U.S. appeals court finds that Texas voter ID law is discriminatory U.S. charges two HSBC executives over forex-related scheme Parents of boy killed by alligator at Disney resort will not sue Microsoft propels Wall Street to new record highs
Investor’s Edge: 07/20/2016 Listen to today’s show by clicking here.
Stocks rallied on Wednesday after the latest round of earnings data was announced. Morgan Stanley (MS) and Microsoft (MSFT) both rallied after announcing their results. According to the CME Group’s FedWatch tool, traders see a roughly 40% chance the Fed will hike rates by its December meeting, which was less than 20% a few weeks ago. The US Dollar…
Stocks were very quiet on Tuesday as investors digested the latest round of economic and earnings data. Economic data was relatively light, U.S. housing starts rose by 1.19 million units versus expectations of a 1.17 million. Earnings data was mixed, shares of Netflix (NFLX) and Goldman Sachs (GS) fell after reporting earnings while shares of Johnson and Johnson…
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