Record closes across the board with small caps/NASDAQ leading the way, but some market big cap favorites not joining in.

Russell index rises by 2.36%. The major indices are all closing at record high levels, with today the Dow Industrial Average joining the S&P, Nasdaq and smaller cap Russell 2000 index (they each closed at records on Friday).   The indices are also closing near the highs for the day. Leading the way is the Russell 2000 which is […]

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Major indices close lower with the NASDAQ leading the way

NASDAQ down -0.87% All 3 major indices are ending the day lower. The NASDAQ led the way with a decline of -0.87. Both the S&P index and Dow industrial average never traded above unchanged on the day. The Russell 2000 which outperformed yesterday, underperform today with a decline of -1.46% The final numbers are showing: S&P index -27.29 points or -0.72% […]

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Deutsche Bank should play leading role in banking consolidation – CEO

© Reuters. BERLIN (Reuters) – Deutsche Bank (DE:) is gaining in financial strength, putting Germany’s largest lender in a position to play a leading role in European banking consolidation, CEO Christian Sewing was quoted on Sunday as saying. “We continue to do better and therefore meet the criteria to sit at the table when it […]

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The Dollar’s Leading Rivals All Have Their Own Drawbacks

© Reuters. The Dollar’s Leading Rivals All Have Their Own Drawbacks (Bloomberg Markets) — The dollar’s rise to become the dominant currency started after World War I, but it was only definitively confirmed by the Bretton Woods accord reached in 1944. President Trump has accelerated America’s turn away from some of the post-World War II […]

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Head of leading Hispanic-owned U.S. food company sparks backlash over praise for Trump

© Reuters. Goya products are pictured in the specialty food isle at a Ralphs grocery store in Pasadena By Steve Gorman (Reuters) – Goya Foods Inc, the largest Hispanic-owned U.S. food company and a popular brand among Latino Americans, became the target of a boycott campaign on social media on Friday sparked by its CEO […]

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