Election Day is here, and investors are on edge. The race between Vice President Kamala Harris and former President Donald Trump, as well as the battle for Congress, are down to the wire. The outcome will be consequential for markets on many fronts, including dictating policies that could hurt, or boost, different industries, as well…
The U.S. presidential election beckons and even though nearly 75 million people have already voted, according to NBC News , nothing seems to have leaked out. You would figure the hedge fund algorithms would have picked up something by now, but I haven’t seen any confirmed bets made either way. That makes trading on the…
Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet’s results are set to be released Tuesday. Microsoft and Meta Platforms post their…
Credit the index funds. They sop up the cash and distribute the money like a weighted-stock trampoline, jumping in the moment of a decline, desperate money seeking a home and finding it in the S & P 500 . It’s unseen because it comes in hidden over the transom. The Vanguard S & P 500…
Check out the companies making headlines in midday trading: SoFi Technologies — Shares of the online personal finance company jumped around 11.4% after SoFi announced a $2 billion agreement with Fortress Investment Group to grow its loan platform business. Sirius XM Holdings — The audio entertainment stock popped 7.9% after Warren Buffett’s Berkshire Hathaway disclosed…