Rotten Tomato Stocks
No Result
View All Result
  • News
    Lyons Magnus Expands Product Recall by Nearly 400 Products

    Lyons Magnus Expands Product Recall by Nearly 400 Products

    Brandstorm recalls Natierra Organic Freeze-Dried Blueberries

    Brandstorm recalls Natierra Organic Freeze-Dried Blueberries

    Canadian Tire 2Q Profit Falls as Russia Exit Costs Weigh

    Canadian Tire 2Q Profit Falls as Russia Exit Costs Weigh

    Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured

    Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured

  • NYSE
    We Think Alcoa (NYSE:AA) Can Stay On Top Of Its Debt

    We Think Alcoa (NYSE:AA) Can Stay On Top Of Its Debt

    Philip Morris International Inc. stock falls Friday, underperforms market

    Philip Morris International Inc. stock falls Friday, underperforms market

    CS Disco (NYSE:LAW) Reaches New 52-Week Low on Analyst Downgrade

    CS Disco (NYSE:LAW) Reaches New 52-Week Low on Analyst Downgrade

    Hanesbrands Foresees Declining Sales on FX Impact

    Hanesbrands Foresees Declining Sales on FX Impact

  • NASDAQ
    BeiGene (NASDAQ:BGNE) Has Debt But No Earnings; Should You Worry?

    BeiGene (NASDAQ:BGNE) Has Debt But No Earnings; Should You Worry?

    Moderna Inc. stock falls Friday, underperforms market

    Moderna Inc. stock falls Friday, underperforms market

    Booking Holdings Inc. (NASDAQ:BKNG) Sees Large Drop in Short Interest

    Booking Holdings Inc. (NASDAQ:BKNG) Sees Large Drop in Short Interest

    Poshmark’s stock drops 8% on Q3 revenue guidance

    Poshmark’s stock drops 8% on Q3 revenue guidance

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

  • News
    Lyons Magnus Expands Product Recall by Nearly 400 Products

    Lyons Magnus Expands Product Recall by Nearly 400 Products

    Brandstorm recalls Natierra Organic Freeze-Dried Blueberries

    Brandstorm recalls Natierra Organic Freeze-Dried Blueberries

    Canadian Tire 2Q Profit Falls as Russia Exit Costs Weigh

    Canadian Tire 2Q Profit Falls as Russia Exit Costs Weigh

    Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured

    Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured

  • NYSE
    We Think Alcoa (NYSE:AA) Can Stay On Top Of Its Debt

    We Think Alcoa (NYSE:AA) Can Stay On Top Of Its Debt

    Philip Morris International Inc. stock falls Friday, underperforms market

    Philip Morris International Inc. stock falls Friday, underperforms market

    CS Disco (NYSE:LAW) Reaches New 52-Week Low on Analyst Downgrade

    CS Disco (NYSE:LAW) Reaches New 52-Week Low on Analyst Downgrade

    Hanesbrands Foresees Declining Sales on FX Impact

    Hanesbrands Foresees Declining Sales on FX Impact

  • NASDAQ
    BeiGene (NASDAQ:BGNE) Has Debt But No Earnings; Should You Worry?

    BeiGene (NASDAQ:BGNE) Has Debt But No Earnings; Should You Worry?

    Moderna Inc. stock falls Friday, underperforms market

    Moderna Inc. stock falls Friday, underperforms market

    Booking Holdings Inc. (NASDAQ:BKNG) Sees Large Drop in Short Interest

    Booking Holdings Inc. (NASDAQ:BKNG) Sees Large Drop in Short Interest

    Poshmark’s stock drops 8% on Q3 revenue guidance

    Poshmark’s stock drops 8% on Q3 revenue guidance

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

No Result
View All Result
Rotten Tomato Stocks
No Result
View All Result

Stocks Drop on Biden Plan to Lift Capital-Gain Tax

Editorial Staff by Editorial Staff
April 25, 2021
0
Stocks Drop on Biden Plan to Lift Capital-Gain Tax

U.S. stocks had their biggest slide in five weeks after President Joe Biden was said to propose almost doubling the capital-gain tax for the wealthy. The dollar advanced.

The S&P 500 turned lower after Bloomberg News reported that for those earning $1 million or more, the new top rate, coupled with an existing surtax on investment income, means that federal tax rates for rich investors could be as high as 43.4%. Speculation arose that some traders may sell shares before any change is made to capture the lower rate.

