• Another Wall Street strategist is forecasting a summer of struggles for the stock market - here are his 4 reasons why

    3 monthes ago - By Business Insider

    As fears of a trade war swirl and valuations climb back to near-record levels, many equity strategists across Wall Street are staying positive on US stocks through the end of 2018.
    There is, however, a growing chorus of experts calling for a rocky patch to strike stocks over the summer. Barry Bannister, the head of institutional equity strategy at Stifel, is the latest to join.
    Bannister outlines the four reasons why he expects the benchmark S&P 500 to struggle in the third quarter.
    As signs of a late-cycle environment mount, equity strategists across Wall Street have remained surprisingly...
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  • Teradata sues Germany's SAP, alleging it stole trade secrets

    Teradata sues Germany's SAP, alleging it stole trade secrets

    3 monthes ago - By Reuters

    FRANKFURT - SAP SE , Europe's most valuable technology company, was sued on Wednesday by U.S. company Teradata , which accused it of stealing trade secrets, copyright infringement and anti-trust violations.
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  • Media stocks, techs boost S&P; Nasdaq hits record high

    3 monthes ago - By Reuters

    A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to a record high, but the Dow remained under pressure from an escalation in the U.S.-China trade spat that has slammed global markets.
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  • Wall Street advances as media stocks gain; Nasdaq hits record

    3 monthes ago - By Reuters

    Technology and media stocks pushed Wall Street higher on Wednesday and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions.
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  • Tech companies lead US stocks higher as trade fears ease

    3 monthes ago - By Chron

    NEW YORK - U.S. stocks are mostly higher Wednesday morning as global markets let go of some of their fears about the growing trade dispute between the U.S. and China. Technology companies and banks are making some of the largest gains. Twenty-First Century Fox is jumping after it agreed to a new deal with Disney, which will buy Fox's entertainment businesses for $71.3 billion. Walgreens rose after it was added to the Dow Jones industrial average, where it will replace General Electric next week.
    KEEPING SCORE: The S&P 500 index rose 5 points, or 0.2 percent, to 2,767 as of 10:15 a.m...
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