Morgan Stanley Turns Bullish on UAE Stocks Citing Vaccine Hope

Stocks in the United Arab Emirates are highly exposed to a broad recovery, with positive virus vaccine news “far from priced,” according to Morgan Stanley. Dubai and Abu Dhabi-listed shares, which are lagging emerging-market peers this year, got a double-upgrade to tactical overweight as their exposure to cyclical sectors including tourism, leisure and financials — a burden during the pandemic […]

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HOW TO TRADE A BIDEN PRESIDENCY: A complete investing guide to profiting from the election outcome and its impact on markets

The stock market has cheered the 2020 election results, which saw President-elect Joe Biden prevail over incumbent Donald Trump. Investors are hopeful that Biden's win, combined with a possibly Republican Senate, will mean that additional fiscal stimulus is passed while market-friendly Trump policies remain.  Business Insider has compiled advice and recommendations from top investors on how to navigate the markets […]

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GOLDMAN SACHS: Buy these 20 deeply underpriced stocks now before the recovery helps them rebound and crush Wall Street's low expectations in 2021

Investors rushed into cheaper "value" stocks after an update on Pfizer's experimental COVID-19 vaccine, and David Kostin of Goldman Sachs says it's the start of a long-awaited shift in the market.  Kostin says that company earnings have also been significantly better than expected, which will help stocks rise in 2021 and 2022. With that in mind, he names a group […]

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Top Analyst Upgrades and Downgrades: BigCommerce, Chewy, Cisco, Costco, Darden, Delta, Disney, Dow, Lyft, Palantir, Southwest Air, Unity Software and More

Stocks sold off handily on Thursday due to rising COVID-19 cases and on fears of more shutdowns and restrictions in cities. Despite these fears coming to bend the curve of new cases, stocks were showing sharp gains on Friday on the heels of stronger earnings reactions from Cisco and Disney. As the market is learning to deal with a contested […]

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Singapore Home Sales Fall After Rules to Deter Market Distortion

Singapore home purchases fell last month after the government curbed a market practice seen to be inflating sales figures and to discourage speculation in the property market. Apartment sales declined 51% to 642 last month, Urban Redevelopment Authority data released Monday showed. Sales in September reached the highest in more than two years. The drop comes after the government tightened […]

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Navarro: Trump admin 'tackling Chinese companies that mean to do America harm'

US capital shouldn’t be used to finance Chinese militarization: Navarro Assistant to the President for Trade and Manufacturing Policy Peter Navarro discusses President Trump’s new executive order banning Americans from investing in Chinese companies that supports China’s military. White House trade adviser Peter Navarro said Friday the Trump administration is "tackling Chinese companies that mean to do America harm" with […]

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Gold Futures Settle Higher As Dollar Weakens

Gold prices edged higher on Friday, riding on the dollar’s weakness and on record spikes in new coronavirus cases across the U.S. and several countries in Europe. The dollar index slipped to 92.74 early afternoon, and was last seen at 92.80, down 0.19% from the previous close. Gold futures for December closed firmer by $12.90 or about 0.7% at $1,886.20 […]

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