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ELECTRONIC SYSTEM TECHNOLOGY INC | 10-Q: Q2 2024 Earnings Report
Us stocks have always performed poorly in the fall? Strategists say the stock market is likely to face a 5-8% correction before going higher again.
Original title: us stocks have always performed poorly in the fall? Strategists say stocks are most likely to face a 5-8 per cent correction before moving higher again: FX168 on Wednesday, the US stock market rebounded quickly from last year's pandemic crash, with the S & P 500 up nearly 18 per cent so far in 2021 on the back of strong corporate earnings, but LPL Financial, the largest independent securities firm in the US, says the S & P 500 could have a correction of as much as 8 per cent by the end of the year. Ryan Derrick, chief market strategist at LPL Financial (
The Japanese and South Korean stock markets opened higher on Friday. U.S. stocks closed at an all-time high and the Dow broke through the 35000 mark.
On July 26th, Asia-Pacific stock markets opened higher, with the Nikkei 225 index rising 450.48 points, or 1.64%, to 27998.48. Japan's East Stock Exchange Index opened 1.5% higher at 1933.90. South Korea's KOSPI index opened up 6.00 points, or 0.18%, at 3260.42. U. S. stocks closed higher on Friday, with all three major indexes closing at an all-time high, with the Dow capturing the 35000-point mark for the first time in history. The Dow rose 238.20 points, or 0.68%, to 35061.55; the Nasdaq rose 152.39 points, or 1.04%, to 35061.55
The lowest corporate tax in the world comes out and Wall Street panics, "preparing to lower expectations for next year."
In order to fund large domestic spending projects, the United States has made an ambitious proposal to countries around the world: it is time to overhaul the global tax system. After years of negotiation, an agreement is just around the corner. The Group of Seven finance ministers meeting in London on Saturday agreed to impose at least 15 per cent of the world's minimum corporate tax on multinationals. The group also says the largest companies should pay taxes where they generate sales, not just where they have physical operations. The news was for the G-7 leaders' meeting in Cornwall this week and the G-20 in Venice, Italy, in July.
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