S&P 500, Dow tumble as Wall Street heads for monthly losses

A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo

  • S&P 500 set to snap seven-month winning streak
  • Indexes down: Dow 1.25%, S&P 0.86%, Nasdaq 0.30%

Sept 30 (Reuters) – The S&P 500 and the Dow tumbled on Thursday as concerns over economic growth and a possible government shutdown saw Wall Street headed for a steep monthly drop, while losses in the Nasdaq were mitigated by major technology stocks.

A batch of mixed economic data spurred large swings in the markets, as investors weighed a

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Stock Market News For Today October 6, 2021

Stock Market Futures Edged Lower After Tech-Led Rebound Rally Tuesday

Stock market futures are ticking lower in early morning trading on Wednesday. The reversal of Tuesday’s positive sentiment did not apply to the U.S. stock market alone. Earlier today, stocks in Asia and Europe were mostly lower as all sectors and major bourses slid into negative territory. Investors today could be looking at the ADP private payrolls for more indications of the country’s economic health.

Meanwhile, Constellation Brands (NYSE: STZ) and Acuity Brands (NYSE: AYI) are reporting their earnings before the opening bell today. Rising inflation

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Season of Shylock lenders: Micro-loan companies launch attacks on borrowers’ reputation to recover debts as more cash-trapped Nigerians take advantage of lending firms

Faced with cash crunch and hard times, many Nigerians now resort to borrowing money from micro-loan companies that resort to damaging the reputation of loan defaulters to recover debts, LESI NWISAGBO writes

Joshua Madubuike was going through a rough financial patch that most adults living in Nigeria could  relate with. He needed money urgently to solve a pressing need. He had reached out to the people around him but everybody was equally having a tough time. Though it was relatively a paltry sum, his efforts to raise the sum were to no avail. This was in

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Tools you need to become a professional cryptocurrency trader

Trading in cryptocurrency is risky and lucrative at the same time. The market is very volatile and can successfully make or break a millionaire within the space of minutes.

However, regardless of how difficult the market is, with the right knowledge, information, and most importantly with the right tools, you can safely manage the risk and make the best out of the market.

In this piece we have tried to compile seven important tools beginners need to become professional crypto traders, these tools are also used by experts whenever they are trading to manage their risk.

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Dow jones share price: Wall St ends choppy session lower on earnings jitters; financials down

NEW YORK: US stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season.

Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co results on Wednesday.

Indexes reversed early gains after midday and added to losses just before the close. JPMorgan shares were down 2.1% and among the biggest drags on the S&P 500 along with Amazon.com , which fell 1.3%. The S&P financial index was down 1%, while communication services dropped 1.5%.

“The market is a

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Why Wall Streeters are traveling again : NPR

Wall Streeters are not only back at their offices, but they are also heading to the airports again, even as many companies continue to keep their workers at home.

Timothy A. Clary/AFP via Getty Images

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Timothy A. Clary/AFP via Getty Images

Wall Streeters are not only back at their offices, but they are also heading to the airports again, even as many companies continue to keep their workers at home.

Timothy A. Clary/AFP via Getty Images

Zoom calls and Slack chats don’t cut it for Wall Street anymore.

At a time when many are still working

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Stock market: Q3 earnings’ anticipation to sustain bullish outlook

As investors gain N656bn

By Nkiruka Nnorom  

Investment analysts have indicated that the expectation of release quarter three(Q3) earning reports by quoted companies will sustain the positive sentiment in the market. 

They posited that though the market might be dominated by bears but that would be tempered by bargain hunting in anticipation of the results releases.

READ ALSOOil market: Prices hit the roof over low US stocks

Investors had gained N656 billion last week despite the shortened trading session. The bullish momentum in the local bourse had gained steam as the All Share Index (ASI) rose above the 40,000 to

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Honeywell: Battling with Increasing Finance Cost, Others

Darasimi Adebisi
Honey Well Flour Mills Plc in its result and accounts for year ended March 31, 2021 recorded a significant increase in finance costs and cost of sales amid stronger growth in revenue.

The company was faced with hike in raw and packaging material consumed, coupled with high interest on borrowing and overdraft in the period under review.

Given the increase in production activities, challenges with foreign exchange and COVID-19 induced disruptions in global trade which affected the sourcing of raw and packaging materials, cost of sales grew by 41.13 per cent to N93.97 billion in year under review

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How to Invest in Cryptocurrency in Six Easy Steps

Cryptocurrencies have emerged as an asset class that provides you with a chance to invest and earn substantial returns. Despite the lack of government backing, this asset class, has garnered massive popularity in recent years. The probability of handsome returns over a short period has propelled investors to jump onto the crypto bandwagon. Here are steps that will enable you to trade in these digital currencies.

Step 1: Select Right Crypto Exchange
Due to the absence of crypto regulation in India, there is no fixed structure or uniformity to trading in cryptocurrency. But with the help of the crypto exchanges’

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Stocks give up an early gain and end lower on Wall Street

Stocks closed broadly lower after a day of choppy trading on Wall Street Monday as investors prepare for a busy week of corporate earnings and inflation updates.

The major indexes made early gains, but slowly fizzled as the day progressed. The S&P 500 fell 30.15 points, or 0.7%, to 4,361.19. The benchmark index gained as much as 0.6% in the early going.

The Dow Jones Industrial Average fell 250.19 points, or 0.7%, to 34,496.06 and the Nasdaq shed 93.34 points, or 0.6%, to 14,486.20.

Technology and communications stocks had some of the biggest losses. Facebook fell 1.4% and Intuit fell

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