Month: July 2021

Wall Street stocks follow European and Asian bourses lower

Equities updates

Wall Street stocks followed European and Asian bourses lower on Friday after markets were buffeted this week by jitters over slowing global growth and Beijing’s regulatory crackdown on tech businesses.

The S&P 500 closed down 0.5 per cent, although the blue-chip index still notched its sixth consecutive month of gains, boosted by strong corporate earnings and record-low interest rates.

The tech-focused Nasdaq Composite slid 0.7 per cent, after the quarterly results of online bellwether Amazon missed analysts’ forecasts. The tech conglomerate’s stock finished

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3 Dividend Stocks to Buy Hand Over Fist If the Market Crashes

I am absolutely convinced that the stock market is going to crash. However, I don’t have the remotest idea when it will happen. It could be in 2021 or it could be several years from now.

There’s also something else that I’m convinced about: Buying certain dividend stocks when the market crashes is a smart idea. You can lock in fantastic yields when you invest in the right dividend stocks that are trading at low prices. 

What are the best stocks to scoop up during a major market meltdown? The list includes quite a few great picks. Here are three

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Arsenal agree loan transfer with further deals expected

Arsenal agree loan transfer with Blackpool for Tyreece John-Jules with further deals expected in summer window as part of academy shake-up . (Photo by Malcolm Couzens/Getty Images)

Arsenal are having no issue in securing loan departures for their promising young talents with a deal completed that will see Tyreece John-Jules join Blackpool on loan for the entirety of the 2021/22 season.

It hasn’t been the same story higher up, where moving players on this summer has proved troublesome for the Gunners’ first team squad due to the big wages their mediocre unwanted stars find themselves on.

There are no such

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UAC appoints Funke Ijaiya-Oladipo as Group Finance Director

The Board of Directors (“Board”) of UAC of Nigeria PLC (“UAC” or the “Company”) resolved on July 28 2021 that Mrs. Funke Ijaiya-Oladipo shall be appointed as Group Finance Director of UAC with effect from July 28 2021.

In addition to her other responsibilities, Funke Ijaiya-Oladipo will serve as an Executive Director on UAC’s Board. Prior to this appointment, Funke Ijaiya-Oladipo was UAC’s Group Chief Financial Officer, with overall responsibility for the Company’s finance function.

Her previous roles with UAC include serving as Head Investor Relations, responsible for strategic stakeholder management and aligning UAC’s capital market activities with its strategic

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bitcoin price: Top cryptocurrency prices today: Bitcoin, Ethereum flat; XRP jumps 9%

New Delhi: After a decent rally, major cryptocurrencies were trading flat at 9:30 hours IST on Thursday. Crypto bulls were tired after a sharp run in the last one week. However, XRP emerged as an exception, which was just shy of a double-digit gain.

The global crypto market cap jumped to $1.54 trillion, almost flat compared to the last day. However, the total crypto market volume declined 11 per cent to $86.65 billion.

Bitcoin broke above $40,000 on Wednesday and was headed for another attempt at breaking from its months long range as short sellers bailed out and traders drew

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Asian stocks sink after Wall St pulls back from record

BEIJING – Asian stock markets declined Wednesday after Wall Street pulled back from a record as investors awaited a Federal Reserve report for signs of when U.S. stimulus might be withdrawn.

Investors also were uncertain how much farther China will go with a regulatory crackdown that set off a slide in its internet share prices.

Shanghai, Tokyo and Sydney retreated while Hong Kong advanced.

Investors were digesting U.S. earnings reports while worries increased after the Centers for Disease Control and Prevention recommended even vaccinated people return to wearing masks indoors in areas where the coronavirus’s more contagious delta variant is

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S&P 500 falls from a record ahead of big earnings, snaps a 5-day win streak

U.S. stocks fell for the first time in six days on Tuesday ahead of quarterly earnings reports from several megacap technology companies.

The S&P 500 declined nearly 0.5% to 4,401.46, led to the downside by consumer names, tech and energy. The broad equity benchmark dropped 1.1% at its session low. The Dow Jones Industrial Average fell 85.79 points, or 0.2%, to 35,058.52, after dropping as much as 266 points earlier. The Nasdaq Composite slid 1.2% to 14,660.58. The major averages all slipped from their respective records reached in the previous session, breaking their five-day winning streaks.

Shares of UPS tumbled

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Chelsea, Crystal Palace agree Conor Gallagher loan

With just a couple weeks to go until the start of the new Premier League season, it’s time to start making some decisions about players’ futures and trim the first-team squad to a manageable number. Thomas Tuchel hinted at as much after Tuesday’s friendly win at Bournemouth as well, especially with seven more first-team players set to return from extended post-international tournament holidays.

One player whose future appears to have been clarified is young Conor Gallagher, who was the only one to play the full 90 on Tuesday, but now looks set to leave on loan for Crystal Palace

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What Is Cryptocurrency? Everything You Need to Know About Bitcoin, Ether, Dogecoin, and More

Cryptocurrency investment in India and around the world reached new heights in 2021 after the market witnessed a surge in the first four months. As the value of cryptocurrencies like Bitcoin and Dogecoin set new records, interest in them also rose. Then came the dip. In one crash in May, the digital coins lost most of their gains. But while some investors lost their money, others that got in early made huge profits too, and interest has only risen since then.

Cryptocurrency has generated huge curiosity. More and more people are getting involved in the trade of this new digital

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Inflation, delta risks sparking an ‘inflection point’ for stocks

Longtime market bull Phil Orlando is bracing for a rough stretch because Wall Street has reached a critical “inflection point.”

The Federated Hermes chief equity market strategist is blaming the risk dynamic. Not only does Orlando see hotter-than-expected inflation and the Covid-19 delta variant as glaring issues, he’s also worried about uncertainty surrounding monetary and fiscal policy.

“We’re entering what is historically a seasonally choppy period of time, and we’ve got a bunch of things that are coming together at the same time,” he told CNBC’s “Trading Nation” on Monday. “We’ve got this surging inflation. We’ve got questions about what

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