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Bank exchange-traded funds (ETFs) offer investors exposure to the banking and financial sector of the economy. Banking services include taking deposits, making loans, and facilitating payments. Other financial services include investment management, retirement planning, insurance, and brokerage services. Aside from charging fees for these services, banks earn profits by charging higher interests rates on the
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Investors who have cash might want to consider putting some to work after a recent pullback in the stock market, CNBC’s Jim Cramer advised Wednesday.  “If you haven’t bought anything, maybe you dip your toe in,” Cramer said on “Squawk on the Street,” while noting he has for weeks been advising people to sell and lock-in
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Key Takeaways The ECB will announce monetary policy as Eurozone inflation sags. China announces trade balance data, how is the world’s commerce recovering? U.S. releases July JOLTs data. After the first weekly losses for U.S. markets in five, investors will get an extra day next week to gather themselves. U.S., Canadian, and Brazilian markets and
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Some companies have trouble written all over them. One such example is biopharmaceutical firm Ocugen (NASDAQ:OCGN). Even before the novel coronavirus upturned the world, OCGN stock was a struggling unit, with the issuing company facing bankruptcy. Overall, this fundamental assessment hasn’t changed. What has shifted, though, is the surrounding ecosystem. Source: Shutterstock As the Wall
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A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Check out the companies making headlines after the bell: Slack — Shares of the messaging platform tanked 14% in after hours trading on Tuesday despite its better-than-expected quarterly results. Revenue came in at $215.9 million, higher than the estimated
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Red-hot tech stocks fell off a cliff heading into the Labor Day weekend. Facebook (NASDAQ:FB) stock was no exception. FB stock dropped about 7% in a matter of days. Source: rvlsoft / Shutterstock.com To be clear, this tech sell-off is nothing to worry about. It’s a totally natural and totally healthy valuation gut-check. Tech stocks
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