Bank stocks surged after federal regulators on Thursday announced they plan to roll back post-financial crisis restrictions, including the Volcker Rule which prevent banks from making large investments into certain funds....
The reversal of the margin requirement for swaps trades could potentially free up an estimated $40 billion for Wall Street banks, BloombergShares of major banks soared on the news, leading the market to cut its losses from disappointing unemployment data and turn positive on Thursday morning. JPMorgan and Morgan Stanley saw their stocks rise more than 2%, while Citigroup and Bank of America are both up over 1.5%.
The Federal Deposit Insurance Corp. is set to join the OCC in approving the rule changes when it meets for a vote later on Thursday, but the Federal Reserve will still need to sign off on the move, according to Bloomberg.The Volcker Rule was originally established as part of the 2010 Dodd-Frank Act, with the aim offrom acting like hedge funds and taking irresponsible risks with their investments.
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These are the best stocks to own for the surge in 'staycations,' says Bank of AmericaNew for subscribers: These are the best stocks to own for the surge in 'staycations,' says Bank of America Check out CNBCPro for a free trial. Pro Bank of America is already fully invested in these stocks. Now they want you to pile in so you can run up the price so they can cash out at higher prices. See how this works? Pro $300 bucks a year for pro that's a ton for some of us. Oh pro must be for the super rich huh?
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Stocks slide lower on Wall Street as coronavirus cases surgeStocks are moving sharply lower on Wall Street after new coronavirus cases in the U.S. hit their highest level in two months Close the Southern border...🤯 WadaJP またドル円101の世界が来ると良いのですが。 The markets are being manipulated as much as possible by the Trump administration. However, with the continued rise of Coronavirus cases the numbers will not hold. The chickens will have finally come home to roost under the abysmal presidency of realDonaldtrump
La source: ABC - 🏆 471. / 51 Lire la suite »
Stocks Fall as Coronavirus Infections SurgeSeveral states reported new daily records of infections, adding to concerns about a second wave of cases around the world that could lead to renewed restrictions on business activity. Ignore covid at your peril. Why you only report Down days ? We see your BIAS. SIT TF DOWN My summer vacation in the Hampton’s is CANCELLED
La source: WSJ - 🏆 98. / 63 Lire la suite »
Stocks open lower on Wall Street as coronavirus cases surgeStocks are opening lower on Wall Street as investors are discouraged to see a surge in new coronavirus cases in the U.S. to their highest level in two months. The S&P 500 fell 0.6% in early... Who saw this coming? Oh yeah: everyone. Everyone saw this coming. The sheeple are about to learn a hard lesson in economics. The illusionary credit system is toast.
La source: AP - 🏆 728. / 51 Lire la suite »
U.S. Stocks Fall as Coronavirus Infections SurgeSeveral states reported new daily records of infections, adding to concerns about a second wave of cases around the world that could lead to renewed restrictions on business activity. Fed policy has made the recession/depression worse. They used 2008 playbook for 2020 crisis. Here it comes. Yeah, I wonder where the second wave is coming from? Here's a map of protests about 3 weeks ago. Vaccine is just months away. Buying oppty.
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Dell, VMware stocks surge on report of plans for strategic shakeupShares of Dell Technologies Inc. undefined and VWware Inc. undefined rallied in the extended session Tuesday following a report that Dell was considering... Grow_your_business_with_Perfect_SEO Increase_your_traffic When you hire us to work on your Digital Marketing,our goal is to utilize ALL available digital marketing channels to increase your traffic. msimamhasan SEO Digital digtalMarketing keywords Sanjay gone? Now, this is a surge I enthusiastically support!
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