Markets at midday: Stocks fall as tech battles to go on rebound

Senate fails to pass Republican coronavirus stimulus program Senate Democrats blocked a targeted pandemic relief plan proposed by Republicans, claiming it’s not enough to mitigate the pandemic’s harm. The Senate’s vote in favor of the bill was short of the sixty necessary on a procedural step to move toward passage. The measure didn’t include a […]

The US tech market is now worth much more than the whole European stock market, Bank of America says

US tech stocks have overtaken the entire European stock market in market value as investors crowd into mega-caps to ride out the coronavirus pandemic. The tech market is currently worth $9.1 trillion, Bank of America said Thursday, while European stocks – including those in the Switzerland and UK – are actually worth a collective $8.9 […]

Stock market’s trailblazing speed buoys Trump’s reelection odds

U.S. stocks have struggled with back from their coronavirus-induced plunge to set a record setting speed of growth in a critical time for President Trump’s reelection bid. The S&P 500 is up 60 % since bottoming on March 23, and retaining that typical daily gain of aproximatelly 0.5 percent through Election Day — while much […]

Taiwan set to bar Chinese streaming services as iQiyi as well as Tencent\’s WeTV

Two of China’s the majority of preferred streaming services, iQiyi and Tencent’s WeTV, could very well be barred from operating in Taiwan next month as the governing administration readies to close regulatory loopholes that enabled them to provide community adaptations of the services of theirs through partnerships. But iQiyi and WeTV will still be accessible […]

Worth stocks, which trade lowest to progress stocks after 2001, look like a smart play as the economy rebounds

Worth stocks have started to perform much better than growth stocks. Several investors argue this represents a trend. Progress stocks, springing generally using the know-how trade, today have sky high valuations after a robust rebound after the March lows. Value stocks are obtaining another overall look as beleaguered industries rise out of the doldrums brought […]