Friday, July 23, 2021

Trump ally Tom Barrack pulls SPAC plans after indictment

A blank-check firm backed by Tom Barrack, the billionaire investor who was chairman of Donald Trump's inaugural committee in 2017 and is a close friend of the former president, has withdrawn plans to take the company public after Barrack was charged with illegal foreign lobbying earlier this week.
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Trump ally Tom Barrack pulls SPAC plans after indictment
A blank-check firm backed by Tom Barrack, the billionaire investor who was chairman of Donald Trump's inaugural committee in 2017 and is a close friend of the former president, has withdrawn plans to take the company public after Barrack was charged with illegal foreign lobbying earlier this week. Read more »
 
Stocks are on track for record highs after a turbulent week
It's been a turbulent week on Wall Street, starting with a massive selloff over worries about the Delta variant. But by Friday, stocks were on track to hit record highs. Read more »
 
American Express is the Dow's top stock for 2021. Here's why
American Express is the top stock in the Dow so far this year, and AmEx's earnings on Friday morning show why investors are never leaving home without it. Read more »
 
Welcome to the never-ending chip shortage
The global shortage of semiconductors that has hobbled the auto industry and made some consumer electronics more expensive could last until the middle of 2023, Intel has warned. Read more »
 
GM again recalls its US electric vehicles over fire threat
GM is once again recalling nearly 70,000 Chevrolet Bolt electric vehicles because of a risk that the battery will catch fire when the car is parked. Read more »
 
This may be the lowest-rated Olympics ever. NBC shouldn't sweat it
The Summer Olympics — one of the most-watched events worldwide — officially kicks off in Tokyo this weekend. Read more »
 
 
 
 
Dow Nasdaq S&P
+238.20   +152.39   +44.31
35,061.55   14,836.99   4,411.79
+0.68%   +1.04%   +1.01%
YTD +14.56%   YTD +15.12%   YTD +17.46%
 
Biggest Winners
Robert Half International Inc +7.36%
 
D R Horton Inc +4.36%
 
Interpublic Group of Companies Inc +3.46%
 
VF Corp +3.35%
Biggest Losers
Organon & Co -3.62%
 
Oracle Corp -3.31%
 
Carnival Corp -3.30%
 
Las Vegas Sands Corp -3.07%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $72.11 +0.04 / +0.06%
Gold $1,801.90 +0.10 / +0.01%
10-yr 1.29% +0.02
Euro $1.18 -0.00 / -0.01%
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