Finance

Gundlach said 2019 will continue to be a volatile year. He said he expects higher yields will hurt stocks in a “tug of war.” The stock market will be in a push-pull with rates expectations going forward. Gundlach highlighted the difference between the Federal Reserve’s tightening agenda reflected in its dot plot and the bond
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Check out the companies making headlines before the bell: Eli Lilly — The pharmaceutical giant announced it will buy Loxo Oncology — a company that specializes in cancer drugs — for $8 billion in cash, or $235 per share. The offer represents a premium of about 68 percent to Loxo’s closing price on Friday. Shares
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Tesla was set Monday to hold the groundbreaking ceremony for its first non-U.S. factory in Shanghai, according to CEO Elon Musk. “Looking forward to breaking ground on the Tesla Shanghai Gigafactory today!” Musk tweeted Monday morning Beijing time. Elon Musk tweet: Looking forward to breaking ground on the @Tesla Shanghai Gigafactory today! He added in
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Elijah Nouvelage | Bloomberg | Getty Images Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the American Economic Association and Allied Social Science Association Annual Meeting in Atlanta, Georgia, U.S., on Friday, Jan. 4, 2019. Fed Chairman Jerome Powell sparked a huge stock market rally after he delivered just the message investors wanted
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Investors are hoping a strong December jobs report and dovish words from the Federal Reserve chairman will ease rising concerns about an economic slowdown. The December employment report, released at 8:30 a.m. ET Friday, is expected to show 177,000 non-farm payrolls were added, after 155,000 in November, and an unchanged unemployment rate of 3.7 percent,
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Stock-market investors entered panic mode after the wild ride to end 2018, meaning it might be a good time to buy equities, according to Tobias Levkovich, chief U.S. equity strategist at Citigroup. Citigroup’s Panic/Euphoria model hit panic levels after a massive drop in stock prices last month, Levkovich said. This indicates “high probabilities of making
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The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw recommends a call spread in Disney. Carter Worth recommends the Russell 2000 small-cap ETF. Brian Kelly recommends shorting the U.S. Dollar. Trader disclosure: Brian Kelly is long AMD, CBOE, CME, GCAP, GS, HIVE, IBM, MCB, MSFT, MU, NVDA, OSTK,
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Check out the companies making headlines before the bell: Amazon.com – Amazon is planning a significant expansion of its Whole Foods grocery stores, according to The Wall Street Journal. The paper said Amazon is scouting new locations in more suburbs, and in areas where Whole Foods is already growing in popularity. Deutsche Bank – Deutsche
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