Wall Street hit new heights Wednesday, with the S&P 500 breaking the fabled 3,000 points mark for the first time (albeit briefly) while the two other main indices posted new highs. The S&P 500 opened at 2,989.30 and hit a high of 3,002.98 mid day.

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As Wall Street starts to sharpen its view of how U.S. stocks will perform in 2020, two key investment banks, Stifel and UBS, expect U.S. stocks to return about 5% for the next year or so. The S&P 500 is up 24% year to date, albeit after an ugly December 2018 selloff. And while some observers are cau

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President Trump suggested he is softening his stance on a proposal to pull sweet and fruity e-cigarettes off the market, saying that prohibition can have dangerous consequences. “You watch prohibition…if you don’t give it to them, it is going to come here illegally,” he said during a White House mee

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‘I want to make clear that we don’t have any such net bet that the stock market will fall.’ Ray Dalio That is Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, disputing elements of a report in The Wall Street Journal on ...

S&P downgrades South Africa's outlook to negative
S&P Global on Friday downgraded its outlook for South Africa's credit rating to negative, citing weak pace of economic growth, mounting government debt burden and liabilities related to the country's energy utility, Eskom. Adds details from S&P statement ...   Nasdaq  
Oil slips as Trump comments cast doubt on U.S.-China trade deal
Oil fell Friday after President Donald Trump said he was “very close” to a trade pact with China but warned that Beijing wants the deal more. Oil fell Friday after President Donald Trump said he was “very close” to a trade pact with China but ...   Houston Chronicle  
As coal dwindles, Southwest tribal solar farms pump out power
DENVER, Nov. 22 (UPI) --New, large-scale solar farms are bringing jobs to reservations and electricity for the first time to families living on tribal lands in remote areas of the Southwest. Along with selling renewable energy on a large scale to cities like Albuquerque and Los Angeles, solar power   UPI.com  
Cocoa's Bullish Path
Higher highs and higher lows throughout 2019. Cocoa rises to the highest price since mid-2018. A $400 surcharge is making a difference. Levels to watch on the upside. NIB for cocoa bulls that do ...   Seeking Alpha  
Phase one trade deal may not get signed before additional tariffs kick in: US Chamber of Commerce
The United States and China may not be able to complete a phase one trade deal by Dec. 15 when the next round of American tariffs on Chinese goods are due to go into effect, according to Myron Brilliant from the U.S. Chamber of Commerce. Still, a deal would be seen as a step in the right direction t   CNBC  
Euro zone needs to create its own economic growth at home: ECB's Lagarde
FRANKFURT (Reuters) - The euro zone needs to create more of its economic growth at home, including via greater public investment, if it is to withstand weakness abroad and become more balanced internally, new European Central Bank President Christine Lagarde said on Friday. Lagarde did not discuss m   YAHOO!  
European Equities: Private Sector PMIs and Trade News in Focus
European equities saw red for a 2 nd consecutive day on Thursday, with the EuroStoxx600 falling by 0.40% to lead the way down. The DAX30 and CAC40 saw more modest losses of 0.15% and 0.26% respectively. It could have been a lot worse on the day, with the majors finding support after opening in the d   YAHOO!  
Don't Call It a Comeback: Can GE Continue Rising After Passing 2019 High?
General Electric (GE - Get Report) rose sharply Thursday following reports Wednesday that the Emirates airline is leaning towards the company's jet engines for its Boeing (BA - Get Report) 787 Dreamliner as rival Rolls-Royce has struggled to fix an issue with its engine. The stock traded as high as   TheStreet.com  
Pure Storage Stock Tumbles 24% in Late Trading on Soft Revenue, Weak Guidance
Pure Storage shares are trading sharply lower in late Thursday trading on disappointing revenue growth for its fiscal third-quarter ended Oct. 31 and weaker-than-expected guidance for the fiscal fourth quarter ending in January. The company attributed the disappointing results to both softer-than-ex   Barron's  
FASTSIGNS International Named a Finalist in Torch Awards for Ethics by Dallas Business Journal
CARROLLTON, Texas, Nov. 21, 2019 /PRNewswire/ -- FASTSIGNS International, Inc. was recently named a Dallas Business Journal's 2019 Torch Awards Finalist in the Large Business category and honored at the annual awards dinner held Wednesday, November 20 at the Canopy by Hilton Dallas Uptown. 20 finali   YAHOO!