equity markets
European stocks rise after worst drubbing in three months amid second COVID-19 wave concerns
People enjoy a drink outside a pub in Camden in central London on September 13, 2020. justin tallis/Agence France-Presse/Getty Images European stocks edged higher on Tuesday after their worst one-day performance in more than three months, as the Continent faces tighter economic restrictions due to rising cases of coronavirus. After a 3.2% nosedive on Monday, …
Can I harvest a loss without breaking the wash sale rule?
Q.: In your article, Can I use tax-loss harvesting to offset my required IRA withdrawal? you wrote that when a wash sale occurs, the loss is disallowed but doesn’t necessarily go to waste. Could you explain that? — Edgar A.: I am happy to try, Edgar. People often want to harvest a loss for tax …
Stocks gain altitude after jobless claims slide below 1 million but Dow industrials pressured by Cisco shares
Stock benchmarks were cutting early declines midday Thursday, as first-time claims for unemployment benefits receded much more rapidly than anticipated, but investors appeared somewhat hesitant to push stocks much further near records amid a stalemate over a fresh coronavirus aid package. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, -0.08% traded 38 …
Dow up over 300 points as investors snap up beaten down stocks, S&P 500 nears all-time high
Stocks rose Tuesday, with shares of cyclical companies continuing to outpace previously highflying tech stocks, while the S&P 500 approached its all-time closing high from February, nearly completing a round trip from its pandemic-induced plunge earlier this year. What are major indexes doing? The Dow Jones Industrial Average DJIA, +0.59% rose 305 points, or 1.1%, …
Dow, S&P 500 book 7th straight day of gains, Nasdaq ends lower as high-flying tech stocks take a breather
The S&P 500 booked its longest stretch of gains in about 16 months Monday, as investors monitored signs that a long-awaited rotation on Wall Street into more economically sensitive cyclical stocks could be brewing, but at the expense of their high-flying counterparts. Investors also focused on the significance of President Donald Trump’s weekend signing of …
Nasdaq trades in record territory as technology-related shares rise, but S&P 500’s 5-session streak in jeopardy
U.S. stocks on Tuesday were attempting to recover some early lost ground on the back of gains in technology and tech-related shares as investors assessed the economic and public-health environment following a strong rally to start the week in the previous session. The apparent pause in unfettered enthusiasm for equities followed revised forecasts from the …
Why stock-market strategists have never been more confused in June about the year-end outlook for equities
It has been the best of times and the worst of times for U.S. equity benchmarks over the past two quarters, and that is, perhaps, why Wall Street analysts are facing their most befuddling challenge yet. The Dow Jones Industrial Average DJIA, +0.84% and the S&P 500 SPX, +1.54% just put in their best quarterly …
Charting a break to ‘clearer skies’ territory: Nasdaq rattles cage on record highs
U.S. stocks are firmly higher early Friday, rising after a strikingly better-than-expected monthly jobs report. Against this backdrop, the Nasdaq Composite is rattling the cage on uncharted territory, vying to surpass its record close (9,817) and absolute record peak (9,838). Meanwhile, the Dow industrials have knifed firmly atop the 200-day moving average early Friday, clearing …
This Bull Market Isn't as Big as You Think – The Wall Street Journal
This Bull Market Isn’t as Big as You Think The Wall Street Journal Wall Street’s rally accelerates after stunning jobs report USA TODAY The Stock Rebound Really Gets Going After Wall Street Logs Off Bloomberg S&P’s 4-Day Rally Ends Newser Wall Street jumps on surprise improvement in labor market Investing.com View Full Coverage on Google News Source link
German stocks surge after three-day break as equities extend winning run
European stocks on Tuesday extended recent gains as economies reopen, with German stocks booming after a three-day break. The German DAX DAX, +3.47% rallied 3.7% following the Ascension Day holiday, with big gains for automobile maker Daimler DAI, +6.32% and airline Deutsche Lufthansa LHA, +4.25%. Other markets rose as well, with the U.K. FTSE 100 …
