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Biden shocked markets this week with a proposal to nearly double the capital gains tax. Here"s what the move could mean for high-flying tech stocks, according to 5 experts.

President Biden plans to pay for his "American Families Plan" by raising capital gains taxes to as high as 43.4% for wealthy Americans. President Joe Biden AP Photo/Eva.....»»

Category: personnelSource: nytApr 24th, 2021

Dow ends more than 200 points higher as stocks bounce back from tax-inspired dip

Stocks finished with gains, but off session highs and with weekly losses for major benchmarks, bouncing a day after reports that President Joe Biden plans to nearly double the capital-gains tax rate for Americans earning mo.....»»

Category: topSource: marketwatchApr 23rd, 2021

Dow jumps 227 points as strong economic data outweighs Biden tax-hike worry

US stocks closed higher as strong economic data outweighed investors' fears of the capital gains tax hike proposed by President Joe Biden. NYSE trader Gregory Rowe works on the floor of the New York Stock Exchange at the end of t.....»»

Category: topSource: businessinsiderApr 23rd, 2021

Stocks rebound as housing data tempers tax hike fears

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

Category: topSource: foxnewsApr 23rd, 2021

Stocks rally as economic data outweighs Biden"s capital gains tax hike proposal

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

Category: topSource: foxnewsApr 23rd, 2021

U.S. stocks trade mixed at open as investors eye Biden tax plans

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 23rd, 2021

Stocks little changed with capital gains tax hike in focus

Stock futures were little changed Friday morning as investors continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

Category: topSource: foxnewsApr 23rd, 2021

Dow tumbles 322 points after Biden plans to nearly double capital-gains tax for wealthy Americans

US stocks sharply reversed Thursday following a report that Biden plans to nearly double the capital gains tax rate for wealthy Americans. Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City S.....»»

Category: topSource: businessinsiderApr 22nd, 2021

3 stats that show just how much investor appetite for SPACs has declined

As interest rates climb, most SPACs have underperformed the market, along with other high growth, long duration stocks, according to Goldman Sachs. Traders work on t.....»»

Category: topSource: businessinsiderApr 22nd, 2021

Stocks end lower after reports of Biden tax hike proposal

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 22nd, 2021

Biden Plans Capital Gains Tax Hike To Help Finance $1.5 Trillion "Human Infrastructure" Package

Biden Plans Capital Gains Tax Hike To Help Finance $1.5 Trillion "Human Infrastructure" Package Update (1305ET): Hours after the NYT published its report about the details of Biden's "human infras.....»»

Category: dealsSource: nytApr 22nd, 2021

Need to Know: Goldman Sachs says S&P 500 returns may tumble as U.S. economic growth peaks. Buy these stocks.

Stocks got back on the horse on Wednesday, with both the Dow and S&P 500 indexes finishing at their second-highest levels ever, as investors continue to smile on strong economic growth prospects......»»

Category: topSource: marketwatchApr 22nd, 2021

Goldman Sachs Says Buy These 3 Top Gaming Stocks Now Before Earnings

Goldman Sachs says that now is the time to buy shares of three online gambling and sports betting stocks ahead of upcoming earnings reports. Offered outstanding entry points, they are great long-term........»»

Category: blogSource: 247wallstApr 22nd, 2021

Goldman Sachs Raises Semiconductor Wafer Fab Equipment Estimates: 4 Stocks to Buy Now

The semiconductor capital equipment industry looks poised to continue massive growth this year and next. These four top companies are executing well, and their stocks still have very solid upside to........»»

Category: blogSource: 247wallstApr 16th, 2021

NewsWatch: Buy bank stocks after Citi, Goldman Sachs, BoA and JPMorgan earnings wowed, says this research group

Coinbase’s hotly-anticipated initial public offering hogged the spotlight on Wednesday, eclipsing blowout results from banks, which kicked off earnings season with a bang......»»

Category: topSource: marketwatchApr 15th, 2021

Market Snapshot: Dow rises to intraday record, Nasdaq edges lower, as big bank earnings top expectations

U.S. stocks are mostly higher Wednesday afternoon as financial powerhouses JPMorgan Chase, Wells Fargo and Goldman Sachs kick off the first-quarter earnings season by beating expectations......»»

Category: topSource: marketwatchApr 14th, 2021

Market Snapshot: Dow up 200 points to hit intraday record as big banks book better-than-expected earnings and revenues

U.S. stocks are slightly higher Wednesday morning as earnings of big banks kick off the first quarter reporting season, beginning with results from JPMorgan Chase, Wells Fargo and Goldman Sachs......»»

Category: topSource: marketwatchApr 14th, 2021

Goldman Sachs Says Buy These 4 Energy Stocks for Possible Summer Rally

While oil stocks have rallied off the dreadful lows of last year, heading into the strongest seasonal time for the sector, and taking advantage of recent selling, may set up energy investors for some........»»

Category: blogSource: 247wallstApr 14th, 2021

Market Snapshot: Dow, S&P 500 ease back from records with earnings week, banks and risk taking in focus

U.S. stocks are slightly lower Monday afternoon as investors gear up to hear from the nation's largest banks, including JPMorgan Chase & Co. and Goldman Sachs Group, which kick off first-quarter earnings this week......»»

Category: topSource: marketwatchApr 12th, 2021

Goldman Sachs Picks US Steel Industry’s Winners and Losers

Goldman Sachs is out with a report on seven U.S. steel makers. The analysts are initiating coverage on the companies just in time for a debate over President Biden's infrastructure plan......»»

Category: blogSource: 247wallstApr 9th, 2021