Finance: STOCKS EXPLODE TO RECORD HIGHS: Here's what you need to know

US stocks surged to new record highs amid investor expectations that the final version of the GOP tax bill will be released on Friday evening. US stocks surged to new record highs amid investor expectations that the final version of the GOP tax bill will be released on Friday evening. The S&P 500 soared 0.8%, while the Dow Jones Industrial Average increased 0.6% and the more tech-heavy Nasdaq 100 index climbed 1%. First up, the...

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Finance: A photo from the CEO of Goldman Sachs is fueling Twitter takeover chatter and the stock is surging (TWTR)
Dec15

Finance: A photo from the CEO of Goldman Sachs is fueling Twitter takeover chatter and the stock is surging (TWTR)

Twitter's stock surged after Goldman Sachs' CEO tweeted a picture of himself at the company's headquarters, and traders are positioning for more gains. Twitter's stock surged as much as 7.3% on Thursday after Goldman Sachs CEO Lloyd Blankfein tweeted a picture of himself at the company's headquarters. Goldman had reportedly advised Twitter in takeover discussions with Disney last year, and the tweet fueled...

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Finance: A photo from the CEO of Goldman Sachs is fueling Twitter takeover chatter (TWTR)
Dec15

Finance: A photo from the CEO of Goldman Sachs is fueling Twitter takeover chatter (TWTR)

Twitter's stock surged after Goldman Sachs' CEO tweeted a picture of himself at the company's headquarters, and traders are positioning for more gains. Twitter's stock surged as much as 7.3% on Thursday after Goldman Sachs CEO Lloyd Blankfein tweeted a picture of himself at the company's headquarters. Goldman had reportedly advised Twitter in takeover discussions with Disney last year, and the tweet fueled...

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Finance: JPMorgan's quant guru says there are still huge stock gains to come — if GOP tax reform gets done

The US stock market is still not even close to pricing in the full positive effect of a successful GOP tax bill, says JPMorgan quant guru Marko Kolanovic. The US stock market is not even close to pricing in the full positive effect of a successful GOP tax bill, says JPMorgan quant guru Marko Kolanovic. The firm has a 2018 year-end price target of 3,000 for the S&P 500, which ties it with Oppenheimer as the most bullish on Wall...

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Finance: How you feel about Trump's economy probably depends on whether you own stocks
Dec14

Finance: How you feel about Trump's economy probably depends on whether you own stocks

Americans who own stocks are much more likely to have a favorable view on what Donald Trump has done to the economy, according to a survey. Americans who own stocks are much more likely to have a favorable view on what President Donald Trump has done to the economy, according to a Public Policy Polling survey. The S&P 500 is up 25% since Trump's election victory last November. If you play the stock market, then you're...

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