Judul : STOCKS DO NOTHING: Here’s what you need to know
link : STOCKS DO NOTHING: Here’s what you need to know
STOCKS DO NOTHING: Here’s what you need to know
Stocks barely budged on Monday as gains in energy stocks offset losses in raw-material producers.
All three major indices slid less than 0.2% after reaching new records on Friday.
First up, the scoreboard:
- Dow: 21,184.42 -21.87, (-0.11%)
- S&P 500: 2,435.95, -3.19, (-0.13%)
- Nasdaq: 6,295.63, -9.58, (-0.15%)
- US 10-year yield: 2.182%, +0.023
- WTI crude oil: $47.37, -0.29, -0.61%
1. The ‘smart money’ is playing tug of war with a crucial part of the Trump trade. Hedge funds and large-cap mutual funds disagree about the future prospects of the financial sector, which has been a shining spot of the Trump trade since the presidential election.
2. A secret weapon is propping up global markets: A reservoir of cash that makes it easy for investors to buy on dips. The $5 trillion in capital sitting on the sidelines is close to the highest in history, and could spell more gains for equities and bonds alike.
3. Young adult homeownership in the US is at a record low, but some housing economists are still bullish on demand. Reasons for the slump include less affordable housing for millennials, a record level of student debt, and increased spending on rentals.
4. The slowdown in US dealmaking since 2015 is cause for concern. This year through June 5, 7,561 deals were announced, the lowest count since 2013, according to S&P Global Market Intelligence. That’s worrying to Citigroup.
5. Trump is planning to roll out his plan to improve the nation’s infrastructure this week. The president will hold a rally in Ohio on Wednesday to make a case for his $1 trillion proposal.
ADDITIONALLY:
SUMMERS ASKS DIMON: How far does Trump have to go for you to denounce him?
China just went full-on Big Brother on its credit card system
BAML: Apple isn’t the only smartphone stock you should buy
Millennials are ditching chains like McDonald’s for different kinds of fast food
A daily cup of coffee ends up costing a lot more than you think
Tesla is sliding after Toyota sold its entire stake in the company
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qR8E65
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
Appear First on Khabar Melayu
Demikianlah Artikel STOCKS DO NOTHING: Here’s what you need to know
Anda sekarang membaca artikel STOCKS DO NOTHING: Here’s what you need to know dengan alamat link https://khabarmelayu.blogspot.com/2017/06/stocks-do-nothing-heres-what-you-need.html