Chinese trade negotiators had a sudden change of plans Friday, canceling a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week. The Chinese delegation has changed its travel schedule and is headed back to China earlier than planned, according to Nicole Rolf, the Montana Farm Bureau Federation’s director of
Finance
With the S&P 500 about one percent from its all-time highs, Wall Street bull Edward Yardeni is predicts a record breakout is coming. The Yardeni Research president believes between now and the end of next year, the index will soar 17% from current levels. “I’ve got 3,500 as my target for next year,” he told
A trader works at the New York Stock Exchange in New York. Wang Ying | Xinhua News Agency | Getty Images What exactly happened during the “once in a decade” stock market rotation earlier this month that rocked investors? It might’ve just been a one-off technical move and not based on fundamentals. A huge rotation
Goldman Sachs CEO David Solomon performs at Schimanski night club in Brooklyn, New York, October 14, 2018. Trevor Hunnicutt | Reuters To the many titles of David Solomon, including CEO of Goldman Sachs and electronic music performer DJ D-Sol, add one more: music impresario. Solomon launched Payback Records last year as his music career was
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images Developments in U.S.-Chinese trade talks and the comments from a host of Fed speakers could be important for markets in the week ahead,
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of the Emerging Markets ETF. Steve Grasso was a buyer of Expedia. Dan Nathan was a buyer of the 20+ Year Treasury Bond ETF. Guy Adami was a buyer of IBM. Disclosure Trader disclosure: Dan Nathan is Long EA
Night view of Nanjing Road in Shanghai. zhuyufang | iStock | Getty Images BEIJING – The Chinese government is encouraging businesses and local districts to develop the so-called “night economy” in an effort to boost growth. Some retailers and hospitals have extended their operating hours, while cities are also spending on elaborate light shows. It’s
Fintech company Stripe is climbing the ranks of the most valuable Silicon companies. Stripe, a San Francisco-based payments company that competes with Jack Dorsey’s Square, announced an additional $250 million funding round on Thursday, bringing its valuation to an eye-popping $35 billion. Venture capital firms Sequoia, Andreessen Horowitz General Catalyst, among other investors, participated in
Art Hogan predicts the Federal Reserve will disappoint the stock market by not cutting rates again this year. But the National Securities chief market strategist believes it shouldn’t alarm Wall Street. “The market is going to be OK with it,” Hogan told CNBC’s “Trading Nation” on Wednesday. “The market all of the sudden has broken
A visual representation of a cryptocurrency coin on display in front of the logos for Facebook and Libra. Chesnot | Getty Images Policymakers around the world have upped the pressure on libra, the digital currency being introduced by Facebook, amid concerns it could heavily disrupt the global financial system. On Tuesday, European Central Bank board