Markets


Markets Right Now: Asian shares tumble as Trump gains Markets Right Now: Asian shares tumble as Trump gains
- November 10, 2016

On Wall Street, the Dow Jones finished the day up by 1.4% at 18,589.69. Stocks are turning higher in midday trading on Wall Street after shaking off an early stumble. The election uncertainty also jolted currency markets, sending investors fleeing from the dollar. Stocks got off to a firmer start amid an optimistic view that Democratic contender Hillary Clinton would win the USA presidential election on Tuesday, but gave up gains and accelerated their downswing after media reports of ... (more...)
Ways President-Elect Trump May Shake Up Trade Policy Ways President-Elect Trump May Shake Up Trade Policy
- November 10, 2016

But he owes his supporters - and now the country - much more than that. The one certainty is that Trump "will face fewer obstacles in pushing through his agenda" because of the Republican majorities in the House and Senate, Greene said. Trump vowed to double rival Hillary Clinton's proposed spending on infrastructure . "That's adding another Texas to the economy after five years". (more...)
Jobless claims rise to highest in nearly three months
- November 10, 2016

While payroll gains have cooled from last year's pace, they probably remained solid in October, with a 175,000 rise projected by analysts ahead of a separate government report due Friday. That's a big reason factories have shed almost 50,000 jobs in the past 12 months. It may be too late to affect Tuesday's election, but the economy is finally delivering real wage growth to American workers. (more...)
Federal Reserve Maintains Rates, Hints At December Hike
- November 10, 2016

Inflation had increased somewhat, but was still below the Committee's 2% longer-run objective. The most significant change reflected evidence of stronger inflation. But the Fed on Wednesday signaled that the central bank could raise rates again as soon as December because officials saw a pick-up in the US economy and inflation. (more...)
Inc. (NYSE:CHD) from Cleaning Products - Todays Top Gains Inc. (NYSE:CHD) from Cleaning Products - Todays Top Gains
- November 10, 2016

Assetmark Inc. now owns 2,246 shares of the company's stock valued at $108,000 after buying an additional 1,106 shares during the last quarter. (NYSE:CHD) by Wall Street prominent brokerages has resulted to a mean price target of $49.55 on its stock. (more...)
Futures Mixed, Japan Skyrocketing as Investors Mull Trump, Currencies Futures Mixed, Japan Skyrocketing as Investors Mull Trump, Currencies
- November 10, 2016

The turnaround followed a reversal in 10-year Treasuries. "His victory speech helped turn markets a bit", said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wis. The Dow Jones industrial average jumped 1.4 percent to end at 18,589.69, just 0.25 percent below its all-time high set in August. South Korea's Kospi shed 3.4 percent to 1,935.98, the Shanghai Composite index fell 1.3 percent to 3,106.23 and Australia's S&P ASX/200 in sank 1.9 ... (more...)
Woman pushed in front of oncoming train
- November 10, 2016

Liverpool is being held without bail after her arraignment Tuesday on a murder charge. According to authorities, the two women were seen arguing on the subway platform and Liverpool pushed Watton onto the tracks in front of an approaching train. (more...)
California porn-film condom measure trails California porn-film condom measure trails
- November 10, 2016

Proposition 60 was behind 53 percent to 47 percent with about 3.5 million votes counted. "I feel like things are trending in our direction and I'm really happy to see it", Steven Hirsch, co-chairman of Vivid Entertainment, said late Tuesday night. (more...)
Google Pixel vs iPhone 7 Plus: Which Smartphone Has The Best Camera? Google Pixel vs iPhone 7 Plus: Which Smartphone Has The Best Camera?
- November 10, 2016

Google Pixel will be unveiled on October 4 at a launch event to be held in San Francisco. Google's latest Pixel and Pixel XL smartphones along with previous Nexus devices are receiving Android Security Patch for the month of November. (more...)
New Rs 500, Rs 2000 notes at ATMs from Friday
- November 10, 2016

Anil Bokil of Arthkranti, a Pune based financial think tank is the man who reportedly suggested some of the key measure to contain the flow of black money in economy and banning the big currency notes was one of them. There is no change for the lower denomination notes and coins starting from Rs. 1 to Rs. 100. How will this move help prevention of black money? He said anyone making large bank deposits in the coming weeks would find themselves the target of Indian tax authorities. (more...)
The brain behind Modi's sudden attack on 'black money' The brain behind Modi's sudden attack on 'black money'
- November 10, 2016

