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On Thursday investors will get more information on how much consumer prices rose last month. Technology stocks, banks and industrial companies pulled the broader market lower. Health care companies made solid gains, as did cruise line operators. The yield on the 10-year Treasury edged up to 1.57%.
Dizzying valuations, IPO craze tick boxes on bubble checklistShare issuance, initial public offerings and blank-check companies have grown so popular that record after record fell in 2020. U.S. companies sold $368 billion in new stock last year, 54% more than the prior high.
from Stoc… Read MoreBond yield ratio shows India’s still attractive on relative valuationAmid overwhelming consensus to not bet against the Fed, the accent is on relative valuation. India scores better compared with its EM counterparts on the relative valuation matrix. As a result, Asia’s third-largest economy ha… Read MoreIndian IT likely to report strong Q3 numbers: AnalystsIncreased tech spend, rise in deals and lower-than-usual furloughs signal better days for Indian tech firms
from Stocks-Markets-Economic Times https://ift.tt/3pJqTZl
… Read MoreBitcoin rallies above $30,000 for first timeBitcoin advanced more than 300% in 2020, and with the latest leg higher has added more than 50% since crossing $20,000 just two weeks ago.
from Stocks-Markets-Economic Times https://ift.tt/2X6qGmQ
… Read MoreQ3 earnings & vaccine roadmap among key factors that may guide market this weekFIIs were net buyers in the equity segment last week, with gross purchases of Rs 24,099.89 crore and gross sales of Rs 18,110.96 crore, leading to a net inflow of Rs 5,988.93 crore.
from Stocks-Markets-Economic Times https:/… Read More
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