Stocks rebounded slightly in early trading following yesterday’s turbulent session. Stocks dragged lower after multiple news outlets reported that President Joe Biden is slated to propose much higher capital gains taxes for the rich. The proposal would hike the capital gains rate to 39.6% for those earning...
Stocks were flat in early trading after snapping a two day losing streak in the previous session. The three major benchmarks each saw significant gains yesterday. The S&P 500 and the Dow each advanced 0.93% while the Nasdaq gained 1.19%. Small caps were particularly strong, with the...
Stocks were flat in early trading this morning as earnings season continues to unfold. Although 90% of the S&P 500 companies have delivered robust results, expectations are high and most of the good news has already been priced in. A few of the companies reporting today are Verizon...
Bitcoin’s plummet over the weekend didn’t just affect crypto enthusiasts; it affected high-flying tech stocks with significant exposure, such as Tesla (TSLA) and Coinbase (COIN) in yesterday’s session. Combined with investors taking profits from bank stocks that crushed earnings last week, this week started off with declines...
Stocks moved lowerin early trading this morning after coming off a week of gains as earnings topped estimates and strong economic data lifted the major averages. More than 70 S&P 500 companies are slated to report this week. Notably, today after the close IBM and United Airlines will report with several...