India’s finance minister said on Thursday the country could not support a general allocation of new Special Drawing Rights by the International Monetary Fund because it might not be effective in easing coronavirus-driven financial pressures. Finance Minister Nirmala Sitharaman said in a statement to the IMF’s steering
Despite the recent turmoil in the markets caused by the novel coronavirus, the Nasdaq-100 (NDX) is holding near flat, which is due to the strength of some of its large-cap components, particularly the tech stocks. “There are companies in the NDX that are crushing it,” CNBC’s Jim
In the latest trading session, Edwards Lifesciences (EW) closed at $217.52, marking a +1.34% move from the previous day. The stock outpaced the S&P 500’s daily gain of 0.58%. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, added 1.66%. Heading into today,
Over the past couple of months, the U.S. stock market has hit an all-time high, plunged by more than 30% as the COVID-19 pandemic virtually shut down the economy, and then rebounded by about 20%. And during that time, market swings of 5% or more in either
Comcast (CMCSA) closed the most recent trading day at $37.83, moving +1.8% from the previous trading session. This move outpaced the S&P 500’s daily gain of 0.58%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 1.66%. Coming into today, shares
PLDT (PHI) closed at $22.28 in the latest trading session, marking a -0.76% move from the prior day. This change lagged the S&P 500’s 0.58% gain on the day. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, added 1.66%. Coming into today,
APR 16, 2020 12:15PM EDT Buying stocks for less than they are truly worth is a great way to build tremendous wealth in the stock market. Value investing is a proven strategy used by legendary investors, including Warren Buffett, to build massive fortunes. You, too, could
TheKerpluk – Nitin Khanna is an Indian American serial entrepreneur. Having found success in technology (he sold his software company to EDS for $473MM), investment banking (his M&A advisory firm Mergertech is one of the leaders in helping founders sell their mobile tech businesses), and