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By Kevin Buckland TOKYO (Reuters) – Chinese stocks surged on Wednesday, lifting regional markets and helping extend a stimulus-fueled global rally that also underpinned risk-sensitive currencies, while Brent crude hovered near a three-week high. The dollar drooped after weak U.S. macroeconomic data overnight boosted the case for a second super-sized …

(Bloomberg) — Asian shares rose as a rally fueled by China’s wide-ranging stimulus package lifted equities for a second day and strengthened the yuan. Most Read from Bloomberg Chinese stocks extended gains after the People’s Bank of China on Tuesday unveiled the measures to support the economy and financial markets. …

Business Insider The stock market could jump as much as 10% by the year-end, Citi’s stock-trading strategy head said. Stuart Kaiser told Bloomberg TV that the uber-bull case is now “a plausible scenario.” He said the economy only needs to avoid a recession, which will ultimately depend on the labor …

Today I’m having a look at Costco and Target; two fellow big box retailers. Shares of retail powerhouse Costco (COST) have risen about 63%% over the past year, while Target (TGT) shares are up around 39% over the same time frame. Both stocks have performed well, but which is the better …

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The US Justice Department went after Visa (V) on Tuesday in a federal antitrust lawsuit alleging that the company illegally used the scale of its vast card processing network to block competition. Visa owns and controls the largest debit card processing network in the US, which processes more than 60% …

Tony Roth, chief investment officer for Wilmington Trust Investment Advisors (MTB), spoke with Quartz for the latest installment of our “Smart Investing” video series. Watch the interview above and check out the transcript, which has been lightly edited for length and clarity, below. ANDY MILLS (AM): Big tech names such …

Shares of Nvidia (NASDAQ: NVDA) surged higher on Tuesday, jumping as much as 4.8%. As of 3:20 p.m. ET, the stock was still up 4%. The catalyst that sent the chipmaker and artificial intelligence (AI) specialist higher were reports that the company’s chief executive was done selling stock for now. …

Cash Is Pouring Out of Money-Market Funds. What’s Hot Instead. Source link

Feature China / Contributor / Getty Images Key Takeaways Major U.S. stock indexes were slightly higher at midday Tuesday, as U.S.-traded shares of Chinese companies rose after Beijing unveiled a stimulus package to boost China’s economy. Nvidia shares climbed as Morgan Stanley analysts said the chipmaker is seeing strong demand …