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The Markets’ Strange Disregard for the Chaos in Washington

UBS continued, “The tax hike is also likely to be smaller than the potential overall spending.” On balance, the report said, “With vaccination programs underway, we retain a positive longer-term […]




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Market Edges Toward Euphoria, Despite Pandemic’s Toll

“It’s not as obvious a bubble as 20 years ago,” said Jay Ritter, a finance professor at the University of Florida who studies initial public offerings. “But we’re close to […]




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Tesla, Profitable at Last, Bulls Its Way Into the S&P 500

The stock market has never seen anything quite like Tesla.Led by the mercurial celebrity billionaire Elon Musk, the electric-car maker’s shares have soared roughly 14,000 percent since it went public […]




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Etsy Was a Twee Culture Punchline. Now It’s a Wall Street Darling.

Kat Panchal hadn’t yet learned how to use her sewing machine when the pandemic started. But in March, on leave from her job as a flight attendant with American Airlines […]




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Markets Throw a Welcome Party of Sorts for Biden

A day after the Trump administration effectively acknowledged the election of Joseph R. Biden Jr., investors showed their relief by pushing the two major stock market indexes to all-time records […]




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While the Pandemic Wrecked Some Businesses, Others Did Fine. Even Great.

The pandemic has turbocharged profits at some big businesses, like Amazon, which reported a 70 percent increase in earnings in the first nine months of the year. But it has […]