On Wednesday morning, more than the usual number of Indian customers turned up frantically looking to exchange their Indian bank notes, according to local money changers. "It's a good measure", said Anuj Mathur, a banker who was among more than two dozen people lined up outside a south New Delhi ATM machine at about 10 p.m. (more...)
Bodies found on SC man's property were buried for a year Bodies found on SC man's property were buried for a year
- November 10, 2016

A husband and wife were identified as the second and third bodies discovered in the SC property of Todd Kohlhepp, Spartanburg County coroner announced on Wednesday (9 November). The search of Kohlhepp's 95-acre property will be scaled down Tuesday, said Lt. Kevin Bobo, spokesman for the Spartanburg County Sheriff's Office. Bobo would not comment on how Kohlhepp knew the Coxies. (more...)
For global economy, Trump victory intensifies uncertainties For global economy, Trump victory intensifies uncertainties
- November 10, 2016

China faces the risk of steep penalties - and USA consumers would pay higher prices as a result - if his vow is carried through. The overall economy still is likely to get at least some degree of a hangover from the surprise Trump victory - while Clinton's policies were expected to be an extension of Obama's, Trump's are more unpredictable, and many businesses may decide to be cautious about hiring and spending until they know more. (more...)
Punjab Act scrapping water sharing with neighbouring states illegal, says Supreme Court Punjab Act scrapping water sharing with neighbouring states illegal, says Supreme Court
- November 10, 2016

The Centre will now take over the canal and continue building it. The water-sharing agreement is among Punjab, Haryana, Rajasthan, Himachal Pradesh, Delhi and Jammu and Kashmir. All Congress MLAs in the Punjab Assembly have resigned after the judgement. Haryana had revived the long-pending Reference after the Punjab Cabinet gave the green signal for tabling the Punjab Sutlej Yamuna Link Canal (Rehabilitation and Re-vesting of Proprietary Rights) Bill, 2016, in the Assembly. (more...)
Dollar rises as investors re-price Trump victory
- November 10, 2016

Around 8:03 a.m. ET, they held about 23 points lower and 76 points lower, respectively. "Dollar/yen is getting positive support from the turnaround in USA stocks, positive support from the yield spreads and generally speaking we're seeing pretty consistent price action across these different markets". (more...)
Apple Pay in Australia Expanding to 31 Small Banks and Credit Unions Apple Pay in Australia Expanding to 31 Small Banks and Credit Unions
- November 10, 2016

Apple chose to not launch this Holiday incentive in 2014 or 2015, and so we very much doubt it will return this year either. Other merchants offering special promotions include Lululemon , Overstock , Shopify , and more, and Apple says its roster of promotional partners is going to expand further soon. (more...)
Families win bedroom tax exemption Families win bedroom tax exemption
- November 10, 2016

The ruling pointed out that housing benefit regulations allow claimants to have an additional bedroom where children can not share a bedroom because of a disability and that this exemption should be extended - as in the case of the Carmichaels - to adults. (more...)
ITV Predicts 7% Q4 Ad Drop Due To ITV Predicts 7% Q4 Ad Drop Due To "Political And Economic Uncertainty"
- November 10, 2016

The company has said that the United Kingdom advertising market has been affected this year by June's Brexit vote. Studios-the company's production arm-saw revenue grow 18% to GBP923 million. Mr Crozier said ITV has a "strong line-up" of new and returning dramas, including Victoria, Poldark, Cold Feet , Thunderbirds and Prime Suspect . (more...)
Egypt players determined to beat Ghana, says skipper El-Hadary Egypt players determined to beat Ghana, says skipper El-Hadary
- November 10, 2016

Gyan suffered an injury in a league match last week, ruling him out of the crucial game which will be played in Alexandria. Egypt started their training camp on Monday in Alexandria, with all foreign-based players arriving at the camp following their European weekend matches. (more...)
2 dead, including gunman, in shooting near California polls
- November 10, 2016

Three people were taken to local hospitals, two by helicopter. Their conditions were not immediately known. They had identified the deceased victim as Francis Varney, 77, of Azusa. He then shot at another woman making her way down the street. She said: "I heard pow, pows - then a rain of fire". "As of right now, they just have us in the voting room and are trying to keep us calm". (more...)

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