Daily Trade

Wall Street has begun to see more borrowers with blemished credit fall months behind on their subprime auto loans, a potential sign of cracks emerging in consumer credit as the Federal Reserve moves to fight inflation. Subprime auto loans had been a surprisingly strong corner of household debt in the past two years of pandemic,
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Overseas e-commerce investing just got a little bit easier as China’s government signals readiness to support the market. Pinduoduo offers an intriguing entry point after a steep drawdown. Investors should consider a starter position and be prepared to add if the share price drops. Shanghai, China-based Pinduoduo (NASDAQ:PDD) provides an e-commerce shopping platform that’s meant to
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History will mark the Russian invasion of Ukraine as a devastating attack on the peaceful community of democracies. And that America and its allies—so inured with a sense of moral and systemic supremacy—committed six strategic errors that summoned aggression and ultimately let an invasion degrade into a humanitarian tragedy. Economic appeasement First, at the end
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A brief wobble aside, the U.S. stock market is taking Federal Reserve Chairman Jerome Powell’s decision to fully unleash the inflation-fighting side of his monetary policy persona in stride. That may be a surprise to some investors as Treasury yields soar and money-market participants price in an aggressive round of benchmark interest rate increases after
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The market’s de-rating of Shopify is justified given slowing growth and the overall contraction in growth stock valuations. Similar to what played out with AMZN stock 20 years back, SHOP could make a partial recovery within a reasonable timeframe. However, before that rebound happens, investors should watch out for another sharp decline. Spiking back after
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Tesla raised the base price of its cars again Rivals have failed to deliver in the mid-market What China tells the U.S. about the future of electric vehicles Tesla (NASDAQ:TSLA) stock is down 17% in 2022. Investors are no longer paying as big a premium for growth. Even at its March 18 opening price of
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U.S. stock futures on Monday edged lower after the strongest weekly performance in more than a year, as Russia continued attacking Ukraine with no diplomatic progress in sight. What’s happening Futures on the Dow Jones Industrial Average YM00, -0.33% fell 94 points, or 0.3%, to 34539 Futures on the S&P 500 ES00, -0.17% fell 0.2%,
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Rep. Liz Cheney said Sunday that Donald Trump’s actions during the Jan. 6, 2021, Capitol siege amounted to a “supreme dereliction of duty,” and that the House committee investigating the insurrection may recommend “enhanced criminal penalties” for officials who failed to carry out their duties. In an interview Sunday with NBC News’ “Meet the Press,”
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U.S. stock futures pointed to losses on Friday, ahead of “massive” options expirations and amid worries over the continued Russia-Ukraine war. Still, major indexes were set for the best weekly returns since late 2020. How are stock-index futures trading? S&P 500 futures ES00, -0.58% dropped 0.6% to 4,374 Dow Jones Industrial Average futures YM00, -0.49%
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