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American stocks drop in wake of President’s COVID-19 diagnosis

American stocks drop in wake of President’s COVID-19 diagnosis American stocks are selling in the wake of President Trump, and members of his family and a key staff member, testing positive for COVID-19. The news, which came overnight, is weighing heavily on all major American indices, but heaviest on tech shares. As […]

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Stocks are selling off again, and SaaS shares are taking the biggest lumps

Stocks are selling off again, and SaaS shares are taking the biggest lumps It was just days ago that cries of “stocks only go up,” and “no it makes sense that Tesla is going up because it split” and other bits of unironic stupidity were the only thing you could read online […]

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All bets are off as Hertz pulls plan to issue $500 million in new stock

All bets are off as Hertz pulls plan to issue 0 million in new stock Hertz, which filed for bankruptcy last month, halted its $500 million stock offering Wednesday after the U.S. Securities and Exchange Commission told the rental company it would review its controversial plan to sell shares that could soon […]

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How to protect your equity if you’ve been furloughed or laid off

How to protect your equity if you’ve been furloughed or laid off Wouter Witvoet Contributor Share on Twitter Wouter Witvoet is founder and CEO of Secfi, a pre-wealth management equity planning platform for startup employees. If you’ve been lucky enough to keep your job or business, you almost certainly know someone who […]

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Markets dragged down by abysmal retail sales and factory output

Markets dragged down by abysmal retail sales and factory output U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales. However, the declines did not completely erase yesterday’s gains in another sign that U.S. investors […]

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Tech shares close down on the day despite roaring start

Tech shares close down on the day despite roaring start American equities closed down today, with the major domestic indices all losing ground after a wild trading cycle. After starting the day up sharply higher after strong Monday gains, those gains were erased as the day closed. It was a day of […]

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Stocks fall sharply as U.S. government warns of hard weeks ahead

Stocks fall sharply as U.S. government warns of hard weeks ahead A recent redbound in domestic equity prices faded further into the distance today, as American stocks fell for a second consecutive day following modest Tuesday declines. After rising from new 52 week lows, all domestic indices after the American president warned […]

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Stocks fall sharply Friday morning as the mid-week recovery falls short

Stocks fall sharply Friday morning as the mid-week recovery falls short The major American stock market indices are down sharply this morning at the open, with stocks falling after a multi-day rally helped shave some losses off their calendar-year results. So far, 2020 has proven to be a toxic year for publicly […]

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As the world waits for more economic stimulus, stocks stabilize following Monday’s market rout

As the world waits for more economic stimulus, stocks stabilize following Monday’s market rout Investors seem to be taking a wait-and-see approach to the markets right now, after a bumpy evening where a Presidential tweet and commitment of economic support seemingly sent traders to smash buy buttons before realizing that there was […]

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Stocks sharply rebound as markets rally on expectations of government bailout, testing

Stocks sharply rebound as markets rally on expectations of government bailout, testing As America’s fractured Congress inches closer to an agreement on a comprehensive bailout for the economic hardships businesses and workers are facing due to the COVID-19 pandemic, stocks are poised for a big rally on Wall Street. The move is more […]

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