30% of the US population has been fully vaccinated, according to the Centers for Disease Control and Prevention. (Image: REUTERS) Amid a global lockdown in 2020, Wall Street saw a massive surge in the so-called ‘stay-at-home’ stocks. These included the likes of Zoom Video, Netflix, and other tech stocks that benefitted from people staying confined
Wall Street
Economic growth ahead could be much broader and stronger than any of the cycles seen earlier. (Image: REUTERS) Some Wall Street investors have switched back to defensive trades after a strong rally in equity indices saw them surge to record highs. Investors moved their focus towards defensive, choosing large-caps over mid-cap and small-caps, and went
After being bruised and beaten in the previous year owing to the pandemic and a global lockdown, the shipping industry is recovering steadily. (Image: REUTERS) After being bruised and beaten in the previous year owing to the pandemic and a global lockdown, the shipping industry is recovering steadily. Last week, the Baltic Dry Index hit
The upcoming week would be crucial for investors with the Federal Reserve Meeting on Cards, crucial earnings, and Joe Biden set to address a joint session of Congress during the week. (Image: REUTERS) Wall Street saw a volatile trading week, marred by reports of Joe Biden eyeing a capital gains tax as high as 43%.
Apart from the benefits of the physical infrastructure that would be created using this, Michael Zezas, Head of Public Policy Research and Municipal Strategy for Morgan Stanley believes the money flow could also aid Wall Street. (Image: REUTERS) Wall Street could soon benefit from the massive infrastructure spending being planned by the Joe Biden administration.