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Bears surrendering again with S&P 500 rally defying all bad news
Potential dip buyers were seeing plenty of bleak headlines as U.S. stocks sold off last week. Growth was slowing. Another wave of virus infections was raging. The Federal Reserve mulled tapering monetary stimulus. And few stocks were supporting the market.
With fears growing that the worst was yet to come, hedge funds stepped up selling. During the first four days of last week, they dumped stocks at the fastest pace in four months, with short sales outpacing long buys by a ratio of 10-to-1, client data compiled by Goldman Sachs Group Inc.’s...
Potential dip buyers were seeing plenty of bleak headlines as U.S. stocks sold off last week. Growth was slowing. Another wave of virus infections was raging. The Federal Reserve mulled tapering monetary stimulus. And few stocks were supporting the market.
With fears growing that the worst was yet to come, hedge funds stepped up selling. During the first four days of last week, they dumped stocks at the fastest pace in four months, with short sales outpacing long buys by a ratio of 10-to-1, client data compiled by Goldman Sachs Group Inc.’s...
![Wall Street Today: Meme stocks post best day since June as GameStop, AMC surge](https://ussnsimg.moomoo.com/689932242864995862.jpg/thumb)
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Asia stocks eye cautious start amid growth concern: markets wrap
Asian stocks look set for a cautious open Friday as the delta virus strain and the prospect of reduced central bank stimulus weigh on the economic outlook, hurting commodities and bolstering the dollar.
Futures were modestly higher in Japan, Australia and Hong Kong. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 rose overnight in a choppy session, while Treasuries climbed and the dollar hit a nine-month high. Commodities have slumped, flashing a warning about the impact of Covid-19’s resurgence on the global recovery.
...
Asian stocks look set for a cautious open Friday as the delta virus strain and the prospect of reduced central bank stimulus weigh on the economic outlook, hurting commodities and bolstering the dollar.
Futures were modestly higher in Japan, Australia and Hong Kong. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 rose overnight in a choppy session, while Treasuries climbed and the dollar hit a nine-month high. Commodities have slumped, flashing a warning about the impact of Covid-19’s resurgence on the global recovery.
...
![Wall Street Today: Facebook hit with new antitrust suit from FTC](https://ussnsimg.moomoo.com/744315472266419347.jpg/thumb)
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For beginners, placing an order sometimes can be a difficult task.
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$
![[Video Tutorial] How to place an order on moomoo?](https://ussnsimg.moomoo.com/202106170000078178e2dd5e936.jpg/thumb)
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Hey moomooers,
Here is the latest Market Recap for you.
All three major averages notched record closes on Friday, rebounding from the previous session’s losses over concerns of a slowdown in global economic growth.
Stocks to watch: $JPMorgan (JPM.US)$, $Goldman Sachs (GS.US)$, $Bank of America (BAC.US)$. $American Airlines (AAL.US)$, $Norwegian Cruise (NCLH.US)$, etc.
Market Snapshot
Here is the latest Market Recap for you.
All three major averages notched record closes on Friday, rebounding from the previous session’s losses over concerns of a slowdown in global economic growth.
Stocks to watch: $JPMorgan (JPM.US)$, $Goldman Sachs (GS.US)$, $Bank of America (BAC.US)$. $American Airlines (AAL.US)$, $Norwegian Cruise (NCLH.US)$, etc.
Market Snapshot
![Market Recap: U.S. stocks recover to end Friday at record highs](https://ussnsimg.moomoo.com/4436708416285701818.jpg/thumb)
![Market Recap: U.S. stocks recover to end Friday at record highs](https://ussnsimg.moomoo.com/177616587218188525.jpg/thumb)
![Market Recap: U.S. stocks recover to end Friday at record highs](https://ussnsimg.moomoo.com/7403157806642000451.png/thumb)
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Hey moomooers,
Good evening. Here is the latest Market Recap for you.
The S&P 500 index and Nasdaq Composite posted fresh closing record highs Wednesday, after the Federal Reserve released minutes from its June policy meeting.
Stocks to watch: $Apple (AAPL.US)$, $DiDi Global (Delisted) (DIDI.US)$, $AMC Entertainment (AMC.US)$, $Beyond Meat (BYND.US)$, etc.
