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        • Mortgage rates today, April 3, 2020 plus reviews
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Bulls have been rejected at $7,000
          • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
          • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Prime ICO Advertising and marketing Companies
          • Bank of America U.S. Minimum Hourly Wage Reaches $20
            • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
              • Roll up the Sleeves! American Airlines was down -10.34%
              • Mortgage calculator rates today April 2, 2020
              • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
              • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
                • With Bank of America card you can request a payment deferral online
                  • Bank of America fields 150,000 installment deferral demands
                • Coronavirus – Travel Insurance no cover cancellations
                  • Bank of America said it won’t cut any positions
              • Bitcoin Price Today April 2 – BTC rise to $6,700
              • Mortgage calculator rates today March 31, 2020
              • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
              • Bitcoin Price Recovering After a Sharp Decline
              • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
              • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
            • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
            • P2P Crowdlending – Average Interest Rate 18%
            • $633 Million BTC Transferred For Simply $0.26 Payment
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
      • Bitcoin Price Rejected $6,600
        • Payment Systems
          • Monzo News
            • Stock Market Today 31 March, 2020
          • Venmo
      • Bitcoin Price Trace It Will Fall to $ 5 K
      • BTC Price Today April 4
      • Best Fintech Companies to Work for 2020
    • Guest Posts
      • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
        • Bitcoin Price Today April 3
        • Bitcoin Price Is Sometimes Bullish in Q2
        • Bitcoin Price Tumble Beneath $ 6,000
        • BTC Price Today 5 | April, 2020
        • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
          • Today Bitcoin Price at $6,600
            • Bitcoin Price Bulls Reaches: “Live or Die”
            • BTC Price Today | 6 April 2020
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      • Mortgage Calculator – Students Benefits
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      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
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            • Bitcoin Price Volume Decline with Lowering Volatility
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        • Mortgage rates today, April 3, 2020 plus reviews
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Bulls have been rejected at $7,000
          • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
          • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Prime ICO Advertising and marketing Companies
          • Bank of America U.S. Minimum Hourly Wage Reaches $20
            • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
              • Roll up the Sleeves! American Airlines was down -10.34%
              • Mortgage calculator rates today April 2, 2020
              • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
              • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
                • With Bank of America card you can request a payment deferral online
                  • Bank of America fields 150,000 installment deferral demands
                • Coronavirus – Travel Insurance no cover cancellations
                  • Bank of America said it won’t cut any positions
              • Bitcoin Price Today April 2 – BTC rise to $6,700
              • Mortgage calculator rates today March 31, 2020
              • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
              • Bitcoin Price Recovering After a Sharp Decline
              • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
              • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
            • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
            • P2P Crowdlending – Average Interest Rate 18%
            • $633 Million BTC Transferred For Simply $0.26 Payment
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
      • Bitcoin Price Rejected $6,600
        • Payment Systems
          • Monzo News
            • Stock Market Today 31 March, 2020
          • Venmo
      • Bitcoin Price Trace It Will Fall to $ 5 K
      • BTC Price Today April 4
      • Best Fintech Companies to Work for 2020
    • Guest Posts
      • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
        • Bitcoin Price Today April 3
        • Bitcoin Price Is Sometimes Bullish in Q2
        • Bitcoin Price Tumble Beneath $ 6,000
        • BTC Price Today 5 | April, 2020
        • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
          • Today Bitcoin Price at $6,600
            • Bitcoin Price Bulls Reaches: “Live or Die”
            • BTC Price Today | 6 April 2020
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      • 6% cd rates – They Exists ?
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      • Capital One Credit Card – Best Cards of 2020
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      • Best Airline Credit Card 2020
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      • Best Credit Cards of July 2020
      • 11 Best Prepaid Debit Cards of 2020
      • Best Business Credit Cards 2020
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      • Lowe’s Credit Card
      • Get Revolut Card + £50
      • Qantas Credit Card
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      • How many credit cards should I have?
      • Is Discover Visa or Mastercard?
    • Credit Cards Reviews
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      • Fortiva Credit Card Review
      • Indigo Credit Card Review
      • Wells Fargo Propel – Review
      • Walmart Money Card – Review
      • Credit One Credit Card Review
      • Discover it® Cash Back – Review
      • Travel credit card reviews 2020
      • Petal Credit Card Review
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    • Mortgage “Best of…”
      • Best Mortgage for Low Down Payment 2020
      • Best Mortgage Rates
      • Best VA Mortgage Lenders of 2020
      • Greatest On-line Mortgage Lenders
      • The Best Mortgage Lenders for First Time Home Buyers
    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
    • Mortgage Guides
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      • How Mortgage Forbearance Works Under CARES Act
      • Stimulus Check
    • Mortgage Companies
      • Nationstar Mortgage
      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
      • SunTrust Mortgage
  • Commodities
    • Energy
      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
    • Livestock & Meat
      • Lean Hogs
    • Precious Metals
      • Platinum
      • Gold
        • Best Place to Buy Gold
        • Price of Gold
        • 5 Ways In order to Buy Gold
        • Gold Price Chart
        • Gold Futures
      • Silver
    • Industrial Metals
      • Copper
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
      • Best Car Insurance Quotes Online
      • Best Homeowners Insurance Companies of 2020
    • Insurtech Guides
      • Insurance will not cover coronavirus losses
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      • Merrill Lynch Benefits
      • Loans CLO Pain Just Starting With Leveraged loan Rating Cuts
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Stocks Finish Decrease on U.S.-China Stress and Tech Worries

