Tech stocks weigh on Wall Street; Australia trying to ‘stick it’ to tech; US weekly jobless claims unexpectedly rise; and Robinhood, hedge fund chiefs face irate questions at hearing.
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TFT News TV
Wall Street ended solidly higher and the S&P 500 and Nasdaq closed at record highs Thursday; US Treasury Secretary Janet Yellen is calling a meeting of top financial regulators this week to discuss market volatility driven by retail trading in shares favored on social media; and former President Donald Trump's lawyers on Thursday rejected a request from Democrats for Trump to testify at his impeachment trial.
TFT News TV: 01/21/21
Democrat Joe Biden was sworn in as president of the United States, The Dow, the S&P 500 and the Nasdaq set fresh record closing highs on Wednesday, and Morgan Stanley’s profits surged in the fourth quarter.
TFT News TV: 01/20/2021
Stocks rallied across the board on Tuesday after Treasury Secretary nominee Janet Yellen backs big stimulus, Goldman Sachs and Bank of America profits top estimates, and Trump’s legacy analyzed.