Author: super@dmin
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The Tell: Billionaire David Tepper says stock market tumbled too sharply Monday — so now he’s ‘nibbling’
Hedge-fund star David Tepper says that the stock market’s violent Christmas eve selloff has compelled him to nibble at beaten-down stocks.
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Metals Stocks: Gold hovers near 6-month highs as dollar, stocks struggle
Gold futures markets try for fresh six-month highs Monday as bullion marks early gains, underpinned by a weaker dollar.
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Market Extra: Which stock and bond markets close, and when, for Christmas and New Year’s holidays
A Santa Claus rally doesn’t look to be forthcoming—unless the market stages a miraculous turnaround. That said, at least market participants can look forward to a few days off over the next few days as investors observe Christmas and New Years.
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Economic Report: Busy factories offset softer jobs reading in improved Chicago Fed national activity index
Improved factory performance offset some softening seen in an otherwise strong job market, pushing up a broad measure of the U.S. economy from the Chicago Federal Reserve in November.
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Need to Know: The technical bounce that’s ready to drive the S&P 500 back to 2,700
On the last trading day before Christmas, and not even a full session, there’s plenty for investors to wrap their heads around. Our call of the day says really, this has gone far enough and watch for a tech bounce to drive the S&P right back up.
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Bond Report: Treasury yields slip amid Washington-fueled market jitters
Treasury prices are rising on Monday to kick off the holiday-truncated week after reports President Donald Trump mooted firing Federal Reserve Chairman Jerome Powell.
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Currencies: Dollar slides in thin holiday trading
The U.S. dollar edges lower on Monday, in the past week of 2018 trading, as the U.S. government is partially shut down and the greenback is still recovering from last week’s Federal Reserve interest raise increase.
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Outside the Box: Republicans in Congress fiddle while Trump burns
Elected representatives must set limits on the president now, writes Chris Edelson.
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FA Center: Here’s what worries Wall Street more than a recession
Investors’ reaction to early December jobs report spoke to their fears, writes Mark Hulbert.
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NerdWallet: How to help your older parents stay safe online
Some older people can be vulnerable to fraud. Here are 4 tech tasks you can do now to protect your folks.