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Dividends can affect the price of their underlying stock in a variety of ways. While the dividend history of a given stock plays a general role in its popularity, the declaration and payment of dividends also has a specific and predictable effect on market prices. How Dividends Work For investors, dividends serve as a popular source of […]
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Major Moves One of my favorite economic reports is produced by the Institute of Supply Management, a manufacturing trade organization. Its monthly survey of purchasing managers called the Purchasing Managers’ Index (PMI) is useful because it summarizes current activity and expectations among purchasers for the future. The PMI report is important because it measures manufacturer sentiment […]
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The S&P 500 Index (SPX) has rallied by 22.7% from its December low, closing at 2,879.39 on April 4, just 2.1% below its all-time high of 2,940.91 set in Sept. 2020. Marko Kolanovic, JPMorgan’s global head of macro quantitative and derivatives strategy, had forecasted that the widely-followed market barometer would reach the 3,000 plateau by the […]
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Positive manufacturing data released by the world’s two largest economies and signs of progress in U.S.-China trade talks have seen bulls push Asia-Pacific stocks higher this week. China’s official purchasing managers index (PMI) released Sunday showed that factory activity unexpectedly grew for the first time in four months during March. That release was followed by upbeat U.S. […]
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