade war D-Day. Swagel said the most interesting tidbit from the jobs report may be that 601,000 Americans entered the labor force.
Traders debate how a trade war will affect the stock market
It's that "to date" part that has gotten a large part of the investor base considerably more nervous. This is a major issue that the market, up until today, has been completely neglecting."The commodity markets aren't neglecting the threat. Copper is down dramatically in the past month on concerns over a slowdown in China and an increase in trade tensions. The Fed said this a month ago (June 12 to 13) — a time when tariffs looked like only a remote possibility. What side of this debate do you think they will be on now that tariffs have become very real?7000% stock market returns in 11 years of IPO: This large-cap stock may gain 15% more
as mentioned in 7000% stock market returns in 11 years of IPO: This large-cap stock may gain 15% moreSurprisingly, a consumer stock has returned more than 7000% in 11 years of its IPO (Initial Public Offering) and this large-cap stock may gain up to 15% more. Surprisingly, a consumer stock has returned more than 7000% in 11 years of its IPO (Initial Public Offering) and according to a domestic research and brokerage firm, this large-cap stock may gain up to 15% more. Page Industries successfully raised Rs 101 (approx) from its IPO by offloading as many as 28 lakh equity shares. Page Industries IPO got subscribed by 1.44 times in the three-day bidding process from 23 February to 27 February 2007. Notably, Page Industries is the exclusive manufacturer innerwear brand Jockey in India.Companies buying back their own shares is the only thing keeping the stock market afloat right now
"Corporate cash is going to find a home, and it's either going to be in buybacks, dividends or M&A activity. What it's not going to be is in capex," said Art Hogan, chief market strategist at B. Riley FBR. The numbers showing where each side put their cash in the second quarter are striking. Dow components Nike and Walgreens Boots Alliance led the most recent surge in buybacks, with $15 billion and $10 billion, respectively, last week. At the same time, investors dumped $23.7 billion in stock market-focused funds in June, also a new record.
Comments
Post a Comment