Breaking News
recent

10 things you need to know before the opening bell

Stock Market Traders
Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City.

Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.

Sign up for Insider Investing for your weekly markets analysis.

1. US stocks inching higher. Fed Chair Jerome Powell said the economy is recovering faster than expected - but investors are keeping an eye on rising Covid cases in Europe.

2. Fidelity joins the race for the first US bitcoin ETF. The funds giant applied to list an ETF that tracks the price of bitcoin as the race to set up the first ETF of this kind heats up.

3. Stimulus checks are driving less retail-investing this time around. JP Morgan found most investments have been into traditional sectors and that the uptick in retail investing is broader now.

4. The majority of US investors thinks the stock markets is rigged against individuals. 56% of investors and 41% of non-investors "strongly agree" or "somewhat agree" a new study shows.

5. Reddit traders celebrated GameStop's new $175 price target. E-commerce sales and digital transformation were cited as an explanation for the valuation by Jeffries.

6. Earnings expected. China Mobile and PetroChina have published Q4 2020 data.

7. Coming up on the economic calendar. Fourth-quarter US GDP is due today, over in Europe, ECB President Christine Lagarde and Bank of England Governor Andrew Bailey are delivering speeches.

8. Goldman Sachs is on the hunt for companies poised to boost dividend payouts the most in 2021. The firm says to buy these 49 stocks best-positioned to maximize cash distributions to investors.

9. An innovation ETF is crushing competitors with 40% returns this year even as tech stocks flounder. The provider breaks down its 2-part playbook for selecting moonshots - and knowing the perfect time to sell.

10. The SPAC boom turned David Gallers' 'niche product' into a $615 million strategy within 2 years. The co-founder of Wealthspring Capital breaks down how he picks SPACs for his high-net-worth clients in a portfolio that returned 21% last year.

Read the original article on Business Insider


from Business Insider https://ift.tt/3smtpGJ
via IFTTT
Oyetoke Toby

Oyetoke Toby

No comments:

Post a Comment

© CITGuru. Powered by Blogger.