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Blank Check Firm Goldenbridge Acquisition to Merge With Auto Services Group
10:14 AM EDT, 05/26/2022 (MT Newswires) -- Goldenbridge Acquisition (GBRG, GBRGU, GBRGW, GBRGR) has agreed to merge with Chinese provider of automotive services and insurance Auto Services Group, the
Wall Street bulls: don't be afraid to fall, this is a buying opportunity, millennials will prop up the stock market
U.S. stocks fell sharply on Monday, but Tom Lee, former chief equity strategist at JPMorgan Chase and co-founder of Fundstrat Global Advisors, believes investors should not stop looking for buying opportunities because of the recent market turmoil. Lee said on Monday that despite recent fluctuations, the long-term bull market outlook for stocks remained intact. "I think this will prove to be a very good buying opportunity," he said, noting that US bond yields were "tame" and that the VIX index, known as the Wall Street panic index, was relatively low. He added: "what we are in right now
British Prime Minister to meet with Bezos to urge him to pay taxes fairly
On his way to the United Nations General Assembly in the United States, British Prime Minister Boris Johnson said he would meet with Amazon.Com Inc founder and chairman Jeff Bezos on Monday and would tell the world's richest man. his company must pay its fair share of taxes in the UK. Johnson said he would also urge Bezos to address the working standards of British employees, and said he would congratulate Bezos on his "large-scale afforestation program."he has invested a lot of money in planting trees around the world."
Midday: the Dow slipped slightly and the S & P hit a new intraday high.
In the early morning of the 13th Beijing time, US stocks were mixed in midday trading on Thursday, with the Dow falling slightly and the S & P index hitting a new intraday high. Us jobless claims fell to 375000 last week in line with expectations, with PPI rising faster than expected in July and the biggest year-on-year increase since 2010. The Dow fell 68.86 points, or 0.19%, to 35416.11; the Nasdaq rose 16.84 points, or 0.11%, to 14781.98; and the Standard & Poor's 500 Index rose 2.12 points, or 0.05%, to 4449.82. On Thursday morning, the Dow rose as high as 35510.77 points, the S & P 5
At the end of the day, US stocks maintained a rising trend, led by the technology sector.
In the early morning of the 21st Beijing time, US stocks maintained a rising trend late Thursday, led by the technology sector. Investors continue to pay attention to inflation and its impact on the Fed's current loose monetary policy. The minutes of yesterday's Fed meeting hinted at a possible tightening of monetary policy. The data for unemployment benefits in the United States reached its lowest level since the outbreak last week. The Philadelphia Fed survey index confirms once again the rise in inflationary pressures in the United States. The Dow rose 232.99 points, or 0.69%, to 34129.03; the Nasdaq rose 225.82 points, or 1.70%, to 13525.56; and the S & P 500 rose 47.17 points, or 1.15%.