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Oct 13 2024FINANCE

Which Presidential Candidate is Better for Wall Street?

In just over a month, voters will decide the country's future. While not all presidential actions affect Wall Street, the economic policies of the incoming administration can significantly impact the stock market. Over the past two terms, stocks have performed well. During Donald Trump's presidency

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Oct 12 2024FINANCE

China's Finance Minister Hints at Future Economic Boosts

China's Finance Minister, Lan Fo'an, recently suggested that there's room for more economic stimulus, but he didn't reveal any specific plans. This could mean new steps to boost the economy in the future, but what those might be is still a mystery. China's economy hasn't been doing great even after

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Oct 12 2024BUSINESS

China's Economy: A Waiting Game for Stimulus

China's Finance Minister, Lan Fo’an, hinted at possible economic boosts on Saturday but didn't reveal any concrete plans. This comes after the economy's slow recovery from COVID-19 restrictions lifted in late 2022. Companies are cautious, cutting back on jobs and pay, while a struggling property mar

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Oct 08 2024FINANCE

Jim Cramer: Don't Let Downgrades Sway You

Jim Cramer, a financial expert from CNBC, advised investors not to be swayed by stock downgrades or daily market fluctuations. He emphasized the importance of sticking with strong companies even when their share prices fluctuate. Cramer recalled the history of the long bull market, noting how downg

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Oct 08 2024BUSINESS

Big Moves Before the Bell: US-China Stocks Tumble, Tech Stocks Surge

Early morning trading was a rollercoaster ride for investors. Many US-listed Chinese stocks like online video giant Bilibili crashed by over 13%, with automaker Nio and e-commerce giants JD.com and Alibaba also taking heavy hits. The reason? China's state planner didn't announce any new stimulus pla

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Oct 07 2024BUSINESS

September's Job Numbers Shock Economists

The job numbers for September came as a huge surprise. The U.S. Labor Department reported 254,000 nonfarm payroll jobs added—way more than anyone expected. Economists had guessed around 150,000. That's almost like if you were expecting a few extra dollars in your pocket and found a whole twenty inst

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Oct 07 2024FINANCE

Is Micron a Smart Buy? A Young Investor’s Guide

Are you thinking about investing in Micron (NASDAQ: MU)? Let's explore the idea of "bottom fishing" for buy signals. Imagine you're at a pond, trying to catch the best fish with your net. In the stock market, "bottom fishing" means looking for stocks that are undervalued but have potential to rise a

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Oct 07 2024FINANCE

Stocks in Motion: Big Winners and Losers on Monday

Let's talk about stocks that made big moves on Monday. The day started with stock futures going up slightly, kicking off the third quarter of 2024. Spirit AeroSystems (SPR) had a fantastic day, jumping over 8% after Boeing announced they'll buy the company for around $8.3 billion. This is a big deal

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Oct 07 2024POLITICS

Stocks Surge After Attempt on Trump's Life

Cryptocurrency and gun manufacturers saw a boost in their stocks after an attempt on former President Donald Trump's life. Trump was not seriously hurt, but the incident had a notable impact on the market. Crypto stocks like Coinbase and Riot Platforms rose between 5% and 8.5%. The stock of Trump's

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Oct 05 2024FINANCE

Stocks Surge After Surprising Jobs Report Boosts Confidence

On Friday, stocks had a great day! The S&P 500 went up by 0.9% to hit 5,751.07, and the Nasdaq Composite did even better with a 1.22% increase to 18,137.85. The Dow Jones Industrial Average also had an amazing day, adding 341.16 points for a new record high of 42,352.75. The jobs report for Septemb

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