Wall Street, stocks
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The president is hosting some of the nation's top financiers for a White House dinner Wednesday as part of his effort to bring manufacturing back home.
Savvy asset managers will prioritize the tokens that have strong fundamentals, high yield potential and clear utility.
Wall Street is bracing for more volatility on Friday, with the equity market's main "fear gauge" climbing to one of its highest levels in the past three months. The Cboe Volatility Index was up about 12% on Friday morning,
Wall Street's main indexes dipped on Friday, driven by a renewed selloff in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts about an interest rate cut in December.
Todd Sohn, an ETF strategist with Strategas, pointed to narrow credit spreads, historic ETF inflows and falling yields in money market funds as evidence the bull market still has room to run.
The Cboe Volatility Index, better known as the VIX or Wall Street's "fear gauge," is on the rise once again on Thursday with stocks headed for another tech-driven selloff. The fear gauge was up 11% in recent trade at 19.
The long-awaited bill is finally taking shape and traditional finance is calling it the biggest regulatory overhaul since Dodd-Frank.