Anuron Kumar Mitra
Assistant Executive Editor and Markets Team Leader at Seeking Alpha
Assistant Executive Editor and Markets Team Leader @SeekingAlpha. Ex @Reuters Breaking News reporter. Views are my own. I like knowing things, and chocolate.
Articles
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1 week ago |
seekingalpha.com | Anuron Kumar Mitra
Michael M. Santiago/Getty Images NewsWall Street on Friday was once again beset by volatility in a trend that has become this week's defining characteristic. The major averages experienced dizzying swings as market participants digested further tariff escalation, a host of quarterly earnings from major banks and
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1 week ago |
seekingalpha.com | Anuron Kumar Mitra
danielvfung U.S. stock index futures on Friday seesawed around the flat line, as market participants digested earnings from major banks and more inflation data. Here are some stocks to watch on Friday: Shares of JPMorgan (NYSE:JPM) were -0.5% in
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2 weeks ago |
seekingalpha.com | Anuron Kumar Mitra
Michael M. Santiago/Getty Images NewsWall Street's euphoria disappeared on Thursday as market participants were back in selloff mode. More than half of the previous session's historic advance was wiped out. The three major averages steadily fell until just after noon, following which they recouped some
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2 weeks ago |
seekingalpha.com | Anuron Kumar Mitra
Seeking Alpha's extensive reporting on small-cap companies increased their likelihood of being acquired due to enhanced visibility, according to a paper by Boston College and Harvard Business School authors. The paper, published in March, investigated whether social media coverage influenced a firm's likelihood of being acquired. The authors specifically looked at the impact on small-cap firms after increased coverage on Seeking Alpha.
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2 weeks ago |
seekingalpha.com | Anuron Kumar Mitra
Former U.S. Treasury Secretary Lawrence Summers on Wednesday said U.S. President Donald Trump's 90-day pause on most reciprocal tariffs was an example of "bullies" backing down, and that the collapse in equity markets spurred concern. "It is tragic to see
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In my three years of reporting on stock markets, I have never seen anything like today's session. U.S. President Donald Trump's 90-day pause on most reciprocal tariffs except for China led to the best day for Wall Street since the financial crisis in October 2008. The Nasdaq
History shows that Wall Street has largely posted a positive annual return when the Fed has cut interest rates in the past. Read my report for a breakdown on the market's performance in earlier rate-cutting cycles - https://t.co/77nD6vWSoT #FedRate #fedpolicy #InterestRates
Today was a momentous day for Wall Street! The Fed delivered its first interest rate cut since 2020, and it was a supersized 50 basis point cut at that. Markets hit a new record after, but were unable to hold on to their gains. Read my report - https://t.co/40HA1ME3Ja