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Share buybacks hit their highest level in history last year, according to new data. The total value of share repurchases by companies surged to a record $806.4 billion in 2018, up 55 percent from a year earlier, according to new data from S&P Dow Jones Indices. The record was more than 36 percent higher than the previous high watermark hit in 2007.The buyback total is bigger than the market...
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U.S. markets showed strength throughout Thursday’s session while recovering losses over the last couple of sessions to keep fresh resistance and 2019 highs in play. Better-than-expected economic news helped overall sentiment but the weakness in the Financials remain a slight concern following the Fed news they weren’t going to raise rates this year.The Nasdaq jumped 1.4% after tapping a...
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The bond market is edging closer to signaling a recession, but don’t panic yet. Stocks could have a lot more room to run even if the feared “yield curve” inverts, history shows. The yield on the 3-month Treasury bill and the 10-year note went into negative territory on Friday, the first time since 2007. The more widely watched part of the curve — the gap between yields on the 2-year...
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U.S. markets showed strength throughout Thursday’s session while recovering losses over the last couple of sessions to keep fresh resistance and 2019 highs in play. Better-than-expected economic news helped overall sentiment but the weakness in the Financials remain a slight concern following the Fed news they weren’t going to raise rates this year.The Nasdaq jumped 1.4% after tapping a...
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