“Sticker shock over some of these tax figures will be hard to shake off for some investors,” Edward Moya, senior market analyst at Oanda, wrote in a note. “Some traders are looking for an excuse to lock in profits and they might choose to use this tax story as their catalyst.”

Equities whipsawed throughout the session amid mixed economic data and renewed concern the pandemic was worsening. All major groups in the S&P 500 fell, led by material, energy and tech shares. AT&T Inc. jumped after beating earnings estimates. Intel Corp. — the biggest chipmaker — slid in afterhours trading as it reported a drop in data-center revenue and a steep slump in gross profit margin.

Elsewhere, Bitcoin declined for the sixth time in seven days, extending losses after the higher capital gains proposal was revealed. Investors already face a capital-gains tax if they hold the cryptocurrency for more than a year.

Here are some key events to watch this week:

U.S. releases new home sales data Friday.

These are some of the main moves in markets:

Stocks

The S&P 500 fell 0.9% at 4 p.m. New York time.The Stoxx Europe 600 Index advanced 0.7%.The MSCI All-Country World Index declined 0.2%.

Currencies

The Bloomberg Dollar Spot Index gained 0.2%.The euro declined 0.2% to $1.2014.The Japanese yen appreciated 0.1% to 107.98 per dollar.

Bonds

The yield on 10-year Treasuries fell one basis point to 1.54%.Germany’s 10-year yield rose one basis point to -0.25%.Britain’s 10-year yield was unchanged at 0.74%.

Commodities

West Texas Intermediate crude rose 0.5% to $61.66 a barrel.Gold fell 0.5% to $1,783.50 an ounce.

Related Posts

Lyons Magnus Expands Product Recall by Nearly 400 Products
News

Lyons Magnus Expands Product Recall by Nearly 400 Products

August 15, 2022
Brandstorm recalls Natierra Organic Freeze-Dried Blueberries
News

Brandstorm recalls Natierra Organic Freeze-Dried Blueberries

August 11, 2022
Canadian Tire 2Q Profit Falls as Russia Exit Costs Weigh
News

Canadian Tire 2Q Profit Falls as Russia Exit Costs Weigh

August 11, 2022
Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured
News

Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured

August 10, 2022
Load More
Next Post
Is a Stock Market Crash Likely? These 5 Metrics Say So

Is a Stock Market Crash Likely? These 5 Metrics Say So

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

POPULAR NEWS

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

April 14, 2021
10 Warning Signs That Should Tell You “This Stock is in Trouble”

10 Warning Signs That Should Tell You “This Stock is in Trouble”

November 11, 2019
Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

September 14, 2021
CN Rail Stock Is So Undervalued That it’s Absurd

CN Rail Stock Is So Undervalued That it’s Absurd

May 2, 2021
US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

June 17, 2021

EDITOR'S PICK

Myers Industries (NYSE:MYE) Seems To Use Debt Rather Sparingly

Myers Industries (NYSE:MYE) Seems To Use Debt Rather Sparingly

April 21, 2022
Is Centogene (NASDAQ:CNTG) Using Debt Sensibly?

Is Centogene (NASDAQ:CNTG) Using Debt Sensibly?

December 23, 2021
Two batches of select Huggies Thick Baby Wipes recalled

Two batches of select Huggies Thick Baby Wipes recalled

December 27, 2021
Wall Street Falls to First Down Week in Four on Rate Worries

Wall Street Falls to First Down Week in Four on Rate Worries

April 11, 2022

Stay Updated

Get breaking news delivered straight into your inbox

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Rotten Tomato stocks is a wholly-owned subsidiary of Grainne Capital Limited.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Rotten Tomato Stocks cover the companies and markets that are declining, failing or headed for disaster. We help investors spot the down tends and recognize when something smells rotten.

RECENT POSTS

Lyons Magnus Expands Product Recall by Nearly 400 Products

We Think Alcoa (NYSE:AA) Can Stay On Top Of Its Debt

Philip Morris International Inc. stock falls Friday, underperforms market

POPULAR POSTS

CS Disco (NYSE:LAW) Reaches New 52-Week Low on Analyst Downgrade

BeiGene (NASDAQ:BGNE) Has Debt But No Earnings; Should You Worry?

Moderna Inc. stock falls Friday, underperforms market

© Copyright 2021 RottenTomatoStocks. All Rights Reserved 

Disclaimer | Privacy Policy

No Result
View All Result
  • HOME
  • NEWS
  • NYSE
  • NASDAQ
  • OTC
  • TSX

© 2021 RottenTomatoStocks.com

error: Content is protected !!
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.