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Banks Stocks soared Monday, as positive news about earnings from banking powerhouse $JPMorgan Chase(JPM)$ and comments from President Joe Biden about the possibility of lifting some US tariffs on China boosted sentiment on Wall Street. Dow component JPMorgan Chase surged 6%, The $SPDR S&P Bank ETF(KBE)$ was up 3.3% in midday trading, outpacing the1.7% gain in the S&P 500 index, The Dow gained nearly 620 points, a gain of about 2%. Fellow financials $Goldman Sachs(GS)$ , $American Express(AXP)$, and

The e-commerce giant's shares are now down about 34% from highs hit last July.

The 10-year Treasury yield tacked on another 1.7% as $TNX$ reached nine-month highs. The Federal Reserve’s latest meeting minutes indicated that the central bank has considered shrinking its balance sheet once it raises rates later in 2022. The Fed Prepares to Raise Rates The Federal Reserve is feeling confident about the state of the economy. According to its own Fed Minutes, released today, America’s central bank is looking to accelerate its plans for interest rate hikes and balance sheet reduction. Some officials also thought the Fed should start shrinking its $8.76 trillion portfolio of bonds and other assets relatively soon after beginning to raise rates, the minutes said. Investors would see the move as another way for the Fed to tighten financial conditions to

Jan 4 (Reuters) - Daily Journal Corp, the publishing and technology company in which Warren Buffett'

Hot Chinese ADRs dipped in morning trading.Alibaba,JD.com,Pinduoduo,Baidu,NetEase,Nio,Xpeng Motors,Li Auto,DiDi Global,Bilibili and iQIYI fell between 1% and 6%.

If you want to leave some stocks to your heirs, then you'll want to find companies like these that are poised to thrive for decades to come.

The hardships faced in the past two years, be it the spread of COVID-19 in 2020 or the resurgence of

WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell last week

Nvidia stock price target raised to $925 from $700 at Oppenheimer.