Tag: New York Stock Exchange

Wall Street Exec Considers a U.S. Senate Run for Stabenow’s Seat in Michigan

Admin

A Wall Street executive is considering a run for United States Senate in Michigan for retiring Democratic Sen. Debbie Stabenow’s seat in 2024 as Republicans have yet to court a serious contender for the vacancy, according to Politico.

Vice Chairman of the New York Stock Exchange and Michigan native John Tuttle served under former President George W. Bush’s Political Affairs Office and has been working on Wall Street since 2007, according to Politico. The Wall Street executive could potentially face Democratic opposition from Rep. Elissa Slotkin, and has already been corresponding with Republicans in Michigan and Washington, D.C.

Read More

Major Chinese Telecom Companies Kicked Off New York Stock Exchange Following Trump Executive Order

Admin

Three major Chinese telecom companies will be removed from the U.S. stock market after President Donald Trump banned investing in companies that aid China’s military.

On Jan. 11, China Mobile, China Telecom and China Unicom will be removed from the New York Stock Exchange, CNN reported. The telecom companies are all major state-owned firms that the U.S. suspects are tied to the Chinese military.

Read More

Wall Street Tilts Higher Again on Economic Recovery Hopes

The Associated Press

Wall Street’s rally is spilling into a new week as most stocks continue to ride the high supplied by Friday’s surprisingly encouraging report on the U.S. jobs market.

The S&P 500 was up 0.5% in midday trading on Monday, bringing it back within 5.3% of its record set in February, as optimism strengthens that the worst of the coronavirus-induced recession may have already passed. Stocks that would benefit most from an economy that’s growing again were rising the most, but pullbacks for a handful of big tech stalwarts were keeping the market’s overall gains in check.

Read More