Market Snapshot
The S&P 500
index and Nasdaq Composite posted fresh closing record highs Wednesday after the Federal Reserve released minutes from its Jun...
Good evening. Here is the latest Market Recap for you.
The S&P 500 index and Nasdaq Composite posted fresh closing record highs Wednesday, after the Federal Reserve released minutes from its June policy meeting.
Stocks to watch: $Apple (AAPL.US)$, $DiDi Global (Delisted) (DIDI.US)$, $AMC Entertainment (AMC.US)$, $Beyond Meat (BYND.US)$, etc.
Market Snapshot
The S&P 500
index and Nasdaq Composite posted fresh closing record highs Wednesday after the Federal Reserve released minutes from its Jun...
![Market Recap: S&P 500, Nasdaq close at new highs buoyed by Apple's record close](https://ussnsimg.moomoo.com/1478253012366791260.jpg/thumb)
![Market Recap: S&P 500, Nasdaq close at new highs buoyed by Apple's record close](https://ussnsimg.moomoo.com/1776770359647033254.jpg/thumb)
![Market Recap: S&P 500, Nasdaq close at new highs buoyed by Apple's record close](https://ussnsimg.moomoo.com/4951543010263485867.jpg/thumb)
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Record stock sales from money-losing firms ring the alarm bells
Since the end of March, almost 100 unprofitable companies, including GameStop Corp. and AMC Entertainment Holdings Inc., have raised money through secondary offerings, twice as many as coming from profitable firms, according to data compiled by Bloomberg.
During the past 12 months, almost 750 money-losing firms have sold shares in the secondary market, exceeding those that make profits by the biggest margin since at least 1982, data compiled by Sundial Capital Research show.
In fact, the previous two periods in which unprofitable firms domi...
Since the end of March, almost 100 unprofitable companies, including GameStop Corp. and AMC Entertainment Holdings Inc., have raised money through secondary offerings, twice as many as coming from profitable firms, according to data compiled by Bloomberg.
During the past 12 months, almost 750 money-losing firms have sold shares in the secondary market, exceeding those that make profits by the biggest margin since at least 1982, data compiled by Sundial Capital Research show.
In fact, the previous two periods in which unprofitable firms domi...
![Wall Street Today: Record stock sales from money-losing firms ring the alarm bells](https://ussnsimg.moomoo.com/16248379896101-77777011-web-208ed91a064d08c6.jpg/thumb)
![Wall Street Today: Record stock sales from money-losing firms ring the alarm bells](https://ussnsimg.moomoo.com/2021062800000857f0659eaeb2b.jpg/thumb)
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U.S. stocks rose on Friday with the S&P 500 building on its rally to records, as investors bet that higher inflation will be temporary as the economy continues to recover from the pandemic.
Stocks to watch: $Nike (NKE.US)$ , $FedEx (FDX.US)$ , $Wells Fargo & Co (WFC.US)$ , $JPMorgan (JPM.US)$ , $Bank of America (BAC.US)$
Market Snapshot
The $S&P 500 Index (.SPX.US)$ rose nearly 0.33% to hit a record closing high of 4,280.70.
The ...
Stocks to watch: $Nike (NKE.US)$ , $FedEx (FDX.US)$ , $Wells Fargo & Co (WFC.US)$ , $JPMorgan (JPM.US)$ , $Bank of America (BAC.US)$
Market Snapshot
The $S&P 500 Index (.SPX.US)$ rose nearly 0.33% to hit a record closing high of 4,280.70.
The ...
![Market Recap: S&P 500 notches its biggest weekly advance since February](https://ussnsimg.moomoo.com/202106260000084852c2de519cc.jpg/thumb)
![Market Recap: S&P 500 notches its biggest weekly advance since February](https://ussnsimg.moomoo.com/16246743383436-77777011-web-8f00b204e9800998.png/thumb)
![Market Recap: S&P 500 notches its biggest weekly advance since February](https://ussnsimg.moomoo.com/16246746646827-77777011-web-8f00b204e9800998.png/thumb)
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