~marketwatch-com-top | Bookmarks (625)

Donald Trump’s White House administration may fuel the S&P 500’s rally to 7,000 by the end of  next year, as the apparently jubilant U.S. stock market runs the risk of a melt up, according to Yardeni Research.

Shares of GameStop Corp. stock continued their recent rally in Monday trading, with the videogame retailer and original meme stock ending the session up 9.6% to extend its winning streak to five sessions, the longest such streak since a seven-day stretch that ended on July 16, Dow Jones Market Data show.

“She has incurred a lot of debt due to the financial strain of a sick pet, a car loan, student loans and an unpaid military home loan.”

The Nov. 11 holiday, which honors those who have served in the military, dates back to the end of World War I.

Microinverter maker Enphase aims to “better align its workforce” with its business needs and will incur in up to $20 million in charges related to a restructuring.

The S&P 500 on Friday broke above 6,000 for the first time in history and the Dow Jones Industrial Average briefly crossed 44,000, but both indexes ended the day shy of their milestones to cap a volatile week that saw Donald Trump’s election as U.S. president and an interest-rate cut by the Federal Reserve.

In a post on Truth Media, Donald Trump said he has no intention of selling his shares in the social-media platform.

GameStop shares extended their winning streak to four days — their longest since a seven-day streak that ended on July 16.

Yields on U.S. government debt finished mixed on Friday amid lower volatility as traders absorbed the election of Donald Trump as U.S. president and the Federal Reserve’s 25-basis-point interest-rate cut.

Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more U.S. oil production.

Wall Street investors are bracing for a battle over Trump policies and plans that risk ballooning the U.S. debt load.

“Of the original 10 I had earmarked for removal from my life, I’m still in contact with two.”