Loading...

STOCKS GO NOWHERE: Here’s what you need to know - kawan-kawan Hallo JOHOR BAHARU NEWS, Dalam artikel yang anda baca kali ini dengan tajuk STOCKS GO NOWHERE: Here’s what you need to know, Kami sediakan artikel ini untuk anda membaca dan mendapatkan maklumat di dalamnya. Mudah-mudahan kandungan posting Artikel Berita, Artikel ekonomi, Artikel kesihatan, Artikel maklumat umum, Artikel politik, Artikel sukan, Kami menulis ini, anda boleh memahami. Baiklah, membaca baik.

Tajuk : STOCKS GO NOWHERE: Here’s what you need to know
link : STOCKS GO NOWHERE: Here’s what you need to know

STOCKS GO NOWHERE: Here’s what you need to know

Michael Buholzer/Reuters

Brown bear Bjoerk sleeps with her four-month-old bear cub in the public bear park in Bern April 5, 2010.

Stocks were little changed in trading on Tuesday after the White House rolled out their massive budget for the federal government.

All three major US stock indexes ticked up, but not by much.

We’ve got all the headlines, but first, the scoreboard:

• Dow: 20,939.11 +44.28, (+0.21%)
• S&P 500: 2,398.26
  , +14.26, (+0.18%)
• Nasdaq: 6,136.06, +2.41, (+0.04%)
• US 10-year yield: 2.285%, +0.031
• WTI crude oil: $51.48, +0.35, +0.68%

1. The White House released the fiscal year 2018 budget proposal. The proposal would slash funding for a wide range of domestic projects including farm subsidies, Medicaid, education programs, the Environmental Protection Agency, and more. Defense spending would increase if the budget were adopted.
2. The budget proposal relied on very rosy ideas about US economic growth. The budget said that GDP growth would hit 3% in 2019 and maintain that level every year through 2027. Office of Management and Budget Director Mick Mulvaney said that everything in the budget is “keyed to getting us back to 3%” growth. Economists do not think this level of growth is likely to be achieved.
3. The owner of Corona reportedly offered to buy the owner of Jack Daniels but was turned down. Constellation Brands has approached Brown-Forman for an acquisition, according to a report by CNBC’s Leslie Picker. Brown-Forman was not interested in selling itself, the report on Tuesday said.
4. One of the world’s largest commodities traders is reportedly in talks to make a big entry into America’s agriculture market. Shares of the agriculture-trading giant Bunge jumped by as much as 16% on Tuesday following a report that the mining giant Glencore approached the company for a takeover.
5. The US Labor Department will implement its fiduciary rule on June 9 with no further delays. The department’s rule, which requires brokers offering retirement investment advice to act in the best interests of their customers, has been heavily criticized by Republicans and Wall Street amid concerns it may make investment advice too costly. Consumer-protection groups have long advocated the rule, however.
6. New-home sales plunge by a lot more than expected. Sales slumped by 11.4% at a seasonally adjusted annual rate of 569,000, the Census Bureau said in its monthly report. Economists had forecast that sales of new single-family homes fell by 1.8% at a seasonally adjusted annual rate of 610,000, according to Bloomberg.

Additionally:

Big stock market shocks aren’t scaring investors anymore

2,000 Wall Streeters just had a meeting in Las Vegas and they all kept making the same awkward noise

Trump’s budget is facing massive blowback in Congress — and Republicans are some of the loudest complainers

Google’s Waymo could eventually be a $70 billion company

Traders can make a killing chasing the ‘smart money’

More from Bob Bryan:

• STOCKS GO NOWHERE: Here’s what you need to know
• Trump’s budget is facing massive blowback in Congress — and Republicans are some of the loudest complainers
• Trump’s budget only works ‘if you believe in tooth fairies’
• Trump’s budget calls for staggering cuts to Medicaid, food stamps, and many other domestic programs
• Trump’s budget asks for $1.6 billion to build the wall along the US-Mexico border

NOW WATCH: 9 phrases on your résumé that make hiring managers cringe

Please enable Javascript to watch this video

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.

✍ Sumber Pautan : ☕ Business InsiderBusiness Insider

Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qTDQ5M

(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!

Thus Article STOCKS GO NOWHERE: Here’s what you need to know

Itulah artikel STOCKS GO NOWHERE: Here’s what you need to know Kali ini, mudah-mudahan dapat memberikan manfaat kepada anda semua. dengan baik, melihat anda dalam menghantar barang-barang lain.

Anda sedang baca artikel STOCKS GO NOWHERE: Here’s what you need to know dengan alamat pautan https://johorbaharunews.blogspot.com/2017/05/stocks-go-nowhere-heres-what-you-need.html

Tweet

Subscribe to receive free email updates: