by Takeesha Wade | Jan 11, 2021 | News
U.S. equity futures were flat in overnight trading on Monday after breaking a win streak as investors grew worried about stocks’ stretched valuations. Dow futures rose 30 points. S&P 500 futures lost 0.1% and Nasdaq 100 futures rose 0.18%.On Monday, equities...
by Takeesha Wade | Jan 11, 2021 | News
Cars drive past a Walmart store in Washington, DC, on August 18, 2020.Nicholas Kamm | AFP | Getty ImagesWalmart said Monday that it’s creating a fintech start-up with Ribbit Capital, one of the venture capital firms behind Robinhood.The big-box retailer did not...
by Takeesha Wade | Jan 11, 2021 | News
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta.Christopher Dilts | Bloomberg | Getty ImagesInterest rates could rise sooner than forecast as the economy recovers more quickly than expected from the throes of the Covid-19...
by Takeesha Wade | Jan 11, 2021 | News
Jeffrey GundlachAdam Jeffery | CNBCJeffrey Gundlach, founder of DoubleLine Capital, raised concerns on Monday about the stock market’s high valuation relative to historical levels and believes rising inflation could upend investors this year.”At...
by Takeesha Wade | Jan 11, 2021 | News
A Nio ES6 electric vehicle is on display at an automotive experience area of Wanda Plaza on Nov. 28, 2020 in Beijing, China.VCG | Visual China Group | Getty ImagesCheck out the companies making headlines midday on Monday:Nio — U.S.-listed shares of the Shanghai-based...