Jobs Data Disappoints
The unemployment rate just notched up to 6.1% and the U.S. only added 266,000 jobs in April, according to the Bureau of Labor Statistics. The consensus estimate was that the US would add 1 million jobs in April, so the report was a huge miss for economists.
Biden's Cap Gains Tax Hike for Millionaires Spooks Markets
President Joe Biden just proposed doubling the capital gains tax rate, which currently stands at 20%, for some of America's top earners. According to Bloomberg, federal tax rates could be as high as 43.4% for people earning more than a million dollars each year. As soon as reports of this tax hike came in, we saw stocks move sharply lower. Bitcoin also fell below $50,000 following the news.
NYSE Trader Optimistic about Earnings
Peter Tuchman with the NYSE discusses being back at the exchange, what the economic indicators mean for markets, his expectations for earnings, and the next generation of traders.
Open Doors To A World Of Fashion (NYSE:FTCH)
Open Doors To A World Of Fashion is a celebration of optimism, open-mindedness and the joy of togetherness, championing the diverse global community of creatives and creators that is FARFETCH (NYSE:FTCH).
Rocket Companies Lists on the NYSE
Rocket Companies Lists on the New York Stock Exchange
Famous Wall Street Trader Reflects on Worst Week for Stocks Since 2008 Crisis
Quattro Securities Broker Peter Tuchman shares the latest from the floor of the New York Stock Exchange during what's shaping up to be the worst week for stocks since the Financial Crisis. The most-photographed trader on Wall Street has witnessed a lot of historic moments, but he says the fast and furious Coronavirus selling has led to the speediest correction he's ever seen, with stocks tumbling more than 10% from their recent highs.
The ETF Show - 2020 Industry Outlook
WBI's President & Chief Investment Strategist, Matthew E. Schreiber, gives us his take on the ETF investment landscape for the year ahead. The NYSE's Head of Exchange Traded Products, Douglas Yones, offers his insights into the industry outlook.
NYSE to Add 'Human Market Makers' to ETFs
The NYSE plans to boost the 'human' element in the ETF listing process. Douglas M. Yones, Head of Exchange Traded Products at the New York Stock Exchange offers insights into the latest ETF Quarterly Report.