Yuuma Nakamura by Yuuma Nakamura
July 25, 2020
in American Express (NYSE: AXP)
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Home » Stocks Finish Decrease on U.S.-China Stress and Tech Worries

Stocks had been decrease Friday as traders retreated from threat markets amid escalating political rigidity between Washington and Beijing, whereas parsing better-than-expected earnings reviews from distinguished names together with Verizon , American Specific , and Honeywell .

© TheStreet
Stocks Finish Decrease on U.S.-China Stress and Tech Worries

The Dow Jones Industrial Common completed down 182 factors, or 0.68%, to 26,469, the S&P 500 declined 0.62% and the Nasdaq fell 0.94%.

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The Dow fell 0.8% for the week, breaking a three-week successful streak. The S&P 500 slipped 0.3% this week, posting its first weekly decline in 4 weeks. The Nasdaq misplaced 1.3% for the week. U.S. Secretary of State Mike Pompeo, in a speech late Thursday, known as China’s Communist Social gathering a “Frankenstein” created by the detente insurance policies of former President Richard Nixon. Pompeo attacked Beijing’s document on commerce, safety and human rights. China mentioned the speech was “full of ideological bias” whereas it introduced the closure of the U.S. consulate within the southwestern metropolis of Chengdu, in response to Washington’s shuttering of the Chinese language consulate in Houston. Gold costs reached a document for the primary time since 2011, prompted by an financial outlook clouded by the coronavirus pandemic, The Wall Street Journal reported. Probably the most actively traded gold futures, for supply in August, rose 0.4% to $1,897.50 a troy ounce, climbing for the sixth consecutive session. The determine eclipsed their August 2011 peak of $1,891.90. Boeing Co. is getting ready to delay its all-new 777X jet by a number of months or as much as a yr, because the coronavirus pandemic aggravates a drop in demand for the trade’s largest jetliners, Reuters reported. Boeing shares completed down 1.5% at $173.76. Intel shares slumped 16% to $50.59 after the chipmaker mentioned its new 7-nanometer processor is round six months not on time. The Santa Clara, Calif., chip large mentioned it may have to hunt exterior assist to catch up. Apple shares edged down 0.3% to $370.46, pressed by each U.S.-China tensions and a report that recommended the tech large might face a lawsuit led by a number of state attorneys common for allegedly deceiving clients. McDonald’s shares added 0.6% to $198.72 after the Chicago burger large mentioned it will require its clients to put on face coverings in its eating places; pause reopening of eating areas in its eating places for one more 30 days, and add protecting panels and limitations to the back and front sections of eating places. Verizon climbed 1.8% to $56.85 after reporting better-than-expected second-quarter earnings and gross sales as stability in its subscriber base linked to individuals’s want to stay related via the pandemic helped offset a drop in demand for brand new {hardware}. Honeywell slipped 2.8% to $149.43 after posting stronger-than-expected second-quarter earnings, but additionally reporting a major hunch in aerospace gross sales linked to Boeing’s 737 MAX delays and weak demand for industrial plane. American Specific shares had been off 1.4% to $95.33 after the credit-card large posted an surprising second quarter revenue, however noticed income fall almost a 3rd as shopper spending collapsed throughout the peak of the coronavirus pandemic. Goldman Sachs Group shares edged down 0.8% to $201.47 after the funding bank reached a $3.9 billion settlement with the Malaysian authorities linked to a corruption scandal on the nation’s sovereign wealth fund. JPMorgan Chase is “well-positioned to defend short-term returns and maintain its dividend over the following a number of quarters,” a Goldman Sachs analyst mentioned Friday, as he upgraded the monetary service large to purchase from impartial. Analyst Richard Ramsden raised his share price goal to $116 from $100. JPMorgan Chase shares had been 0.7% decrease at $98.28. New single-family houses bought in June at a seasonally adjusted annual fee of 776,000, the Census Bureau and the Division of Housing and City Growth estimated. The determine is 13.8% above the revised May 2020 fee of 682,000 and 6.9% above the June 2019 estimate of 726,000. The determine exceeded the estimates of analysts polled by Reuters, who’d seen the June determine rising 4% to a 700,000-unit tempo. This text was initially printed by TheStreet. Video: Virtually all Asian currencies poised for development rebound: UBS (CNBC)

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