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Stocks climb amid earnings as trading frenzy eases


U.S. stocks rally as day-trading frenzy collapses
Rita Nazareth and Claire Ballentine, Bloomberg News
BNN Bloomberg s closing bell update: Feb. 2, 2021
VIDEO SIGN OUT
Stocks posted a back-to-back rally as the trading frenzy that fueled a surge in heavily shorted shares crumbled. Investors also sifted through a batch of corporate earnings.
After the close of regular trading, Alphabet Inc. and Amazon.com Inc. reported better-than-estimated sales, with the online retail giant saying Chief Executive Officer Jeff Bezos will step down from his post in the third quarter of 2021. All major groups in the S&P 500 rose on Tuesday, with financial and industrial companies leading the charge. United Parcel Service Inc. climbed as the courier reported a surge in profit, while Exxon Mobil Corp. rose on a pledge to safeguard dividends. Meanwhile, the speculative trades popular with Reddit crowds crumbled, with GameStop Corp. and AMC Entertainment Holdings Inc. tumbling ....

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Stocks rise on tech, stimulus bets - BNN Bloomberg


U.S. stocks rally as day-trading frenzy collapses
Rita Nazareth and Claire Ballentine, Bloomberg News
BNN Bloomberg s closing bell update: Feb. 2, 2021
VIDEO SIGN OUT
Stocks posted a back-to-back rally as the trading frenzy that fueled a surge in heavily shorted shares crumbled. Investors also sifted through a batch of corporate earnings.
After the close of regular trading, Alphabet Inc. and Amazon.com Inc. reported better-than-estimated sales, with the online retail giant saying Chief Executive Officer Jeff Bezos will step down from his post in the third quarter of 2021. All major groups in the S&P 500 rose on Tuesday, with financial and industrial companies leading the charge. United Parcel Service Inc. climbed as the courier reported a surge in profit, while Exxon Mobil Corp. rose on a pledge to safeguard dividends. Meanwhile, the speculative trades popular with Reddit crowds crumbled, with GameStop Corp. and AMC Entertainment Holdings Inc. tumbling ....

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Kannika Kapur or Vidhi Pandya- Mohit Kumar talks about his FAVOURITE Suman in Ek Duje Ke Vaaste 2

Kannika Kapur or Vidhi Pandya- Mohit Kumar talks about his FAVOURITE Suman in Ek Duje Ke Vaaste 2
tellychakkar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tellychakkar.com Daily Mail and Mail on Sunday newspapers.

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Congratulations: Mohit Kumar is Instagram King of the Week!

Congratulations: Mohit Kumar is Instagram King of the Week!
tellychakkar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tellychakkar.com Daily Mail and Mail on Sunday newspapers.

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Asia: Markets mostly up on hope for Biden recovery agenda

[HONG KONG] Asian investors pushed markets higher again on Wednesday as they await the swearing-in of Joe Biden, while they have taken heart from comments by Treasury nominee Janet Yellen as she looks to push through the new president's stimulus proposals. Read more at The Business Times. ....

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