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Stocks Extend Record Winning Streak

The S&P 500 extended its record winning streak following a better than expected jobs report. (Fox Business) The S&P 500 eked out a fractional gain of 0.06 percent to extend its winning streak to six…

How Much Lower Can Mortgage Rates Go?

Mortgage rates just hit another low. The question now becomes, how long can they stay on this trajectory? (cnbc.com) If there is an upside to all the pandemic-induced uncertainty in the economy, it’s the rock-bottom…

Wall Street Frets Over Possible Biden Victory

Wall Street strategists are openly fretting about the outside chance of a blue wave this November. The impact on stocks will be "generally negative" if the party known for more sweeping regulations and higher taxes…

Market Ends Quarter With Remarkable Comeback

The market closed yesterday after notching its best quarter since 1987. The New York Stock Exchange (NYSE) showed remarkable resilience after enduring a historic sell-off triggered by the coronavirus. The Dow gained nearly 18% in…

Apple Reveals Major Technological Changes

Apple has revealed the changes it has in store for the next iteration of its devices. Perhaps most notably, Apple is ditching Intel chips in place of its own. (CNBC) Apple said the transition from…

Stock Market Shatters Another Record

Big tech stocks Amazon, Apple, Facebook, and Microsoft, all hit record highs by the time the New York Stock Exchange closed at 4:00 pm. The rally is the most definitive proof that tech stocks have…

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Stocks Surge Despite Historic News

Stocks rallied Friday, despite a historic low in the nation's labor force participation rate as positive news about the economic reopening and revival overshadowed unemployment numbers. (fox10phoenix.com) The Dow Jones Industrial Average gained 330 points,…