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January 20, 2021

Stock markets

New map shows where China’s latest virus cases are clustered

CNBC
CNBC – For more and to sign up click here Health care worker conducts throat swab test in Shijiazhuang, Hebei province, China on Jan. 18, 2021. Costfoto | Barcroft Media | Getty Images More than half a year since Covid-19 stalled its spread within mainland China, new clusters of cases......

Stocks making the biggest moves midday: Roku, Peloton, DraftKings, American Express and more

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CNBC – For more and to sign up click here John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle |......

Foreigners poured money into China as the world struggled with the coronavirus pandemic

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CNBC – For more and to sign up click here A person walks past a Microsoft logo at the Microsoft office in Beijing, China August 4, 2020. Thomas Peter | Reuters BEIJING — Foreigners put more of their money in China last year as the country’s size and growth stood......

Stock futures rise slightly after Wall Street’s losing week

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CNBC – For more and to sign up click here Traders on floor of the New York Stock Exchange. Source: New York Stock Exchange U.S. stock futures moved modestly higher on Monday evening as Wall Street looked to bounce back from a rough week ahead of President-elect Joe Biden’s inauguration.......

The wealthy are investing like a market bubble is here, or at least near

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CNBC – For more and to sign up click here If an investor with $1 million or more in the market thinks that a stock bubble is already here — or soon enough one will be coming — what is the correct response? According to a new survey from E-Trade......

Political chaos won’t make a dent in the market. Here’s why

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CNBC – For more and to sign up click here The Capitol is seen behind a fence and a sign, in Washington, U.S., January 15, 2021. Joshua Roberts | Reuters History tends to repeat itself, for better or worse. On Wednesday, January 6th, 2021, the U.S Capitol Building was invaded......

‘I don’t see anything on the horizon that can stop the growth of the ETF market,’ Invesco official says. Here are her 2021 predictions

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CNBC – For more and to sign up click here After a record year in 2020, the exchange-traded fund space is set to continue its rapid growth, Invesco says. The industry’s ability to accrue over $500 billion in new assets last year “proves a couple of things,” Anna Paglia, the......

Cramer’s week ahead: Opportunities are abounding, but must be spotted first

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CNBC – For more and to sign up click here Stocks fell Friday, despite a new coronavirus relief spending proposal that the incoming Biden administration hopes to pass, in a sign that Wall Street players received just what was expected, CNBC’s Jim Cramer said. President-elect Joe Biden, who is set......

Biden heads into inauguration with a stock market tailwind

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CNBC – For more and to sign up click here U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, January 8, 2021. Kevin Lamarque | Reuters President-elect Joe Biden moves into the White House in the coming week......

Two senior managers from one of China’s top vaccine companies have resigned

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CNBC – For more and to sign up click here A health worker shows a dose of China’s Sinopharm Covid-19 vaccine at a vaccination center in the Jordanian capital Amman on January 13, 2021. Khalil Mazraawi | AFP | Getty Images BEIJING — Sinopharm, a state-owned giant in China’s coronavirus......

5 high-end electric SUVs available in China right now

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CNBC – For more and to sign up click here A Tesla charging station in a hotel parking lot. Zhang Peng | LightRocket | Getty Images BEIJING — When it comes to China’s electric car market, the high-end SUV segment is one start-ups and foreign brands alike are competing heavily......

Calm stock market may be anticipating Biden’s more normal White House

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CNBC – For more and to sign up click here U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, U.S., January 8, 2021. Kevin Lemarque | Reuters President-elect Joe Biden’s inauguration next week is expected to usher in......

CEO of world’s largest money manager sees stocks rallying in 2021 but not as much as last year

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CNBC – For more and to sign up click here BlackRock‘s Larry Fink told CNBC on Thursday that he believes the stock market has further room to run higher. However, the chairman and CEO of the world’s largest asset manager cautioned that the rally may not be as robust as it......

Netflix vs. Disney: Tips from two traders on playing the rival streaming stocks

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CNBC – For more and to sign up click here Who’s the top dog in streaming? While Nielsen’s “Tops of 2020” report highlighted Netflix’s lead in original and acquired television series, one relative newcomer is making a big splash on the streaming cinematic front: Disney. Nielsen said seven of last......

China reports first Covid death in more than six months as WHO investigators arrive

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CNBC – For more and to sign up click here Medical workers collect swab samples from residents at a community Covid-19 testing site in Qiaoxi district of Shijiazhuang, capital of north China’s Hebei Province, Jan. 7, 2021. Yang Shiyao | Xinhua News Agency | Getty Images BEIJING — Mainland China......

China’s electric automakers have potential, but consultant warns ‘there’s bound to be a correction’

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CNBC – For more and to sign up click here SINGAPORE — Chinese electric vehicle companies such as Nio, Xpeng and Li Auto are strong companies, but their stocks are likely to see a correction, the chief executive of an auto consulting firm told CNBC this week. That’s because their......

Stock futures rise following Wednesday’s slight gains

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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......

Homebound families are spending more time and money on pets, Zoetis CEO says

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CNBC – For more and to sign up click here Pet ownership rates rose during the coronavirus pandemic, creating a strong growth driver for the animal industry overall, Zoetis CEO Kristin Peck told CNBC’s Jim Cramer on Wednesday. As Americans began spending more time at home last year, pet adoptions......

Goldman Sachs’ chief economist warns a pullback for stocks could be coming soon

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CNBC – For more and to sign up click here A trader at the New York Stock Exchange (NYSE) at Wall Street in New York City. Johannes Eisele | AFP | Getty Images Goldman Sachs Chief Economist Jan Hatzius said that U.S. stocks and bond markets could possibly “take more......

Warren Buffett-backed BYD’s new luxury sedan jumps into the top 10 electric cars sold in China last year

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CNBC – For more and to sign up click here Customers view a BYD Han electric vehicle at a shopping mall on July 12, 2020 in Hangzhou, China. Long Wei | Visual China Group | Getty Images BEIJING — As China’s electric car market heats up, Tesla and BYD are......

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