$525 billion. That was Exxon's market capitalization at its peak in 2007; it's now down to about $175 billion. To compare, Wells Fargo has fallen to about $123 billion from a high of $320 billion at the start of 2018.It's been a terrible year for cyclical sectors like energy and financials, which tend to outperform during periods of economic prosperity but fall hard during recessions.
banks," Fitch Ratings analysts said in a note December 15, reiterating a negative rating for the sector and saying performance shouldn't ramp up until later in the year once vaccination efforts prove economically fruitful.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
ElItalianoFB
Cue the worlds tiniest violin...
good.
Prosperous Work from Home Online Solution!!
Quick give them a few billion!
Shoulda put their treasuries into Bitcoin, Right Uncle Saylor? michael_saylor
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These stocks are likely to beat the market over the next year, says Wells Fargo'The portfolio has neither a Growth nor a Value bias, but is tilted toward Momentum,' Wells Fargo equity analyst Christopher Harvey told clients. Pro Crypto is the future and I have a cryptocurrency promotional investment opportunity for interested people. DM for details i FastMoney Pro now
Source: CNBC - 🏆 12. / 72 Read more »
Options market shows investor jitters as the stock market slips from record highsTraders scooped up hedges against losses, particularly in the technology sector, just as the major averages rolled over on Tuesday. Pro The PE Ratio is still too high as far as I'm concerned Pro
Source: CNBC - 🏆 12. / 72 Read more »
Mike Santoli’s market notes: Stocks taking a breather, Apple is up as the market rebalancesNew for subscribers: Mike Santoli’s market notes: Stocks taking a breather, Apple is up as the market rebalances. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »
Mike Santoli’s market notes: GameStop party gets out of hand, market uptrend remains intactNew for subscribers: Mike Santoli’s market notes: GameStop party gets out of hand, market uptrend remains intact. Check out CNBCPro today. Pro IT IS A FREE MARKET. You don’t like it gtfo. It’s never a problem when hedge funds are making the millions but when us little guys start winning, it’s a bad thing. F-you and the institutions. Pro Naked shorting is illegal anyway, nice of you to straight up lie $GME 🦧
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Nasdaq futures fall, Tesla in bear market, Home Depot declinesNew for subscribers: Stock market live updates: Nasdaq futures fall, Tesla in bear market, Home Depot declines. Check out CNBCPro today. Pro Tesla buying bitcoin was the equity and bitcoin top.
Source: CNBC - 🏆 12. / 72 Read more »
Mike Santoli’s market notes: Too early to say if this is a durable market comebackThis is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. Pro It's not a comeback. Nasdaq is still in red. Pro WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
Source: CNBC - 🏆 12. / 72 Read more »