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January 19, 2021

Gains

Indian shares rise, Maruti gains after raising car prices

Reuters
A broker trades on his computer terminal at a stock brokerage firm in Mumbai, January 20, 2016. REUTERS/Shailesh Andrade/Files BENGALURU (Reuters) – Indian shares edged higher on Tuesday after dropping 2% in the past couple of sessions, with carmaker Maruti Suzuki gaining after deciding to raise prices of select models.......

FOREX-Yen gains, euro squeezed as recovery doubts creep in

Reuters
* Dollar holds Friday gains, euro under pressure * Strong China data fails to shift risk averse mood * Canadian dollar slips on risks to oil pipeline * Graphic: World FX rates tmsnrt.rs/2RBWI5E SINGAPORE, Jan 18 (Reuters) – The dollar clung to gains on Monday and the Japanese yen edged......

Stock futures rise following Wednesday’s slight gains

CNBC
CNBC – For more and to sign up click here U.S. stock futures rose on Wednesday night as traders kept an eye on interest rates and lingering turmoil in Washington. Dow Jones Industrial Average futures traded 66 points higher, or 0.2%. S&P 500 futures gained 0.2% along with Nasdaq 100......

Target’s holiday same-store sales jump 17% as it holds on to some of its pandemic gains

CNBC
CNBC – For more and to sign up click here Target said Wednesday comparable sales rose 17.2% in November and December, as customers bought matching pajamas and gingerbread house kits to celebrate a cozy holiday at home during the pandemic. While online sales remained robust, shoppers also visited Target’s stores......

Kamala Harris gains prominent new role thanks to Democrats’ Senate majority

Politico
Politico.com – For more and to sign up click here “Al Gore got ‘reinventing government’ as his portfolio, which real people didn’t understand,” said Rose Kapolczynski, a longtime adviser to Barbara Boxer, Harris’ Senate predecessor. “Harris will get to cast tie-breaking votes to save lives in a pandemic.” Harris and......

Pound climbs against weaker euro, gains seen as temporary

Reuters
LONDON (Reuters) – Sterling gained against a broadly weaker euro on Friday, making up some of the losses it sustained against the common currency as the new year began, though it was still on track to end the week in the red. FILE PHOTO: British Pound Sterling banknotes are seen......

Sterling rises against weakening euro, gains seen as temporary

Reuters
LONDON (Reuters) – Sterling gained against a broadly weaker euro on Friday, making up some of the losses it sustained against the shared currency as the new year began, though it was still on track to end the week in the red. FILE PHOTO: British Pound Sterling banknotes are seen......

The EU just sold human rights down the river for minor commercial gains in China

NYPost
Jorge González-Gallarza Twenty-twenty was the year that saw Xi Jinping’s geopolitical lawlessness and domestic abuses peak. Yet the year ended with a gratuitous European Union giveaway to Beijing in the form of a one-sided, opaque and deceptive investment deal. The Europeans betrayed their American ally, not to mention their own......

Stock futures rise, adding to Wednesday’s gains, despite turmoil at U.S. Capitol

CNBC
CNBC – For more and to sign up click here U.S. stock futures rose slightly in overnight trading on Wednesday as investors digested the likely event of a Democratic held Congress and continued to shrug off riots at the U.S. Capitol. Dow Jones Industrial average futures rose 58 points. S&P......

Homebuilding stocks ‘are not as strong as they once were,’ but these derivative names could still see gains, trader says

CNBC Real Estate
Homebuilding stocks could be losing steam. Though the group outperformed in 2020, with the SPDR S&P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB) both beating the S&P 500 by about 10 percentage points, pure-play homebuilding stocks are faltering, JC O’Hara, chief market technician at MKM Partners,......

Sensex, Nifty kick off 2021 with gains; IT stocks rise

Reuters
FILE PHOTO: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, February 28, 2020. REUTERS/Hemanshi Kamani/File photo BENGALURU (Reuters) – Indian shares opened higher on the first trading session of the new year, a day after the Nifty 50 index ended 2020 with gains of nearly 15%,......

Once a Fringe Idea, the $15 Minimum Wage Is Making Big Gains

New York Times
It started in 2012 with a group of protesters outside a McDonald’s demanding a $15 minimum wage — an idea that even many liberal lawmakers considered outlandish. In the years since, their fight has gained traction across the country, including in conservative states with low union membership and generally weak......

How the pandemic drove massive stock market gains, and what happens next

CNBC
CNBC – For more and to sign up click here Trader Peter Tuchman and specialist trader Michael Pistillo greet friends as they exit the New York Stock Exchange, (NYSE) wearing DOW 30,000 hats, in New York, U.S., November 24, 2020. Brendan McDermid | Reuters The pandemic turned 2020 into a......

PRECIOUS-Gold gains on hopes of increased U.S. pandemic aid

Reuters
(New throughout, adds comments, updates prices) * Dollar index eases 0.5% * U.S. Senate set to vote on COVID-19 relief checks on Tuesday * Interactive graphic tracking global spread of coronavirus: tmsnrt.rs/3mvcUoa By Shreyansi Singh Dec 29 (Reuters) - Gold prices rose on Tuesday as the prospect of additional U.S.......

Stock-picking hedge funds land investors double-digit gains in 2020

Reuters
(Reuters) – The average hedge fund underperformed the wider stock market in 2020 but saw less volatility while stock-picking funds got a lift from technology and stay-at-home shares in a year beset by a pandemic and uncertainty around the U.S. election. FILE PHOTO: A trader at the New York Stock......

PRECIOUS-Gold gains as dollar dented by Trump threat to stimulus bill

Reuters
(Adds comments; updates prices) * No real resistance until $1,900 for gold - analyst * Trump threatens not to sign U.S. stimulus deal * Interactive graphic tracking global spread of coronavirus: tmsnrt.rs/3mvcUoa By Diptendu Lahiri Dec 23 (Reuters) - Gold prices gained some ground on Wednesday after President Donald Trump......

Millionaire investors are betting on strong market gains in 2021

CNBC
CNBC – For more and to sign up click here America’s millionaires are betting on a strong stock market next year, with many expecting double-digit gains, according to the CNBC Millionaire Survey. Fully 70% of millionaires expect the S&P 500 will be up at least 5% next year, according to......

Thai youth party fails to make gains in local poll

Reuters
BANGKOK (Reuters) – The political successor of a banned party in Thailand that had strong support from young Thais failed to make inroads in weekend provincial elections that were held after months of youth-led protests. The ballot was the first since a general election last year and the first provincial......

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