Wayne Duggan - Spark Newswire

2 minute read

Digital World Acquisition Corp Is By Far The Most Shorted SPAC: The Other Top SPACs Short Sellers Are Targeting

Today, 7:22 AM

Digital World Acquisition Corp (NASDAQ: DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly

ALTU

2 minute read

What’s Next For The Market After Aggressive Fed Rate Hike, Hot Jobs Report?

By Wayne Duggan

Today, 7:22 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) lost 2.65% this week in the opening days of November after the Dow Jones Industrial Average gained 14% in October, its best month since 1976.

AMZN

2 minute read

Robinhood Traders Beat The S&P 500: Is The Retail Investor Back?

By Wayne Duggan

Today, 7:22 AM

Robinhood Markets Inc (NASDAQ: HOOD) stock traded lower Friday, giving up some of its post-earnings gains after the popular online trading platform reported better-than-expected third-quarter revenue and

AAPL

3 minute read

‘Position For A Recovery In The Stock Market’: 8 Experts React To October Jobs Report, What It Means For The Fed

By Wayne Duggan

Today, 7:22 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday after the Labor Department reported strong U.S. jobs market numbers from October.

SPY

1 minute read

US Economy Adds 261,000 Jobs In October, And It’s Showing No Signs Of Cooling

By Wayne Duggan

Today, 7:22 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday morning after the Labor Department reported strong U.S. jobs market numbers from October.

SPY

2 minute read

Federal Reserve Issues Fourth Straight 0.75% Interest Rate Hike: Here’s What The Fed Says Comes Next In Inflation Fight

By Wayne Duggan

Today, 7:22 AM

The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 3.75% and 4%, its fourth 0.75% rate hike in five months.

SPY

2 minute read

M&A Activity Plunges In Echo Of Great Recession: Here’s What Apollo Global Management Just Said About Its Latest Deal

By Wayne Duggan

Today, 7:22 AM

The merger and acquisition market has slowed dramatically in recent months as market volatility and persistently high inflation has prompted dealmakers to take a more conservative approach to M&A.

APO

3 minute read

Wall Street Expects Another 0.75% Interest Rate Hike This Week, But Timing Of Fed Pivot Is Key

By Wayne Duggan

Today, 7:22 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) gave up some of its October gains on Monday morning ahead of a critical Federal Open Market Committee inte

SPY

2 minute read

Friday Market Wrap: Dow Jones Index Aims For Best October In Its History

By Wayne Duggan

Today, 7:22 AM

The Dow Jones Industrial Average rallied on Friday to close out its fourth straight week of gains despite some disappointing big tech earnings reports.

AMD

2 minute read

EXCLUSIVE: StartEngine CEO Talks SeedInvest Acquisition, Why Equity Crowdfunding Is Thriving

By Wayne Duggan

Today, 7:22 AM

Crowdfunding platform StartEngine has announced a buyout deal to acquire competitor SeedInvest from the Circle Internet Financial affiliate Pluto Holdings in a deal that will combine two of the largest equity crowdfunding platforms in the market.

ATVI