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Stocks Surge as Democrats Sweep Congress

1 week ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.56% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.41%. December E-mini S&P futures (ESZ26 ) are up +1.73%, and December E-mini Nasdaq futures...

Hornbeck Offshore Swings To Q3 Loss

1 week ago
(RTTNews) - Hornbeck Offshore Services, Inc. (HOS), an integrated offshore services provider, on Wednesday reported a third-quarter net loss, compared with a profit a year earlier, as merger-related expenses following its combination with Helix hurt its bottom line.

Morgan Stanley’s Monica Guerra on Dem’s Midterm Sweep

1 week ago
Monica Guerra, Executive Director and Head of Policy and Geopolitical Strategy at Morgan Stanley Wealth Management, says clients’ main question after the Democratic victory was what comes next. She argued that divided government could create a constructive market backdrop by limiting major partisan tax and spending legislation and bringing greater policy restraint and certainty. She speaks with Vonnie Quinn on "The Close." (Source: Bloomberg)