Global Economy

Stocks slip as big post-election rally pauses, Wall Street still headed for best week in months

Stocks were flat on Friday as traders looked for clarity around the presidential and congressional election results. Sentiment was kept in check by better-than-expected U.S. unemployment data. The Dow Jones Industrial Average traded 15 points lower, or less than 0.1%. The S&P 500 fell marginally. The Nasdaq Composite dipped 0.2%. Shares of Facebook, Netflix, Alphabet […]

Investment

Guggenheim’s Scott Minerd believes in post-election rally, has ‘fairly positive’ market outlook

Guggenheim Partner’s Scott Minerd told CNBC that Wednesday’s rally on Wall Street makes sense, despite the uncertain outcome in the presidential race between President Donald Trump and Democrat Joe Biden. “I was always of the opinion, regardless of the outcome, short of getting anarchy in the street, that this would be good for stocks,” the […]