Markets News Stocks 

As stock markets gears up for Santa rally, threat of shutdown could sideline investors

“We expected significant upside risk for equities on a successful legislative outcome on U.S. tax reform” reports foxbusiness.com. Wall Street believes tax reform will be the key catalyst to drive stocks higher going forward.And even as pundits play down the possibility of government coming to a screeching halt, the threat may keep some jittery investors sidelined.December is among the best months for equities and stocks tend to outperform toward the end of the year. Source: foxbusiness.com Share This:

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Markets News Stocks 

As stock market gears up for Santa rally, threat of shutdown could sideline investors

“And even as pundits play down the possibility of government coming to a screeching halt, the threat may keep some jittery investors sidelined” writes Markets Reporter for marketwatch.com. Market sentiment will likely be buoyant following the release of the final version of a tax bill that is expected to be voted on next week.Wall Street believes tax reform will be the key catalyst to drive stocks higher going forward. “We expected significant upside risk for equities on a successful legislative outcome on U.S. tax reform.As investors gear up for the…

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News Stocks 

IPO activity surged in 2017, thanks to pick up in tech stocks

“There were 374 global IPOs over the course of the year, the highest number since 2014, when 413 companies went public” writes Markets Reporter for marketwatch.com. While some of the most high-profile initial public offerings of 2017 disappointed, with the stocks trading down significantly from their debut prices, they helped the overall IPO market stage a sharp rebound in activity from 2016. Source: marketwatch.com Share This:

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News Stocks 

Wall Street hits record highs as GOP tax bill nears goal line

“Stocks rallied to new records Friday, as Republican lawmakers wrapped up a tax-cut bill ahead of a scheduled vote next week” reports foxbusiness.com. Republicans are finalizing a sweeping tax bill that would mark a major legislative win for President Donald Trump, making good on a promise to lower rates for individuals and businesses.Late changes to expand the childcare tax credit won Sen. Source: foxbusiness.com Share This:

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Crypto News Stocks 

Weekend roundup: Bitcoin, bitcoin and more bitcoin | Extreme market calls | A happy inheritance dilemma

“Rather than speculating on bitcoin, it might be safer to invest in stocks of companies that benefit from cryptocurrency trading” writes Investing Columnist for marketwatch.com. Here are the risks and opportunities from this new ability to go long or short bitcoin.Despite recent declines, it’s been a good year for gold GC1, -0.01% which has risen 9% through Dec. 14.Analysts share their thoughts about how seven bitcoin rivals may perform in 2018. Source: marketwatch.com Share This:

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Crypto Futures News Oil Stocks 

US stocks move broadly higher in early trading; oil rising

“U.S. stocks moved broadly higher in early trading Friday, erasing modest losses from the day before” writes The Associated Press for seattletimes.com. THE BITCOIN TRADE: Bitcoin futures surged on their fifth day of trading, climbing $1,330, or 7.9 percent, to $18,130 on the Cboe Futures Exchange.The stock added $8.76 to $195.29.OFF THE RAILS: CSX slumped 7.6 percent after the railroad operator said CEO Hunter Harrison is on leave “due to unexpected complications from a recent illness.” The stock shed $4.35 to $52.96. Source: seattletimes.com Share This:

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News Stocks 

European stocks face day 3 of losses as retailers, banks slide

“Meanwhile, worries surrounding Republican-led efforts in Washington to cut taxes cropped up again, sending U.S.-listed bank shares lower Thursday, and European bank stocks followed that lead Friday” writes Markets Reporter for marketwatch.com. Expectations for tax cuts and an overhaul in U.S. tax polices have at times boosted bank stocks worldwide throughout the last year.Among bank stocks, shares of Société Générale SA GLE, -1.28%  lost 1.2%, Commerzbank AG CBK, -0.77%  fell 0.6% and Barclays PLC BARC, -1.33% BCS, +0.46%  was down 1.4%.Stocks across Europe were lower Friday, as retail and bank…

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